COA Solutions

The high-profile departure of Alchemy Partners chief Jon Moulton this weekend reverberated through to business software house COA Solutions, where he was a non-executive director.

1

Accountants are partly to blame for the current economic crisis because of the "irresponsibility" of their reporting, according to Alchemy Partners chief Jon Moulton.

1

Mid-market accounting software house CedAr took another step on its march of consolidation through the industry with the acquisition of Daventry-based OpenAccounts.

Mid-market business software combine CedarOpenAccounts reported an 18% increase in turnover to £38.9m and a 14% boost in earnings to £8.4m for the year to 31 March.