Blog
NEWS & UPDATESThe five fundamental principles of ethical behaviour
A reminder of what they are before the new Code of Ethics becomes effective The nature of accountancy and the...
How do I account for a change in depreciation policy?
A question that I often get asked is: how are changes in depreciation policy accounted for? The follow up question...
The OECD ban on ‘bearer shares’ proves effective for tax transparency
A ten-year anniversary meeting of the Global Forum, celebrating the global impact of tax transparency, was held in...
Have you prepared your Business Risk Assessment?
A new requirement - to protect firms against the risk of money laundering - came into law last year, but many firms...
Money laundering exposed by undercover journalists
Journalists at the London Times are to be congratulated for today, 4 December 2019, exposing a web of alleged money...
EU proposes new anti-money laundering body in wake of scandals
In a recent Financial Times story, it was reported that the EU is proposing to set up a new anti-money laundering body...
The hard facts about Reverse Factoring – Part 3
As we pointed out in our last two blogs here and here, Carillion was less than transparent in its 2016 financial...
Reverse Factoring – Part 2: Watch the disclosures
Factoring in Ireland and the UK worth more than €400 billion. Last week we discussed how reverse factoring works. Now...
Do your clients use Reverse Factoring?
Some lessons for us all from the Carillion collapse. A very useful publication was issued recently by the little known...
Big questions about Going Concern
The UK audit regulator has revealed that among the key reasons for launching an investigation into the collapse of...
It’s time to catch up with the rules of FRS 102
The amendments to FRS 102 that were made and issued as part of the FRC Triennial Review almost two years ago, in...
The future of audit
In a rare speech, Sir Donald Brydon, chair of the Future of Audit in the UK, told a packed conference room that he is...
