Other News

• July 26, 2019 Companies House Updates the Penalty Appeal Proceess for Late Filing Companies House has made changes to the process related with assessing penalty appeals from businesses for late filling of financial records. These changes will come into effect from October 1, 2019. The ...
• June 27, 2019 Internet Security: How to Prevent Attacks on the Network Nowadays, the Internet is much more than just chatting with friends, spending time on social networks, playing games or making online purchases. This is an open information system, and if it seems that you have nothing ...
• May 24, 2019 Big Four Firms Dominate the List of Cyber Security Recruiters The big four firm KPMG is the UK's biggest cyber recruiter, with other big four firms PwC, EY and Deloitte close behind, according to the data released by the well-known job site, Indeed. The released data by indeed ...
• May 21, 2019 Accountancy bodies Working Together Against Businesses Involved in Money Laundering Regulatory bodies, including ICAEW, ACCA and HMRC, have identified a number of businesses with potential failings with regards to compliance with record keeping, customer checks and identifying and analyzing risk. This is ...
• May 18, 2019 Xero Reports Revenue Growth of 36% in the FY 2019 Cloud based accounting software company Xero reported an increase of 36% in its operating revenue to NZ$552.8m for the financial year ended March 31, 2019. Xero’s customer base in the UK increased by 48% to 463,000 ...
• May 15, 2019 FASB Provides Financial Institutions with Fair Value Option to Ease through the CECL Transition The Financial Accounting Standards Board (FASB) is providing some respite to banks as well as other institutions which deal in financial instruments with regards to implementing the standard related with credit ...
• May 8, 2019 Kraft Heinz Reveals $181m in Accounting ‘Misstatements’ Food giant Kraft Heinz has revealed that it discovered certain misstatements in its financial statements after an internal review was conducted by the company. As a result of these findings the company will now have to ...
• May 3, 2019 KPMG Hit with a £6m over Audit of Lloyds Syndicate Financial Reporting Council (FRC) has fined KPMG £6m following the conclusion of an investigation which was carried by the UK regulator into the big four firm’s audit of Lloyds syndicate (Equity Red ...
• May 2, 2019 Property Dealer Banned over £5.6m Accounting Failure A property developer who received millions of council cash to redevelop the sixfields stadium home to Northampton town football club, has now been banned from running any kind of company for 10 years, after an investigation ...
• May 1, 2019 ETL UK Snaps up SRLV Business Advisory and Accountancy Firm The UK wing of ETL Global has acquired part of business advisory and accountancy firm with the name of SRLV for an undisclosed amount. The said transaction marks another acquisition made by the UK wing of the aforementioned ...