Accounting rules must not impede business bank's creation
Accounting Standards

Accounting rules must not impede business bank's creation

14y Richard Crump , Writer

Accounting rules must not impede business bank's c...

Think tank urges government to change accounting rules to keep loans needed to create state-backed investment bank off the country’s balance sheet Rea...

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KBC appoints new CFO
People Business

KBC appoints new CFO

14y Richard Crump , Writer

KBC appoints new CFO

Caroline Brown joins KBC Advanced Technologies as chief financial officer Read More...

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Hoogervorst criticises US approach to impairment accounting
Accounting Standards

Hoogervorst criticises US approach to impairment accounting

14y Richard Crump , Writer

Hoogervorst criticises US approach to impairment a...

IASB chairman says US plans for loan provisioning could deter banks from lending Read More...

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ICAEW: Focus on current IFRSs, not convergence
Accounting Standards

ICAEW: Focus on current IFRSs, not convergence

14y Richard Crump , Writer

ICAEW: Focus on current IFRSs, not convergence

The IASB’s focus should shift away from convergence to quality of current rules, says ICAEW Read More...

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Plan Sponsors face grim IAS19 profit and loss pension costs
Accounting Standards

Plan Sponsors face grim IAS19 profit and loss pension costs

14y Richard Crump , Writer

Plan Sponsors face grim IAS19 profit and loss pens...

Stubbornly high deficits couple with changes to IAS19 standards Read More...

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Audit committtee's independence called into question
Audit

Audit committtee's independence called into question

14y Richard Crump , Writer

Audit committtee's independence called into questi...

Investors and analysts raise doubts about whether audit committees are sufficiently independence from company management Read More...

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Soldiering on in new accounting career
People In Practice

Soldiering on in new accounting career

14y Richard Crump , Writer

Soldiering on in new accounting career

Afghanistan veteran Stephen Gillespie is forging a new career in accounting. The profession should help Stephen and others like him Read More...

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European audit reforms watered down
Audit

European audit reforms watered down

14y Richard Crump , Writer

European audit reforms watered down

Mandatory auditor rotation moves from every six to 25 years Read More...

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Cable lowers audit exemption threshold
Audit

Cable lowers audit exemption threshold

14y Richard Crump , Writer

Cable lowers audit exemption threshold

Tens of thousands of companies exempted from mandatory audits under rules announced by Vince Cable Read More...

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PwC competition research earns mid-tier backlash
Audit

PwC competition research earns mid-tier backlash

14y Richard Crump , Writer

PwC competition research earns mid-tier backlash

Research by PwC that shows FTSE 350 audit market is fiercely competitive rubbished by mid-tier rival Read More...

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Bunzl FD joins United Utilities board
People Business

Bunzl FD joins United Utilities board

14y Richard Crump , Writer

Bunzl FD joins United Utilities board

Brian May joins United Utilities as company is subject to takeover speculation Read More...

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Barclays SFO probe will target business, not individuals
Company News

Barclays SFO probe will target business, not individuals

14y Richard Crump , Writer

Barclays SFO probe will target business, not indiv...

SFO probe borne out of FSA investigation into the bank and former senior employees including finance director Chris Lucas, but will not look at indivi...

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Hong Kong regulator takes E&Y to court
Legal

Hong Kong regulator takes E&Y to court

14y Richard Crump , Writer

Hong Kong regulator takes E&Y to court

Securities and Futures Commission commences legal proceedings against Ernst & Young over access to accounting records Read More...

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E&Y replaces PwC as auditor of Exillon Energy
Accounting Firms

E&Y replaces PwC as auditor of Exillon Energy

14y Richard Crump , Writer

E&Y replaces PwC as auditor of Exillon Energy

Russia-focused oil producer names E&Y as auditor as part of cost review process Read More...

