Latest Industry News
Latest news from Accountancy Age - UK finance news and jobs for accounting and finance professionals.
Baker Tilly warns of more transparency in M&A deals
AccountancyAge.com, Accountancy Age, Friday 21 November 2008 at 04:50:00
City law firms are warned they face greater scrutiny on bills because of new accounting staqndards
Baker Tilly has has warned city law firms they face greater scrutiny on bills because new accounting rules will mean merger and acquisition fees will hit clients’ bottom line directly....
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Cost restraints hamper temporary Olympic sports venue
AccountancyAge.com, Accountancy Age, Friday 21 November 2008 at 04:56:00
Cost restrictions forces Olympics organisers to consider cancelling a temporary sports venue in Greenwich
London's 2012 Olympics organisers will consider cancelling the building of temporary sports venue in Greenwich after a meeting with KPMG....
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Private equity firms shun Walker guidlines
AccountancyAge.com, Accountancy Age, Friday 21 November 2008 at 05:00:00
A majority of UK's private equity industry have failed to sign up to the Walker guidelines for more transparency
The UK private equity industry is under mounting pressure to become more transparent when publishing details of buyouts as a vast majority of companies have yet to sign up to...
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Citigroup weighing up sale of all or part of group
AccountancyAge.com, Accountancy Age, Friday 21 November 2008 at 05:14:00
Citigroup executives are pondering the sale of all or part of the company following losses of 50% of its market value
Citigroup executives are understood to be weighing up the sale of all or part of its operations, including the Smith Barney brokerage, the credit card unit and the tranaction services...
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SEC continues fair value investigation
Gavin Hinks, Accountancy Age, Friday 21 November 2008 at 08:30:00
Second roundtable in Washington today examining the future of fair value accounting in the credit crisis
A second testing roundtable on the future of fair value accounting will take place today in Washington as the US financial watchdog, the Securities and Exchange Commission, investigates what it...
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US tax man accused of falsifying his own tax return
Kevin Reed, Accountancy Age, Friday 21 November 2008 at 10:32:00
US tax man allegedly gave a false valuation on a property sale to lower his tax bill
A US tax official has been arrested at Los Angeles International Airport for tax fraud and obstructing an investigation into a tax return....
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PCAOB faces Supreme Court challenge
AccountancyAge.com, Accountancy Age, Friday 21 November 2008 at 11:44:00
PCAOB wins court case, but faces new challenge to its constitutional legitimacy
The US Public Company Accounting Oversight Board is facing a new constitutional challenge before the Supreme Court. The PCAOB has already won similar battles in lower courts in the US,...
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Madonna & Guy Ritchie divorce to buck payout trend
Rachael Singh, Accountancy Age, Friday 21 November 2008 at 11:45:00
Madonna's fortune remains untouched by Ritchie as both shy away from financial demands
The High Court has granted Madonna Ciccone and Guy Ritchie a divorce after eight years of marriage. Although initial press reports speculated that Guy Ritchie could receive millions in a...
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SMEs warned over unified communications costs
Daniel Robinson, Accountancy Age, Friday 21 November 2008 at 12:42:00
Smaller businesses need to look closely at return on investment
While enterprises may benefit from Microsoft's unified communications software, smaller businesses are unlikely to see a return on their investment, according to new research released today....
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IRIS launches staff management system
AccountancyAge.com, Accountancy Age, Friday 21 November 2008 at 12:42:00
Programme will allow practices to plan their staff's time effectively
IRIS has launched a staff planning system allowing practices to maximize their resources. It gives better visibility of the entire work load and calculates the staff hours required to complete...
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