Foot in mouth.
You published two rather aggressive responses to Finian Manson’s criticism of the insolvency profession (Letters, page 19, 19 July), and although the authors did not identify how they make their money, I think most of us can guess. How apt that one of these should choose to compare the work of insolvency profession to vets, who during the current foot and mouth disaster have spent their time culling a vast proportion of the agricultural economy.
The other wonders why Mr Manson should be so upset. Perhaps because he, like me, has in over 20 years’ experience, never yet come across an insolvency case which has turned around, or in which creditors have received anything like the value they should have done.
As for the comment that banks and practitioners value the ongoing relationship with the customer – don’t be so disingenuous. The bank wants their money, and they usually get it. Second on the list of priorities is the fee.
Third on the list of priorities – well, is there one?
The numbers you crunch tell a story. Your expertis...
23yEmbracing user-friendly AP systems can turn the tide, streamlining workflows, enhancing compliance, and opening doors to early payment discounts. Read...
View articleOrganisations can enhance their financial operations' efficiency, accuracy, and responsiveness by adopting platforms that offer them self-service cust...
View articleIn a world of instant results and automated workloads, the potential for AP to drive insights and transform results is enormous. But, if you’re still ...
View resourceDiscover how AP dashboards can transform your business by enhancing efficiency and accuracy in tracking key metrics, as revealed by the latest insight...
View articleGlobal spend on accountancy outsourcing up by 40% in the space of five years. News comes as accountancy outsourcing specialist AdvanceTrack reports en...
View articleFollowing a profitability review, Deloitte has decided to scale back its UK deals business due to lower returns. This strategic shift could lead to jo...
View articleUK-based Dow Schofield Watts (DSW), a mid-market professional services network, announced the creation of a new division called DSW Principal Partners...
View articleEY has been undergoing significant cost-cutting measures and streamlining its operations since the abandonment of Project Everest. The firm has made t...
View articleTransitioning from an accounting firm to a consultancy model is only one part of the puzzle. The next, equally vital piece is making the market aware ...
View articleThis framework, while providing a top-line view, underscores the importance of strategic vision, operational excellence, and the spirit of continuous ...
View articleLooking ahead, the Big 4 firms face a challenging year, with ongoing cost-of-living concerns, slow economic growth, rising geopolitical tensions, and ...
View articleLast month it was reported that Deloitte would be cutting approximately 1,200 jobs in the United States, making it the latest of the Big Four accounti...
View article