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KPMG organises pre-pack of Mouchel to lenders
Company News

KPMG organises pre-pack of Mouchel to lenders

14y Richard Crump , Writer

KPMG organises pre-pack of Mouchel to lenders

Administrators organise sale of Mouchel assets to MRBL Limited, a new company owned by affiliates of its lenders Read More...

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KPMG travails indicative of wider malaise
Accounting Firms

KPMG travails indicative of wider malaise

14y Richard Crump , Writer

KPMG travails indicative of wider malaise

All of the Big Four are suffering from price competition for audit tenders, and limited opportunities for M&A and IPO work Read More...

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Growing skills gap emerging in finance functions
People Business

Growing skills gap emerging in finance functions

14y Richard Crump , Writer

Growing skills gap emerging in finance functions

Report claims 80% of finance professionals planning to quit their roles in next 12 months Read More...

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Regulators to clear up advisors' whistleblowing rules
Accounting Standards

Regulators to clear up advisors' whistleblowing rules

14y Richard Crump , Writer

Regulators to clear up advisors' whistleblowing ru...

Standard setter to revise instances where accountants should override confidentiality and disclose a suspected illegal act Read More...

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Government borrowing spikes as tax receipts slump
Corporate Tax

Government borrowing spikes as tax receipts slump

14y Richard Crump , Writer

Government borrowing spikes as tax receipts slump

Shortfall in corporation tax receipts blamed for £600m rise in government borrowing in July Read More...

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Deloitte accountant’s death 'unconnected' to Standard Chartered
Accounting Firms

Deloitte accountant’s death 'unconnected' to Standard Chartered

14y Richard Crump , Writer

Deloitte accountant’s death 'unconnected' to Stand...

Deloitte refutes suggestions that Daniel Pirron's suicide is connected with work the firm carried out on behalf of Standard Chartered Read More...

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Female partner promotions at KPMG down on 2011
People In Practice

Female partner promotions at KPMG down on 2011

14y Richard Crump , Writer

Female partner promotions at KPMG down on 2011

KPMG cites range of people available as reason for fall in number of women promoted to partner Read More...

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AADB closes investigation into E&Y Equitable Life actuary
Audit

AADB closes investigation into E&Y Equitable Life actuary

14y Richard Crump , Writer

AADB closes investigation into E&Y Equitable L...

FRC disciplinary board says no realistic prospect that a tribunal would make an adverse finding against the actuary concerned with audit of Equitable ...

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Ex-KPMG audit partner appointed to Amlin board
Audit

Ex-KPMG audit partner appointed to Amlin board

14y Richard Crump , Writer

Ex-KPMG audit partner appointed to Amlin board

Shonaid Jemmett-Page adds another non-exec board role to extensive portfolio Read More...

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Reed Elsevier appoints Duncan Palmer as CFO
People Business

Reed Elsevier appoints Duncan Palmer as CFO

14y Richard Crump , Writer

Reed Elsevier appoints Duncan Palmer as CFO

Anglo-Dutch publishing group Reed Elsevier has named Fortune 500 chief financial officer Duncan Palmer as the successor to Mark Armour Read More...

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Pensioners lose out in offshore tax appeal
Personal Tax

Pensioners lose out in offshore tax appeal

14y Richard Crump , Writer

Pensioners lose out in offshore tax appeal

HMRC wins appeal to force couple to pay interest on an offshore tax liability Read More...

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Deloitte launches defence of Standard Chartered work
Legal

Deloitte launches defence of Standard Chartered work

14y Richard Crump , Writer

Deloitte launches defence of Standard Chartered wo...

Joe Echevarria, US CEO of Deloitte, hits back at claims that his firm helped Standard Chartered Bank disguise secret Iranian client transactions from ...

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Consultancy: The Top 50 +50
Consulting

Consultancy: The Top 50 +50

14y Richard Crump , Writer

Consultancy: The Top 50 +50

Pressure on profit and fees in audit and compliance work is leading firms to reposition themselves as broader advisory businesses Read More...

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