Search Results for: Accountancy
MIA and ACCA sign Agreement
November 10th, 2014
The Malaysian Institute of Accountants (MIA) and ACCA (the Association of Chartered Certified Accountants) signed a Memorandum of Understanding (MoU), which will result in them working together to develop the profession in Malaysia and the wider region. Through this ...
Accountant arrested over suspected £2m VAT fraud
November 7th, 2014
An accountant is among four people arrested in dawn raids yesterday on suspicion of a £2.2m VAT fraud. The four men, three from Essex and one from Hertfordshire, allegedly set up an elaborate scheme of subcontractors within the civil ...
Deloitte takes top slot as Scotland’s largest firm
November 5th, 2014
Deloitte is the largest accountancy firm in Scotland, as measured in The CA magazine’s annual Accountancy Review. The CA is the membership journal of the Institute of Chartered Accountants of Scotland (ICAS). The Accountancy Review charts the largest 30 ...
EY ends Deloitte’s 14-year audit role at RBS
November 4th, 2014
EY has emerged victorious in the battle to secure the lucrative RBS audit account. The bank announced that EY had wrested the account from incumbent Deloitte, which has been the institution’s auditor since 2000. Last year RBS paid Deloitte ...
RBS Leans Towards Naming EY As New Auditor
October 31st, 2014
Royal Bank of Scotland (RBS) is leaning towards appointing the smallest of the big four accountancy firms as its new auditor, a move that would spell the end of its relationship with Fred Goodwin’s erstwhile employer. RBS is closing ...
Audit Commission reveals highest ever levels of council fraud detection
October 22nd, 2014
Nearly £200M of fraud has been detected by English councils in 2013/14 – the highest amount for a generation and ten times the 1990 figure, the Audit Commission has revealed. In its latest – and last – report on ...
Maltese regulator tightens Financial Licensing Rules for FX; minimum capital up to €730,000
October 21st, 2014
The MFSA has issued a notice regarding applicants for a Category 2 or Category 3 Investment Services Licence that would like to carry out online forex trading in terms of the Investment Services Act. MFSA underscored the necessity of further tightening the ...
The Rise and Fall of the Cypriot Economy (Part 1)
October 16th, 2014
Part 1 – Blue Skies, Growth & Wealth Development The Cypriot economy has had its fair share of ups and downs over the past 60 years since the island gained independence from the United Kingdom. The purpose of this ...
Three more directors suspended as Tesco scandal inquiry continues
October 15th, 2014
Three more Tesco directors were suspended yesterday as part of the £250m accountancy scandal at the UK’s biggest supermarket. Dan Jago, director of beers and wines, William Linnane, director of impulse purchases, and Sean McCurley, director of convenience, were ...
KPMG focuses on diversity
October 14th, 2014
KPMG has admitted that the class, gender, ethnic and sexual orientation of it staff does not reflect the make-up of wider British society or its client base. And in order to begin addressing the oversight, it has unveiled a ...
