The Charity Commission is urging UK-based charities to take part in a consultation launched by the standards body the Financial Action Task Force (FATF) on revising its recommendation designed to protect charities against terrorist abuse, amid concerns that some sham charities may be used as funding sources, or that legitimate charities are being used as a cover to pass on funds

ICAS has appointed Ken McHattie as president of ICAS replacing outgoing president Jim Pettigrew for a one-year term at the professional body representing CAs, which has just announced membership numbers have risen to a record 21,000 while reporting a below-target 3% annual rise in group income

ICAEW has appointed Vernon Soare, currently executive director for professional standards, as the institute’s new chief operating officer, the first time there has been a named postholder in this role for ten years 

The director of four Scottish bars has been disqualified for six years for failing to address the company’s tax and business rate affairs, resulting in over £130,000 owing to the local council and some £26,000 to HMRC, following an investigation by the Insolvency Service

Diana Frangou and Guy Mander, partners at RSM have been appointed joint administrators to Ultra Furniture Ltd, a West Midlands furniture business, and have securred a deal to save 116 jobs at the company via a pre-pack rescue deal