The Independent Banking Advisory Service said it has received a large number of complaints from ‘victims’ of fee-hungry investigating accountants, accusing them of writing overly pessimistic reports of a company’s performance in the hope it will go into receivership. The Society of Practitioners of Insolvency claimed, however, that less than one-third of investigating accountants are subsequently appointed receivers. In these cases, it said, more could often be achieved by the same firm than by one forced to go in ‘cold’.
Just one half of UK practices have implemented a pricing structure around auto enrolment implementation and advice - with many suffering increased costs
Deloitte's north-west Europe foray; BDO, Smith & Williamson investment paths; Shelley Stock Hutter; and Wilkins Kennedy discussed by editor Kevin Reed on our Friday Afternoon Live broadcast
Accountants should alter their perspective on auto-enrolment to maximise business opportunities, according to Eric Clapton.
Kevin Reed discusses whether new accountancy group Cogital can rival the Big Four...and its likely direction of travel