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Showing 1-10 of 24 results
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Should ICAEW benefit from audit failure millions?
... week concerning its audits of Carillion plc before that company failed in early 2018. Let’s leave aside all the rights and wrongs of the accounts of that company at that time. Let’s leave aside as well the fact ... distributable reserves contributed to the failure of that company. Instead, let’s note that the net benefit of this ...
20th May 2022 | Columnist post -
Audit reform limps into the final stretch
... tolerate collective under-performance of the UK's listed company auditors for a decade or more. Even then, one could ...
17th May 2022 | Columnist post -
Due diligence omission
... of assessments raised by the Respondents against the company prior to the date on which it was purchased by the ...
13th May 2022 | Blog post -
Step up your back-office setup to get in front
... recorded, and reported informs change across the entire company, and the route to net zero depends on accountable ...
4th May 2022 | Columnist post -
Working from home: Who benefits most?
... and, to the extent that they still exist, the cost of company cars. Looked at from the other end of the ...
5th May 2022 | Columnist post -
The rise of DIY accounting software
... DIY activities like never before. Screwfix and B&Q parent company Kingfisher scored a 158% increase in web sales over ...
21st Apr 2022 | Columnist post -
Audit reform: Too little, too late
... and their partners, employees, suppliers and customers; company directors, particularly audit committee members, with ... the accounts are true and fair. Then when the hollowed-out company fails (which is exactly what happened in the case of ...
14th Apr 2022 | Columnist post -
Diversification? Then do your Due Diligence!
... alleged, the transactions were related to VAT fraud. The company submitted two separate appeals to the Tax Tribunal. ... since it had no prospect of success. The FTT allowed the company’s appeal. HMRC appealed this to the Upper Tier. The ... takes some re-reading at some points! Of course, had the company undertaken more comprehensive ‘due diligence’ ...
8th Apr 2022 | Blog post