On Monday the Revenue admitted that more than 500 laptop and desktop computers had been lost or stolen by Inland Revenue staff over the past five years, piling pressure on under fire Revenue boss Sir Nick Montagu.
There was news of a new player entering the audit market as two former PricewaterhouseCoopers partners formed a ‘new concept’ audit firm, which will focus on helping companies meet the requirements of the Higgs’ report.
Across the pond, William Donaldson was officially sworn in as the new chairman of the US Securities & Exchange Commission, replacing Harvey Pitt, who resigned in November.
Wednesday saw animal rights group SHAC (Stop Huntingdon Animal Cruelty) begin a major global campaign against Big Four firm Deloitte & Touche over its links with the controversial Huntingdon Life Sciences research company.
Meanwhile, Sir Nick Montagu, chairman of the Inland Revenue, will not resign from his post despite renewed and vigorous demands in the press, AccountancyAge.com learned.
On Thursday, Accountancy Age exlusively revealed that a large chunk of stock in troubled consolidator Tenon had been acquired by a major player in the founding of fellow listed accountancy firm Vantis.
And financial directors put the boot into Gordon Brown’s economic policy, after an Accountancy Age survey showed a massive and sudden drop in support for the ‘iron’ chancellor.
Does Darwin's theory apply to taxation? Colin ponders...
The EC has been instructed to draft a European Union (EU) directive authorising an EU financial transaction tax, which would apply to ten of the EU’s 28 member states
Accountancy watchdog the FRC has dropped its investigation into the former chief financial officer of Tesco, nearly two years after the supermarket was engulfed in an accounting scandal
Colin imagines how Apple's logo might change in the wake of the EC's ruling over its Irish tax arrangements