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Image for us court finds ex cfo autonomy guilty fraud

Business | US court finds ex-CFO of Autonomy guilty of fraud

The former chief financial officer (CFO) of British software firm Autonomy has been convicted of fraud by a US court in the first of a series of legal actions relating to claims that the company’s earnings had been falsely inflated when it was bought by US computer giant Hewlett-Packard (HP) for over $11bn in 2011

1 May 2018

Accountancy Firms

Called to Account

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Business | Development updates: May 2018

In the latest career development updates, consulting revenue hits £3bn at the Big Four, Carillion pay policy slammed as ‘greed on stilts’ by MPs, fair trial not possible after discussion of the case

1 May 2018

Accountancy Firms

Image for bame firm survey 2018 ethnic diversity stalls top firms

Business | BAME firm survey 2018: ethnic diversity stalls at the top firms

In Accountancy's second BAME Survey ethnic diversity at the top 10 accounting firms has stalled, showing very little growth over the past two years. Amy Austin examines why progress is so slow and why certain groups are shunning the profession altogether

1 May 2018

Accountancy Firms

Leadership & Management

Image for sra reports drop breaches client money rules

Business | SRA reports drop in breaches of client money rules

Law firms are improving their approach to handling client money, as the number of qualified accountant’s reports relating to breaches submitted to the Solicitors Regulation Authority (SRA) fell by 28% last year, according to analysis by Hazlewoods

30 Apr 2018

Accountancy Firms

Image for euuk working group assess risk financial services

Business | EU/UK working group to assess risk to financial services

The EU and UK are to set up a formal means of cooperating on risk management in financial services in the run up to May next year, when Brexit officially takes place

30 Apr 2018

Accountancy Firms

Image for 43 uk businesses report cyber breaches

Business | 43% of UK businesses report cyber breaches

More than four in 10 UK businesses have suffered a cyber breach or attack in the past 12 months, according to research by the Department for Digital, Culture, Media and Sport (DDCMS), which is urging companies to take action ahead of the introduction of the General Data Protection Regulations (GDPR) next month

30 Apr 2018

Accountancy Firms

AI & Technology

Image for crackdown scottish limited partnerships planned

Finance | Crackdown on Scottish limited partnerships planned

The Department for Business, Energy and Industrial Strategy (BEIS) has signalled plans to crackdown on the abuse of Scottish limited partnerships (SLPs) as a way of laundering dirty foreign money through the UK, after research suggested one such scheme had been used to channel $80bn (£58bn) out of Russia

30 Apr 2018

Financial Reporting

Accountancy Firms

Image for corporate insolvencies 13

Business | Corporate insolvencies up 13%

The number of companies becoming insolvent hit a four-year high in the first three months of 2018, according to figures for England and Wales published by the Insolvency Service, which also show individual insolvencies are on the rise

30 Apr 2018

Restructuring & Insolvency

Image for companies house alert about removing home address details

Finance | Companies House alert about removing home address details

Companies House is alerting individuals to a change to the data suppression laws which will help them remove their home address from publicly available company documents

27 Apr 2018

Financial Reporting

Accountancy Firms

Image for grant thornton launches management apprenticeship programme

Business | Grant Thornton launches management apprenticeship programme

Grant Thornton UK and specialist management training provider Activate Business School have formed a partnership to develop and deliver a leadership and management apprenticeship programme

27 Apr 2018

Accountancy Firms

Leadership & Management

Image for revised governance code smaller quoted companies

| Revised governance code for smaller quoted companies

The Quoted Companies Alliance (QCA) has published its revised corporate governance code which is tailored for small and mid-size quoted companies in the UK and is designed to offer a practical, outcome-oriented approach to corporate governance

27 Apr 2018

Corporate Governance

Accountancy Firms

Image for gender pay gap reporting failures be investigated

Business | Gender pay gap reporting failures to be investigated

Companies who have failed to meet new gender pay gap reporting obligations could face investigations as early as June this year, MPs have been told by the head of the Equality and Human Rights Commission (EHRC)

27 Apr 2018

Accountancy Firms

Image for ethnicity pay gap reporting regulation next

Business | Is ethnicity pay gap reporting regulation next?

Now that the gender pay gap reporting deadline has been and gone, people are calling for the same rules to be applied to ethnicity, says Suzanne Tanzer, reward manager at Croner, although this could prove to be more problematic

27 Apr 2018

Accountancy Firms

Image for third more businesses financial distress brexit triggered

Business | Third more businesses in financial distress since Brexit triggered

There has been a 33% hike in UK businesses reporting ‘significant’ financial distress since Article 50 was triggered a little over a year ago, with increased levels of financial distress being seen across all sectors and regions of the UK, according to research by Begbies Traynor

26 Apr 2018

Accountancy Firms

Image for one month go until gdpr comes force

Business | One month to go until GDPR comes into force

Today marks the start of the final month before the General Data Protection Regulation (GDPR) comes into force, with the Association on Accounting technicians (AAT) providing five tips on what businesses should do if they have not taken any action to date

25 Apr 2018

Accountancy Firms

AI & Technology

Image for 38 global business execs say corruption prevalent

Business | 38% of global business execs say corruption prevalent

Increased enforcement activity and the introduction of new corporate criminal liability laws have failed to dent the scale of bribery and corruption globally, which has shown no improvement since 2012, according to research by EY

25 Apr 2018

Accountancy Firms

B&ADTV

Croner Intelligence versus Generative AI

People with significant control

Croner Intelligence: a day in the life

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