Professional development news roundup includes RSM International networks RSM and Baker Tilly report fee rise, failure to act constitutes gross misconduct and partnerships eyeing employee trusts
This month's exclusive CCH Daily CPD modules focuses on audit exemptions such as size-based, dormant company and subsidiary, under the Companies Act 2006 as well as practical issues to consider when evaluating whether to opt for audit exemption
Sir Philip Green has pledged to pay up to £363m into the BHS pension pot, having promised to ‘sort’ the retailer’s shortfall in a parliamentary inquiry last year
EU citizens could access registers of beneficial owners of companies without having to demonstrate a ‘legitimate interest’, and trusts would have to meet the same transparency requirements as firms, under amendments, agreed by MEPs to the EU Anti-Money Laundering Directive (AMLD)
The UK economy could benefit from a £24bn-a-year boost if black and minority ethnic (BME) people progressed in work at the same rate as their white counterparts, according to a government-backed review which is calling for large employers to provide diversity information breakdowns
The Brexit vote and the uncertainty surrounding the UK’s future relationship have not dented the UK’s attractiveness to investors, with the UK moving up the rankings to third place in a PwC poll of the most important country for growth prospects
The corporate finance arm of accountants Wilkins Kennedy is to set up a new unit in Maidstone, as part of a move to create a hub providing a range of specialist services to businesses throughout Kent
Only two of the Big Four have made it into the Sunday Times’ 2017 lists of the best companies to work for in the UK, with a number of smaller accounting firms trumping the giants
As the tax burden grows, government austerity plans are unlikely to ease. Thomas Pope, research economist at the Institute for Fiscal Studies (IFS) considers the pressures on the public purse, looking at the areas worst hit by the continuing budget cuts
Central banks and financial institutions must carefully consider the potential savings and efficiencies of using Blockchain and other distributed ledger technology along with its risks in payments, clearing and settlement, warns global payments regulator, Bank for International Settlements
The Financial Reporting Council (FRC) is to investigate PwC’s conduct in relation to the audit of Redcentric, the AIM-listed IT managed services provider which revealed it had uncovered ‘misstated accounting balances’ when it reported its interim results for the six months ended 30 September 2016
There are only five weeks left until the new 12-sided pound enters circulation on 28 March, with the old rounded coins having to be returned before 15 October 2017
Opportunities for women in the workplace have rapidly improved in the UK since 2000, but it will take until 2041 for the gender pay gap to close, according to research from PwC
Two thirds (66%) of accountants are bored at work with the accounting profession ranking fifth out of a roundup of the most boring jobs, according to Emolument, a salary benchmarking site
Eight months have passed since Brexit was announced, yet with all the uncertainty still prevailing, how is this affecting the job market for accountants? Simon Wright, operations director at CareersinAudit.com gives his view on whether accountants should stay in the UK or set their sights on new accountancy hotspots elsewhere
Two thirds of FTSE 100 and FTSE 250 UK manufacturing executives have no plans to move following the referendum vote to leave the EU, while nearly half are not worried about any potential Brexit uncertainty, according to a survey by KPMG