A journalist asked me recently “What is the worst mistake accountants can make when they are trying to ‘close’ a prospective client?” says Mark Lee.
Data hosting provider Phoenix IT has warned that accounting irregularities over a
London Taxi manufacturer Manganese Bronze Holdings will restate its 2010 and 2011 financial results after IT and accounting errors came to light.
Clothing retailer SuperGroup, the owner of the Superdry brand, said “arithmetic errors” in its forecasting led to a £2.5m shortfall in its wholesale business.
I have a question regarding whether a client should resubmit or simply restate their accounts. Please bear with me as it’s a long narrative.
Over recent weeks, there have been a few threads in Any Answers asking for advice on correcting errors, e
Support services group Mouchel has gone into meltdown after an accounting error caused an £8.6m blow to its pr
Mike Fleming, a former tax inspector and partner at Straughans, said that HMRC's attempt to resolve late statements of account in July created an “unfair dual standard” for those who paid their
I am fairly new in practice and haven't yet had this situation but wonder how I should advise a client if and when it arises.