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Third of SMEs do not have a business plan

April 11th, 2014 (0)
A third of SMEs say they do not have a business plan despite evidence that those that do are consistently more profitable and more than twice as successful in achieving their goals, according to research from software provider Exact. ...

Regulators suggest firms take deep dive into audit quality

April 11th, 2014 (0)
While acknowledging that auditors are under unprecedented scrutiny, an international association of audit regulators is asking audit firms to analyze causes of problems in audits globally in hopes of finding remedies. Lewis Ferguson, chair of the International Forum of ...

The billion-dollar bash – how post-crisis investigation work is changing the way law firms advise banks

April 11th, 2014 (0)
With banks setting aside eye-watering sums of money to meet liabilities generated by the fallout from the financial crash, in-house legal departments and law firms are having to rethink their business models. Alex Newman reports By any standards, $23bn ...

Wealth Within Ltd pays $20,400 in penalties over misleading advertising

April 11th, 2014 (0)
ASIC has issued a press released informing that Wealth Within Limited has paid $20,400 in penalties after ASIC issued two infringement notices for misleading online advertisements. The advertisements related to the investment returns of Wealth Within’s individually managed account ...

Police to wear digital cameras as part of courts efficiency plan

April 11th, 2014 (0)
Modernisation of the criminal justice system will give police mobile devices to record interviews and crime scenes Police officers will be expected to record interviews at crime scenes on mobile devices and deliver filmed evidence online under a digital ...

Code red: Stocks tank on Wall Street

April 11th, 2014 (0)
Investors might have used Wednesday’s rally as a chance to rest up so they could get back to what they’ve been doing best lately: selling. The Nasdaq lead the carnage today with a 3.1% loss. It’s fairly uncommon for ...

Cyprus: A Mediterranean island slowly rebuilding after crisis

April 11th, 2014 (0)
Cyprus, the tiny Mediterranean island bailed out a year ago, remains “in difficulty…but not as bad as one would have expected,” its finance minister Harris Georgiades told CNN during an interview in the capital city Nicosia. The country, which ...

Europe Stock Futures Follow Asia Down on Tech; Lira Falls

April 11th, 2014 (0)
European index futures and emerging-market currencies slid as a gauge of Asian stocks dropped the most in three weeks amid a selloff in technology shares that’s cut demand for riskier assets. Nickel extended its longest rally since 2010. Contracts ...

British Gas must pay £5.6m for blocking firms from switching

April 10th, 2014 (0)
British Gas has been ordered to pay £5.6m in compensation and fines for blocking businesses from switching suppliers and failing to tell others their contracts were ending, Ofgem said. The company, one of the Big Six suppliers, had already ...

HMRC unable to disclose figures for civil fraud investigations

April 10th, 2014 (0)
Only six taxpayers a month voluntarily acknowledge that they have committed fraud using a disclosure facility set up by HMRC at the beginning of 2012 The facility, which encourages people who have committed tax fraud to admit their offences ...
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