Following a string of high profile corporate collapses, almost all company boards expect an increase in legal and regulatory action over compliance failures
The Financial Reporting Council (FRC) has overhauled its leadership team with the appointment of Simon Dingemans and Sir Jon Thompson as chair and chief executive
HMRC has published an revised assessment of the potential cost to business of a no-deal Brexit, which estimates the ongoing administrative costs for UK-EU trade at £15bn a year with worst case scenario of up to £56 per declaration
Company reporters preparing year end financial statements need to take into account variable risk factors from going concern to materiality in the context of Brexit. Andrew Marshall FCA, senior technical partner at KPMG explains the key issues to consider
‘Trust fund syndrome’ is gripping family-owned businesses and forcing many of them out of family ownership after two generations, warns Smith & Williamson
There has been a 13% drop in the number of reports submitted by accountants to the Solicitors Regulation Authority (SRA) about failings in how lawyers handle client money over the past year
Big Four firm KPMG has taken on the administrations of two companies – a medical innovation start-up and an established polythene film manufacturer – which have both collapsed putting over 200 jobs at risk
Four senior advisers from Scotland’s leading accountancy practices have set up a corporate finance office in Edinburgh offering a director-led M&A service for SMEs
Listed companies are under pressure to align executive pension contributions with the workforce, after the Investment Association (IA) said it will give a ‘red top’, its highest level of warning, to any companies with existing directors who are paid more than 25% of salary as a pension contribution
MPs are calling for faster progress on audit reform, as the Business, Energy and Industrial Strategy (BEIS) committee launched an inquiry into Thomas Cook’s leadership and auditors EY and PwC
Setting a barrier between business and personal finances is an essential part of turning a business from a side project into a professional operation. Lisa Hogg, director at Wilson Field, explains