Other News

• February 7, 2019 Victims of Investment Scams Lost Average of £29,000 Investment scam victims lost an average of more than £29,000 in the year 2018 as per data from Action Fraud.  Financial Conduct Authority (FCA) is calling for investors to increase supervision in the light of the ...
• November 20, 2018 Paul May Resigns as CEO of Café Chain Patisserie Valerie Patisserie Valerie has announced the appointment of Stephen Francis as its new CEO following resignation given by its former CEO Paul May. The resignation from Paul May comes only a few weeks after the shareholders ...
• November 16, 2018 South Korean Financial Regulator Accused Samsung BioLogics of Accounting Violations South Korea’s financial regulator has said that Samsung BioLogics has violated accounting rules with regards to the treatment it has adopted to account for its holdings in one of its subsidiary. The company in question ...
• November 12, 2018 ACCA Publishes Report on Emotional Intelligence Important for Accountants to Survive in the Modern Workplace According to a recent report released by the ACCA, emotional intelligence in addition to a well-rounded skillset are pretty important if the accountants are to survive and thrive in a field that is highly tech-driven ...
• October 22, 2018 SEC Urges Companies to Focus on Employing Better Accounting and Audit controls against Cyber Threats The US regulator Securities and Exchange Commission (SEC) has urged companies to take threats from the cyber world more seriously than they are doing right now when developing and implementing internal controls for the ...
• October 10, 2018 Uncertainty Surrounding Brexit Results in Drop of Confidence in the UK Economy As per the Global Economic Conditions Survey (GECS) released by IMA® (Institute of Management Accountants) and ACCA (the Association of Chartered Certified Accountants) revealed that confidence in the UK economy has ...
• October 10, 2018 Companies not in Support of the Idea of Workers on Boards According to a study by ICSA: The Governance Institute, most companies in the UK feel that the idea of having workers on the board is flawed and therefore those companies are not in any way planning to introduce the ...
• October 8, 2018 BDO Reports 8.5% Increase in Revenue BDO recently released its results as per which the audit and consultancy firm recorded an increase of 8.5% in its revenues and as a result the revenue of the firm increased to £464.1m from £427.8m when compared with the ...
• October 5, 2018 Company Bosses Jailed for Tax Fraud Two company bosses have been found guilty of stealing tax amounting to £360,000, following an investigation carried out by the HMRC.  Craig Williamson from West Yorkshire and Mark Creswell from Lincoln, both ...
• September 22, 2018 Treasury Launches Investigation into Barriers Restricting Women in Business The Treasury has recently launched a review into the barriers restricting women from actively taking part in business. The result of the research suggests that the women compared to men are less likely to be involved in ...