New filing deadlines for smaller companies are set to ruin accountants’
summer holidays, according to the Daily Telegraph.
The new rules, which mean the companies have just seven months to file
accounts rather than 10, mean that companies with year-ends will need to file in
the middle of the summer holidays every year.
‘It’s the height of the holiday season, particularly for those accountants
with children,’ Clive Lewis, of the ICAEW, said.
The proposed rules are part of the company law reform bill, due out this
The changes are designed to increase transparency, the information provided
being more up-to-date.
The Financial Reporting Council has issued guidance regarding the annual reporting of 1,200 large and smaller listed companies. The letter highlighted the key issues and improvements that can be made in the 2016 reporting season
Baldwins Accountancy Group has continued investment in the north-east and appointed David Fish as a director in its corporate finance team
UK M&A activity bounced back strongly in July and August, according to analysis by the deals practice at PwC.
Smith & Williamson has added Jim Clark and Philip Marsden, of Marsden Clark Corporate Finance Limited, to its corporate finance team.