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Latest News & Blogs

A selection of the latest accounting news and blog posts.

AI in Finance: The Predictions By Richard Sampson, SVP EMEA, insightsoftware.

The rise of the challenger Why are accounting firms like Nyman Libson Paul increasingly turning to “challengers” like OakNorth Bank to help clients find funding solutions?

Sir Ben Ainslie's America's Cup challenge backed by SW accountancy firm A British sporting challenge involving the country's greatest sailors, including Olympic gold medallists Sir Ben Ainslie and Giles Scott, is being backed by a South West accountancy firm. PKF Francis Clark has been named as the Official Supplier of accountancy services to INEOS TEAM UK, the British team for the 36th America's Cup.

Green business tax incentives - Environemental responsibility - Menzies Did you know there are tax savings for planet savers? We explore how environmentally responsible business can access green tax reliefs.

Barclays teams up with accountancy funding platform and small business lender to offer instant quotes for SMEs says tie-up marks first time businesses can get instant decisions on funding from a mainstream bank. Barclays has teamed up with a funding platform for accountants and a small business lender to offer "instant funding quotes" for small and medium enterprises.

Accountancy firms lagging behind business on diversity Research by the Financial Reporting Council has shown that the audit and accountancy profession is lagging behind business for the diversity of senior management teams.

What might happen if a Brexit deal is agreed this week Towards the end of last week, Prime Minister Boris Johnson was confident that a deal was on. He was clear, all that was needed was for Parliament to sit on Saturday for the first time in 37 years, and he sounded confident that he had the cross-party backing he required.

Accountancy profession 'complicit in Thomas Cook failure' The chair of an influential parliamentary committee has launched a blistering attack on the accounting industry, accusing it of being complicit in the failure of Thomas Cook, Carillion and other firms and called for urgent reform of the sector.

Women make up 17% of partners at accountancy firms The audit watchdog has criticised the lack of diversity at accountancy firms, where the overwhelming majority of partner-level roles are "held by white men". Women make up only 17 per cent of partner-level roles, according to research by the Financial Reporting Council.

Stop spoon-feeding staff and address the problem Two new people have joined our team in the past few weeks and when I spotted that Tickers was having some trouble training his team up in his post "When it comes to staff, is the problem me?", I gave our induction process some thought to see how I might be able to help.

Is phone addiction bad for health and productivity? If any of us discovered that a member of staff or, even worse, one of our fellow partners had a problem with drugs, alcohol or gambling, I have little doubt that we would take precipitate action.

Develop your career plan: Step by step approach For more career development advice and support, or to develop a tailored career development plan with one-to-one support from a professional career coach, visit CABA's careers site CABA is the charity that supports the wellbeing of past and present ICAEW members, ACA students and their close families, around the world.

India - #CareerBytes: Telegram Channels for Chartered Accountancy exam preparation Chartered Accountancy is one of the most sought-after and toughest professional courses. The Institute ofChartered Accountantsof India provides the three-level CA program. CA is very challenging and cracking it isn't easy without the right preparation.

Hmrc R&d Tax Credit Statistics 2019 Anthony Lalsing - Head of innovation and R&D. The statistics in HMRC's Research and development tax credits statistics report are largely positive, increasing R&D claims demonstrating more innovative businesses than ever are making claims across a wide range of industry sectors.

HMRC's emails and calls could land you in hot water Vigilance in all spheres of life is paramount, from dealing with the bank to buying a concert ticket. It is no less a requirement in the performance of operational tasks when running a business - some of which will also minimise the chances of scrutiny from regulatory bodies such as HMRC.

Job Vacancy: Letterkenny Accountancy Practice seeks Qualified Accountant A Letterkenny accountancy practice is seeking a qualified accountant for an immediate start. Our rapidly Growing Practice has a fantastic opportunity for an energetic and pro-active professional to join an exciting and fast-growing Letterkenny based accountancy practice.

Accountancy firm names two new partners and four directors for team in Scotland Accounting and advisory firm Mazars has announced the appointment of two partners and four directors to its team in Scotland. Jennifer Allison and Neil Strong are promoted to become tax partners in Edinburgh and Glasgow respectively. Allison joined the firm in 2014, specialising in tax advice for entrepreneurs.

Accountancy firm acquires new Melton Mowbray offices Melton Mowbray based TC Group is expanding into new offices and has extended its service base to include financial services and legal services. Its Melton Mowbray office employs 10 staff and has a diverse client base, ranging from farms to software and engineering firms, recycling and international businesses.

Is VAT simplification still on the government agenda? A distant relative who lives on the south coast is a town councillor. He is also very straight-talking. When he learned that my two main business activities are consultancy and writing, he commented: "You should see our council offices.

DWF recruits from accountancy firms for new consulting venture Contact us on +44 20 7292 3716 - email: [email protected] If you are looking for our Jobs site, please click here. Limited. Registered in England and Wales with number 11491880. Registered office at Wells Point, 79 Wells Street, London W1T 3QN.

DWF Launches Regulatory Consulting Business With Two Accountancy Hires The listed firm is the latest to diversify its offering.

Opinion: FASB proposal jeopardizes health care entity financing A FASB proposal could render obsolete a valuable financing option for health care entities known as variable-rate debt obligations. Under current GAAP, VRDOs often are presented as noncurrent liabilities; under the FASB proposal they would be presented as current liabilities.

Tax: A little knowledge is dangerous Last week, Wendy Bradley highlighted the results of a survey by Deloitte, which suggested that the average person knows very little about tax. Her article explores the subject in good detail but a couple of points arise that could be of interest to those of us who practice this arcane and sometimes sinister art.

Toppled from the top - The risk of fraud Amongst the people arrested was Chris Marsh, Patisserie Valerie's former Chief Financial Officer. The SFO is yet to comment further on charge or actions it may take against those arrested.

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