The liquidation of Carillion highlights issues with the Corporate Governance Code, financial reporting and the effectiveness of the audit process, with the construction and services giant outsourcing its internal audit, warns Sara White, editor of Accountancy

The Charities Aid Foundation (CAF) is calling on the government to consider reinstating mandatory reporting on companies’ charitable contribution, as part of the move to encourage wider social responsibility in business, after research showed that total donations from FTSE 100 companies fell more than a quarter between 2013 and 2016

A new watchdog, the Office for Professional Body Anti-Money Laundering Supervision (OPBAS), which has oversight of the 22 anti-money laundering (AML) supervisors in accountancy and law, officially begins work this month as part of the government’s commitment to reforming the AML supervisory regime

With the Treasury warning about accountants’ vulnerability to money laundering, Aziz Rahman, senior partner at serious fraud specialists Rahman Ravelli examines what accountants can do to protect themselves

The number of UK CEOs expecting the global economy to improve over the coming year has more than doubled, according to a PwC survey published at the World Economic Forum in Davos

Manchester United has held on to the top spot as the highest revenue-generating club in the world for the tenth time, with a revenue of €676m (£581m), while the 20 highest earning football clubs generated a record €7.9bn (£6.8bn) of revenue in 2016/17, an increase of 6% on the previous year, according to research from Deloitte

The new financial sanctions reporting obligations have implications for accountants and tax advisers. Anna Bradshaw, partner at law firm Peters & Peters LLP, considers the impact of the new rules and how to ensure clients do not breach the requirements

The Financial Conduct Authority (FCA) is consulting on plans to give over 150,000 small businesses access to the Financial Ombudsman Service to solve disputes with a financial services firm, in a bid to improve the protections available to SMEs

As the winter beds crisis in the NHS hits the headlines, the NAO is warning that additional funding, aimed to help the NHS get on a financially sustainable footing, has instead been spent on coping with existing pressures

Christopher Purkiss, insolvency practitioner and Michaela Hall, partner, of Kingston Smith’s corporate recovery and insolvency arm have been appointed trustees to the bankruptcy estate of former Newcastle United and Everton footballer Steve Watson

Prime Minister Theresa May has indicated the government plans to introduce sanctions for top executives who fail to protect employee pension schemes, as part of her renewed commitment to creating fairer pay practices

MPs have asked HMRC to investigate Ryanair and the agencies it uses to supply cabin crew, to ensure that they are paying at least the national minimum wage/national living wage (NMW/NLW) to all their staff, after the airline failed to supply answers about its payment practices to two select committees