Saffery Champness wins Kibo Mining audit account
Accounting Firms

Saffery Champness wins Kibo Mining audit account

12y Chris Warmoll , Writer

Saffery Champness wins Kibo Mining audit account

The firm replaces LHM Casey McGrath, which served as the Tanzanian-focussed mining company's auditor since 2008. Read More...

View article
Scottish Police Authority audit quality panned
Audit

Scottish Police Authority audit quality panned

12y Chris Warmoll , Writer

Scottish Police Authority audit quality panned

Unqualified 2013/14 accounts criticised while attention drawn to the poor quality of several aspects of the SPA's accounting records Read More...

View article
FRC launches probe into Tesco's audit and accounting scandal
Accounting Firms

FRC launches probe into Tesco's audit and accounting scandal

12y Chris Warmoll , Writer

FRC launches probe into Tesco's audit and accounti...

FRC launches investigation into preparation, approval and audit of Tesco's accounts Read More...

View article
Get the latest analysis and reports delivered to your inbox daily
Trainee accountant spared jail over Rodney Trotter ruse
People Business

Trainee accountant spared jail over Rodney Trotter ruse

12y Chris Warmoll , Writer

Trainee accountant spared jail over Rodney Trotter...

25-year-old Ryan William Flood, admitted 19 offences under the Trademarks Act and was sent to Merthyr Crown Court for sentence Read More...

View article
Social media 'still a minority interest' for UK accountants
Technology

Social media 'still a minority interest' for UK accountants

12y Chris Warmoll , Writer

Social media 'still a minority interest' for UK ac...

Women are far keener to embrace social media (89%) than their male counterparts (80%) Read More...

View article
FRC consults on EU audit directive and regulation
Audit

FRC consults on EU audit directive and regulation

12y Chris Warmoll , Writer

FRC consults on EU audit directive and regulation

FRC seeking views on whether limits on non-audit services to PIEs or their controlled entities in Europe should apply to all audited group entities Re...

View article
‘Accountant of Auschwitz' to face day in court
Legal

‘Accountant of Auschwitz' to face day in court

12y Chris Warmoll , Writer

‘Accountant of Auschwitz' to face day in court

Prosecutors proceed with trial of 93-year-old Oskar Gröning, known as the 'the accountant of Auschwitz' Read More...

View article
GT resigns Quarto audit over conflict of issue
Accounting Firms

GT resigns Quarto audit over conflict of issue

12y Chris Warmoll , Writer

GT resigns Quarto audit over conflict of issue

Quarto's directors announced the move to the stock market following the emergence of a conflict of interest between a director at the publisher and Gr...

View article
FRC consults on FRS101 amendment
Accounting Standards

FRC consults on FRS101 amendment

12y Chris Warmoll , Writer

FRC consults on FRS101 amendment

Announcement is in line with the FRC’s commitment to update FRS 101 annually to ensure the reduced disclosure framework remains consistent with IFRS R...

View article
HMRC tax helpline delays criticised
Corporate Tax

HMRC tax helpline delays criticised

12y Chris Warmoll , Writer

HMRC tax helpline delays criticised

Of the 71 calls made where researchers did manage to get past the automated system, they were then put on hold for an average of 18 minutes Read More...

View article
Bumper bonus expectations for accountants
Accounting Firms

Bumper bonus expectations for accountants

12y Chris Warmoll , Writer

Bumper bonus expectations for accountants

Salary growth over the last four years means that a 19% bonus now equates to 22% more in monetary terms than in 2010/11, when it amounted to £10,438 R...

View article
Pride as EY named Stonewall Star Performer on workplace equality
Accounting Firms

Pride as EY named Stonewall Star Performer on workplace equality

12y Chris Warmoll , Writer

Pride as EY named Stonewall Star Performer on work...

EY one of eight organisations and the only one of the Big Four to receive the recognition Read More...

View article
Accounts qualified for 1,000 ‘small bodies', reports Audit Commission
Audit

Accounts qualified for 1,000 ‘small bodies', reports Audit Commission

12y Chris Warmoll , Writer

Accounts qualified for 1,000 ‘small bodies', repor...

The Audit Commission dismayed at decline in quality of reporting for ‘small bodies' such as parish councils and Internal Drainage Boards, which spend ...

View article
MPs blast Post Office over accounting software mediation
Accounting Software

MPs blast Post Office over accounting software mediation

12y Chris Warmoll , Writer

MPs blast Post Office over accounting software med...

Over 140 MPs have now withdrawn their support for Post Office's mediation scheme, which was set up to address the mounting claims Read More...

