JMH Treasury found that companies with market capitalisations of over £2bn will spend at least £1m each to ensure their treasury systems meet the requirements of the new rules on derivatives and other financial instruments listed in IAS 39.
The study also showed that very few are ready for the introduction of IAS 39 with 50 of the UK’s top 500 companies unable to answer the JMH’s questions on financial instruments, according to the Financial Times.
Mark McMullen joins the private client services team from Smith & Williamson
Merger between Clear & Lane Chartered Accountants and Magma Chartered Accountants was finalised on 3 February
BDO has taken its new partner intake to 23 during the first half of its financial year, including the appointment of five partners in five weeks
The firm reports 7.6% global fee income growth for the year ending 31 December 2016