US technology giant Hewlett-Packard (HP) has indicated it intends to sue Deloitte over the accounting firm’s role in auditing Autonomy, the UK company it acquired three years ago and which was then subject to a substantial write-down following allegations of accounting irregularities

The Insolvency Service has published its first report on the operation of the Insolvency Practitioners’ Complaints Gateway, which was introduced last year as a single point of entry for complaints about insolvency practitioners

Relevant work experience is viewed as more important than accounting qualifications for entry-level jobs in the accountancy world reveals a survey of leading accountancy firms and finance directors, who regularly hire first jobbers

Deloitte has been called in to oversee the restructuring of upscale nursery retailer, Mamas & Papas (Retail) Ltd, as part of cost-cutting measures at the Huddersfield based operation

Andrew Tate, Reeves restructuring partner, has been elected to take the reins as president of R3, the trade association for insolvency practitioners, in 2016. Tate has recently been elected as R3 deputy vice president and will become vice president in 2015. He has been a member of R3 for many years, and currently chairs the smaller practices group

This week sees the launch of a government campaign to promote apprenticeships as an alternative route into work, alongside the announcement of new standards for apprentices in the accountancy profession which have the backing of a broad range of firms and the professional institutes

Nearly half of small businesses in the UK are affected by late payments, with 15% struggling to maintain their day-to-day operations and continue trading due to unpaid invoices.

Sage, the business software and services provider, is launching a new version of Sage 50 Accounts with a cloud application and a new pricing model

Birmingham Local TV Ltd (BLTV), the local TV franchise for Birmingham, has gone into administration before broadcasting its first programme which was due to hit the Freeview channels this autumn

LLPs set up professional alliance, Carmichael Johnson invests £700k in Scottish offices and Gateley LLP reviews recent employment contract cases

The government is to consult on proposals designed to prevent utility companies and other key suppliers from enforcing ‘termination clauses’ against insolvent companies in a bid to support efforts to rescue troubled businesses.