View article
HMRC probes grab £3.9bn extra VAT from SMEs
Administration

HMRC probes grab £3.9bn extra VAT from SMEs

12y Chris Warmoll , Writer

HMRC probes grab £3.9bn extra VAT from SMEs

Level of additional VAT from probes into small businesses by HMRC's local offices has now almost doubled in three years Read More...

View article
Massive Sony Pictures hack captures senior Deloitte staff salary details
Accounting Firms

Massive Sony Pictures hack captures senior Deloitte staff salary details

12y Chris Warmoll , Writer

Massive Sony Pictures hack captures senior Deloitt...

The list details the Big Four firm's US senior executive pay scales from 2005. Among them are a tax director from Washington DC on $450,000 Read More...

View article
KPMG stays top dog in auditor ranking stakes
Accounting Firms

KPMG stays top dog in auditor ranking stakes

12y Chris Warmoll , Writer

KPMG stays top dog in auditor ranking stakes

Every top 20 firm retained the same position as the last stock market client Adviser Ranking in August 2014 Read More...

View article
#AS2014: Banks hit with £3.5bn rap on knuckles
Corporate Governance

#AS2014: Banks hit with £3.5bn rap on knuckles

12y Chris Warmoll , Writer

#AS2014: Banks hit with £3.5bn rap on knuckles

The measure - which will kick in from 1 April 2015 - includes an exemption for losses incurred in the first five years of a bank's authorisation Read ...

View article
#AS2014: Wales and NI handed devolved tax powers
Corporate Tax

#AS2014: Wales and NI handed devolved tax powers

12y Chris Warmoll , Writer

#AS2014: Wales and NI handed devolved tax powers

Wales will see full devolution of business rate raising powers, while NI looks set to gain control over its corporation tax rates - with a caveat Rea...

View article
Deloitte faces Saudi audit ban
Audit

Deloitte faces Saudi audit ban

12y Chris Warmoll , Writer

Deloitte faces Saudi audit ban

Threat stems from Saudi's market regulator, the Capital Market Authority (CMA), telling businesses registered in the Middle Eastern state to stop usin...

View article
IASB seeks to widen global investor engagement in IFRS
Accounting Standards

IASB seeks to widen global investor engagement in IFRS

12y Chris Warmoll , Writer

IASB seeks to widen global investor engagement in ...

IASB seeks greater participation from international buy-side investor community Read More...

View article
FRC review finds bank audits in need of 'significant improvements'
Accounting Firms

FRC review finds bank audits in need of 'significant improvements'

12y Chris Warmoll , Writer

FRC review finds bank audits in need of 'significa...

Profession's watchdog slams aspects of quality of the financial institutions' audits from the Big Four and mid-tier firms in 2012-13 audit quality r...

View article
Over 55s could face five-pronged property tax hit
Accounting Firms

Over 55s could face five-pronged property tax hit

12y Chris Warmoll , Writer

Over 55s could face five-pronged property tax hit

PwC issue warning as new annuity reforms will allow people to unlock and withdraw their pensions in one lump sum Read More...

View article
Industry gives cautious welcome to HMRC DRD backtrack
Personal Tax

Industry gives cautious welcome to HMRC DRD backtrack

12y Chris Warmoll , Writer

Industry gives cautious welcome to HMRC DRD backtr...

ICAEW chief executive Michael Izza said the institute would keep a careful eye on the passage of this legislation through parliament to ensure the com...

View article
HMRC's draconian DRD plans diluted after wave of opposition
Administration

HMRC's draconian DRD plans diluted after wave of opposition

12y Chris Warmoll , Writer

HMRC's draconian DRD plans diluted after wave of o...

Treasury's DRD plans now come with safeguards to prevent state abuse - such as taxpayers having the right of appeal at court before funds removed Read...

View article
Council investigated by financial police after PKF audit report
Audit

Council investigated by financial police after PKF audit report

12y Chris Warmoll , Writer

Council investigated by financial police after PKF...

PKF Littlejohn discovered that Keighley Town Council may have taken "unlawful actions" and acted "without consideration of its legal powers" Read More...

View article
Accounting gaffe leads to nurses being asked to 'work for free'
Politics

Accounting gaffe leads to nurses being asked to 'work for free'

12y Chris Warmoll , Writer

Accounting gaffe leads to nurses being asked to 'w...

RCN said the draconian move by the NHS trust was badly damaging morale among nurses who already voluntarily work extra hours unpaid Read More...

View article