Search Results for: SME
KPMG SME foray doomed to fail
February 18th, 2015
KPMG is doomed to fail as the Big Four firm attempts to wrest business from High Street practitioners, according to Accountancy Age readers. That was the majority view when asked if the Big Four firm “can compete with the high street for ...
UK SMEs lack processes required to eradicate late payments, reveals Neopost survey
February 5th, 2015
New research from Neopost UK has found that – even though invoices make up nearly a third (31%) of all SMEs outgoing communications – the majority of the UK’s smaller firms are struggling to manage their invoicing processes in ...
SMEs bear brunt of UK’s £10bn Hidden Tax Burden
January 30th, 2015
The UK tax system is costing businesses up to £10bn in hidden costs a year, with SMEs bearing the majority of this burden according to new research by AAT. Ahead of HMRC’s end-of-the-month self-assessment deadline, AAT has researched the ...
Accounting firms: Small practitioners pick apart KPMG’s SME move
January 22nd, 2015
A torrent of defiance and disbelief has been unleashed by accountancy practices across the UK after KPMG‘s recent vow to disrupt and dominate the SME market by telling small businesses “you can pay us the same as your current accountant, ...
Audit and assurance for SMEs
December 22nd, 2014
While regulators are lifting the audit thresholds around the world, SMEs still see the access to funding as a challenge. This raises the issue of the value of assurance services for SMEs and the role of accountants in offering, ...
PwC urges SME boosts, innovation in 2015 budget
December 1st, 2014
Measures to reduce the burdens of small and medium enterprises (SMEs), ease the risk of investing in intellectual property and lessen the strain on the old will help Singapore to lay the foundation for the next 50 years, the ...
Competition watchdog to investigate UK current account and SME banking market
November 7th, 2014
The UK’s Competition and Markets Authority is to launch a full-scale investigation into personal current accounts and SME banking, following a three month consultation exercise. The CMA published two studies in July which indicated that regulatory barriers and limited ...
Investment environment improved for UK SMEs who are ‘back in the game’
October 24th, 2014
Small and medium sized enterprises (SMEs) around the world have seen confidence levels rise and economic outlook improve drastically in the twelve months to mid-2014, according to findings from ACCA (the Association of Chartered Certified Accountants) and IMA® (Institute ...
KPMG targets SMEs with new division
October 21st, 2014
Business advisory firm KPMG today launched a new arm aimed at providing affordable services to small and medium-sized firms. KPMG Enterprise has been kicked off with a £40m investment. Jon Holt, office senior partner at KPMG in Manchester, said: ...
StanChart preparing to close bank accounts of thousands of UAE SMEs
October 20th, 2014
Standard Chartered has notified thousands of UAE small and medium enterprise customers it is closing their accounts as it responds to pressure from US regulators to cut its risks following an anti-money laundering settlement. “We regret to notify you ...
