Leadership &amp; Management

Image for covid 19 warning furlough nics errors

Business | Covid-19: warning on furlough NICs errors

SMEs accidentally overclaiming for National Insurance Contributions (NICs) they do not pay could result in them having to repay thousands of pounds back to HMRC down the line, according to UHY Hacker Young

7 May 2020

Image for one five apprentices underpaid

HR | One in five apprentices underpaid

One in five apprentices earn less than their legal entitlement according to analysis from the Low Pay Commission (LPC), which is calling for urgent action from HMRC to improve national minimum wage (NMW) enforcement

7 May 2020

Image for covid 19 acca offers remote exam taking

HR | Covid-19: ACCA offers remote exam-taking

ACCA is to introduce remote exams for students around the world to enable them to take their exams at home or in another location in circumstances where centre-based exam sittings are disrupted as a result of the current pandemic

7 May 2020

Image for blue plaque commemorates first woman chartered accountant

HR | Blue plaque commemorates first woman chartered accountant

One hundred years after Mary Harris Smith became the first woman to join the ICAEW and the world’s first female chartered accountant, a blue plaque has been placed on the offices in London where she worked

7 May 2020

Image for wealth series helping clients reach retirement part 5

Tax | Wealth series: helping clients reach retirement - part 5

Accountants and financial planners must work together for their clients to fulfil their retirement dreams, writes Emma Watson, head of financial planning at Rathbone Investment Management

6 May 2020

Image for covid 19 aat grants student membership extensions

Business | Covid-19: AAT grants student membership extensions

AAT (Association of Accounting Technicians) has granted membership renewals to students who are close to completing their AAT qualification and may therefore have not budgeted for an additional year of student membership

1 May 2020

Image for grant thornton launches digital accountant pathway

Business | Grant Thornton launches digital accountant pathway

Grant Thornton introduces their digital accountant pathway for its trainee intake to develop technology, process and data audit skills alongside ACA qualification

1 May 2020

Companies

Image for covid 19 partners future under spotlight during crisis

Business | Covid-19: partners’ future under spotlight during crisis

As the Big Four and other large practices cut pay and furlough staff, Kingsley Napley’s employment partner Richard Fox sets out what partners should do if they face a cull

1 May 2020

Image for kpmg administrators scottish building company

Business | KPMG administrators to Scottish building company

KPMG partner Blair Nimmo and director Geoffrey Jacobs have been appointed as joint administrators of Central Building Contractors (Glasgow) Ltd, which has collapsed with the loss of more than 150 jobs

30 Apr 2020

Restructuring & Insolvency

Companies

Image for uhy hacker young names banerjee new managing partner

Business | UHY Hacker Young names Banerjee new managing partner

Subarna Banerjee has been appointed as the new managing partner at top twenty firm UHY Hacker Young, taking over from Laurence Sacker who has held the role since 2016

28 Apr 2020

Companies

Image for mid tier firm challenger rsm names rob donaldson ceo

Business | Mid-tier firm challenger RSM names Rob Donaldson as CEO

Top 10 accounting firm RSM has named Rob Donaldson as CEO three months after the mid-tier cleared out the executive team

24 Apr 2020

Accountancy Firms

Image for covid 19 grant thornton makes cuts and forecasts 20 profit drop

Business | Covid-19: Grant Thornton makes cuts and forecasts 20% profit drop

Grant Thornton has cut the pay and hours of some 300 employees ahead of an anticipated 20% drop in profits at the firm, which earlier in the pandemic sought volunteers to work reduced hours or opt for a short-term sabbatical

21 Apr 2020

Image for ey cuts partner pay 20 prevent furloughing staff

Business | EY cuts partner pay by 20% to prevent furloughing staff

EY is the second Big Four firm to cut partner pay by 20% as a ‘prudent’ measure in the face of the covid-19 situation, but it says it hopes to avoid making redundancies or putting staff on furlough, reports Pat Sweet

17 Apr 2020

Image for bdo furloughs 700 and cuts partner pay 25

Business | BDO furloughs 700 and cuts partner pay by 25%

BDO is the latest major accounting firm to use the furlough rules to temporarily lay off 700 staff, freeze the quarterly dividend and cut partners’ monthly pay by 25%. Sara White reports

16 Apr 2020

Image for deloitte freezes salaries defers partner payouts

Business | Deloitte freezes salaries, defers partner payouts

Big Four accounting giant Deloitte has confirmed plans to defer partner profit distribution payments and freeze the annual firm-wide salary increase for all staff, but will make partner promotions, in light of covid-19 situation, reports Sara White

16 Apr 2020