Publication: Accountancy Age

First reported May 17 2013 - Updated May 17 2013 - 1 reports

Analysis: Has RDR killed the multi-disciplinary practice?

IN THE LAST WEEK two practices have sold sizeable chunks of their business to a financial services specialist.Foot Davson and Price Bailey took the decision that the offerings to their several-thousand clients were better served in the hands of BellPenny, ... [Published Accountancy Age - May 17 2013]

Entities: ICAEW Institute of Chartered Accountants in Eng..., Mazars, Grant Thornton International

First reported May 17 2013 - Updated May 17 2013 - 1 reports

Johnston Press plc

Ex-Time Out chief exec joins Johnston Press as CFO

DAVID KING has been appointed as chief financial officer of Johnston Press as the newspaper publisher reported its first increase in operating profit for almost seven years.The former Time Out Group chief executive will succeed Grant Murray at the media ... [Published Accountancy Age - May 17 2013]

Entities: Johnston Press plc, David King, Grant Murray, Ashley Highfield, Coopers & Lybrand

First reported May 17 2013 - