RegulationAccounting StandardsOnline expense business obtains ICAEW backing

Online expense business obtains ICAEW backing

Internet business GlobalExpense becomes the first expense company to receive accreditation from the ICAEW

The ICAEW has accredited its first expense management system, GlobalExpense,
which is the first business to receive the accreditation from the institute.

The ICAEW also worked with the software company to develop the new category
which came into existence this year.

David Vine, CEO at GlobalExpense said poor compliance can leave organisations
“wide-open” to expenses fraud.

“We hope that the new ICAEW accreditation category for employee expense
management will encourage more managers to address fraud taking place in their
organisations,” he said.

Businesses seeking accreditation from the ICAEW, in this category, must show
efficiency of authorisation of expenses.

Further reading:

ICAEW
chief raises Time to Pay repayment concerns

Dell
moves to settle SEC accounting case

BASDA
launch IT standard for environmental accounting

Related Articles

Treasury Select Committee report released on Making Tax Digital

Accounting Standards Treasury Select Committee report released on Making Tax Digital

11m Stephanie Wix, Writer
New Year Honours of 2017

Accounting Standards New Year Honours of 2017

11m Stephanie Wix, Writer
Record fine for Deloitte and audit partner over Aero misconduct

Accounting Standards Record fine for Deloitte and audit partner over Aero misconduct

1y Stephanie Wix, Writer
'Clear' tax avoidance guidance for advisers issued by institutes

Accounting Standards 'Clear' tax avoidance guidance for advisers issued by institutes

1y Stephanie Wix, Writer
Eight landmarks in the history of accountancy

Accounting Standards Eight landmarks in the history of accountancy

1y Acccountancy Age
Taking Stock: PwC outdoes ICAEW in the nibble stakes (steaks)

Accounting Standards Taking Stock: PwC outdoes ICAEW in the nibble stakes (steaks)

2y Taking Stock
ICAEW president: We must adapt to add to our heritage

Accounting Standards ICAEW president: We must adapt to add to our heritage

2y Richard Crump, Writer
ICAEW targets state of audit in consultation paper

Accounting Standards ICAEW targets state of audit in consultation paper

2y Fraser Simpson, Reporter