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9am Lowdown
AccountingWEB

9am Lowdown: Tesco, Baldwins and Neymar

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4th Aug 2017
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Happy Friday everyone, and welcome to today’s 9am Lowdown.

In the news

Tesco’s former finance director has denied fraud charges in relation to a £326m accounting scandal at the supermarket chain. (BBC)

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A first-tier tribunal has ruled that HMRC’s policy on VAT and student accommodation is wrong. (Out-Law.com)

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Baldwins Accountancy Group has continued its acquisitive streak by snapping up Durham counterpart Pullan Barnes. (Insider)

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A Ukrainian law firm plans to launch a class-action lawsuit against the accounting software firm whose update mechanism was exploited to spread the NotPetya malware in June. (the Inquirer)

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Experts have called into question the business sense of Paris St Germain’s world-record move for Brazilian football star Neymar. (Reuters)

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New on AccountingWEB

John Stokdyk gets to grips with the ICAEW IT faculty’s recent report on how artificial intelligence will shape the profession’s future.

Rogue bosses beware! This week has seen the appointment of a labour market tsar and the supreme court has effectively scrapped employment tribunal fees.

On the blogs Les Howard considers the Summit Electrical Installations Ltd FTT case.

And making his debut on the site, Steven Briginshaw takes a look at how firms should adapt to enhance their offerings to millennial staff.

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