Financial and Accounting News

• October 6, 2021 Budgeting for Borrowers: How to Keep Loan Repayments Manageable Repaying loans is a fundamental responsibility for every borrower. However, financial challenges can sometimes make it difficult to meet this commitment. That's why effective loan management is essential to ensuring timely repayments.
• August 9, 2021 Charity Commission Announces Inquiry into Care4Calais The Charity Commission recently announced an inquiry into the finances of aid charity Care4Calais due to serious governance concerns.  The Commission has said that the extent of the scope of the inquiry may ...
• August 8, 2021 4 Ways to Use Technology to Achieve Financial Independence There’s a lot that goes into achieving financial independence. Aside from ensuring that you have a steady source of income, you should also make sure that you know how to expertly manage your money. Unfortunately, not e ...
• July 29, 2021 BDO Replaces KPMG as the New Auditor of Caledonia Investments Caledonia Investments plc has replaced the Big Four firm KPMG with audit and accountancy firm BDO as its new external auditor.  The investment company’s decision to appoint BDO as its new auditor comes after i ...
• July 28, 2021 HMRC provides Clarity on Penalty Regime for Deferred Value Added Tax HMRC has confirmed that the penalty regime related to non-payment of Value Added Tax (VAT) due to the deferred VAT scheme is now in place. The said VAT scheme was introduced at the beginning of the COVID-19 pandemic.  ...
• June 27, 2021 AI in Banking – How Artificial Intelligence is Used in Banks Source AI seems to be the driving force for change in many industries. The banking sector is one of them. In the battle to provide the best service, banks and financial institutions use AI to remain relevant. ...
• June 26, 2021 Rentokil Replaces KPMG with PwC as its Auditor Listed pest control company Rentokil has dropped the Big Four Firm KPMG as its auditors only after four years since the last audit tender. KPMG had been Rentokil’s auditor since 2009, and the audit firm was reappointed i ...
• May 24, 2021 IAASB Issues Revised Work Plan for the Remainder of 2021 The International Auditing and Assurance Standards Board (IAASB), after consultations with the Public Interest Oversight Board, has issued a revised plan for the remainder of the current year. The IAASB has ...
• May 20, 2021 How To Find the Best Candidates with a Financial Modelling Test Financial modeling is an important aspect of financial planning, making investment decisions, and raising capital. For a business, being able to accurately model and predict financial results is critical for long-term planning and success.
• April 6, 2021 BDO Replaces Deloitte as Auditors of Warehouse REIT Warehouse REIT, a specialist warehouse investor, has confirmed the appointment of BDO as its new auditor for the financial year ending March 31, 2022. The decision of appointing BDO as the company’s new external a ...