Search Results for: accountants
How to choose an accountant
October 3rd, 2014
Selecting an accountant to support your business is an important decision and something you need to consider carefully. Dan Martin gathers advice from members of the community UK Business Forums. How much should you pay? As with everything in ...
Accounts reporting abolition ruled
September 18th, 2014
The Solicitors Regulation Authority has backed down over plans to remove the requirement for firms to submit accountants’ reports every year. Instead, the regulator has decided to require reports only if they have been qualified by the accountant for ...
CEO of tax specialist cleared of wrongdoing after HMRC climb down
September 15th, 2014
The chief executive and a former director of the tax specialist arm of financial group Montpelier have been cleared of cheating the public revenue of £1m, after HM Revenue and Customs (HMRC) dropped the case against them. Watkin Gittins, ...
US lawmakers cautious about cash method of accounting
September 12th, 2014
Switching to accrual accounting would be severely damaging to businesses, US lawmakers have warned in a letter calling for the preservation of the cash method of accounting. The letter, signed by a bipartisan majority of the US House of ...
Gender inequality in accounting
September 11th, 2014
More than half of UK accountants consider men and women to have equal opportunities in the workplace, according to a survey by CareersinAudit.com. However, a significant chunk of the 300 accountants surveyed – 38.7% – still think that men ...
Accountant banned for signing audit reports
September 10th, 2014
An accountant has been excluded from the ICAEW and fined nearly £15,000 for issuing audit reports on behalf of his firms when they were not registered to carry out audit work. Robert Binfield, from Chester, issued reports for companies ...
Sage launches corporation tax application
August 28th, 2014
Originally developed for large corporate organisations, Sage chose to extend the Sage Corporation Tax application to smaller businesses that had claimed they were seeking a “more straight-forward” program than previous services. The functionality in the offering builds upon the ...
ACCA and Colombian Acountancy Body sign MOU
August 13th, 2014
The growth and development of the accountancy profession in Colombia has been bolstered by a Memorandum of Understanding being signed between INCP (Instituto Nacional de Contadores Públicos de Colombia), Colombia’s national accountancy body, and ACCA (the Association of Chartered ...
New accounting standard rule against banks’ losses from loans
August 11th, 2014
A new international accounting standard, IFRS 9, will set as requirement that banks should set aside more money in order to protect against losses from customers who can’t repay loans. The new rule will come into effect in 2018 ...
Why use a specialised small business accountant
July 29th, 2014
Starting your own business can be a difficult task. You know you have a great idea, you sound it out to some friends and work colleagues who tell you you’ll make millions. You finally get the confidence to take ...
