Search Results for: Accountancy
Auto Trader swaps PwC for KPMG as auditor
February 22nd, 2016
ONLINE car dealership Auto Trader has appointed KPMG as its auditor, it has been confirmed. PwC, which has been Auto Trader’s auditor since 2004, will conduct the current year audit and stand down at the conclusion of the AGM in ...
Chartered Accountants in Pakistan gain international recognition as ICAP joins Chartered Accountants Worldwide
February 11th, 2016
The Institute of Chartered Accountants of Pakistan (ICAP) has been awarded Associate membership by Chartered Accountants Worldwide. ICAP is the second professional body to be admitted to the organisation since it was launched in February 2013. As an Associate ...
Accountants among most recession-proof professions
February 11th, 2016
ACCOUNTANCY is one of the most recession-proof private sector professions in the UK, according to an analysis of ONS and professional industry data. Analysis undertaken by Randstad Financial & Professional found that, over the past 12 years, the total salary ...
HMRC condemns Growth Securities Ownerships Plan
February 9th, 2016
TAX AVOIDANCE schemes that are based on contracts for difference have been labelled “ineffective” by HMRC as it looks to challenge any employer that’s using the initiative. These claims by the tax department come nearly seven years after a major ...
Baker Tilly International Reports Revenue Growth
February 5th, 2016
Baker Tilly International reported its financial performance for the 12-months ending June 2015 with global combined revenues rising 7% to US$3.8bn. Commenting on the release of the figures, CEO and president Geoff Barnes said: “This represents our strongest revenue ...
KPMG Audit plc’s audit of HBOS plc
January 22nd, 2016
The Financial Reporting Council’s (FRC) Conduct Committee has reviewed the full report from the PRA and FCA into the failure of HBOS plc. and has asked the FRC’s Executive Counsel to undertake preliminary enquiries under the Accountancy Scheme, the ...
KPMG’s Top Financial Adviser quits over alleged tax scandal
January 21st, 2016
KPMG’s Patrick McCoy quits over alleged tax scandal Patrick McCoy, one of the top financial advisers in the UK, is among 10 people allegedly charged with tax evasion. Days after being accused, McCoy, the head of investment advice and ...
‘Big Four’ audit firms never examined over illegal tax plans
January 18th, 2016
Regulators fail to act as they are dominated by the companies they are supposed to police, say critics Audit and accountancy firms who devise tax-avoidance schemes ruled unlawful have never faced official reprimand, The Independent can reveal. None of the so-called ...
Social media ‘increasingly important’ to accountants
January 5th, 2016
Social media is becoming more important to accountants in generating new business and raising their profile, according to the Wolters Kluwer 2015 social media survey. Since the survey’s inception in 2011, more accountants have embraced social media as a part ...
KPMG: UK tax changes will slow down buy-to-let market
December 30th, 2015
The buy-to-let market will slow down next year due to a series of tax changes, accountancy giant KPMG has said. The changes, including a three per cent hike to stamp duty on buy-to-let homes, to be introduced in April, will put off ...
