Other News

• August 15, 2017 BDO Annual Football Finance Directors survey 2017 According to BDO’s survey, 86% of the football clubs believe their financial position to be ‘very healthy’ or at least ‘not bad’, with only few of the finance directors of football clubs suggesting that the finances ...
• August 14, 2017 IFAC Publishes Guidance on Accountancy Regulation The International Federation of Accountants (IFAC) has announced to provide support to countries with regards to developing an effective Professional Accountancy Organisation (PAO), to reflect all the changes made in the ...
• August 7, 2017 PCAOB sanctions Crowe Horwath’s Hong Kong Firm The Public Company Accounting Oversight Board (PCAOB) recently announced that registration of the Crowe Horwath’s Hong Kong firm has been revoked in a settled disciplinary order after the firm refused to cooperate with ...
• August 2, 2017 FCA Pushes the Banking Sector to Improve Bank Current Account Services The Financial Conduct Authority (FCA) is consulting on proposals launched in relation to assisting bank customers in making adequate comparisons of the service levels available for business current accounts and personal ...
• August 1, 2017 British Telecom to pay £225m in order to Avoid Court Proceedings over Italian Accounting Scandal Bristish Telecom has recently revealed in a statement that due to accounting scandal that was discovered at the Italian division forced the company to pay a total sum of £225m as settlement against warranty claims with ...
• July 31, 2017 Deloitte Faces Revolt from Shareholders of Mitie The UK based outsourcer Mitie has revealed that it faced significant opposition from the shareholders in relation to the reappointment of Deloitte as auditor at the company’s annual general meeting (AGM), and as a ...
• July 28, 2017 ACCA Announces Research Initiative in relation to Belt and Road Project ACCA (the Association of Chartered Certified Accountants) has recently made an announcement regarding conducting a new research with regards to the impact of China’s Belt & Road initiative. The research project ...
• July 17, 2017 Fujifilm Discovers Accounting Irregularities in its Australian Subsidiary Japanese company Fujifilm holdings corp. has said that a third party investigating panel has found irregularities in accounting practices in its Australian unit in addition to the ones that have already been discovered ...
• July 11, 2017 Four Former Barclays Directors appear in Court over Fraud Charges Four ex-Barclays directors, including former chief executive John Varley, have recently appeared in front of court in a fraud case relating to the actions they took as directors of Barclays during the 2008 financial ...
• June 1, 2017 CVR GLOBAL Looks Set to Strengthen its Market Presence in the UK by Merging with DDJ Insolvency CVR Global, an Insolvency and restructuring firm, recently made an announcement of its merger with DDJ Insolvency, which is a London based Insolvency firm. Apart from its merger with DDJ Insolvency, CVR Global has ...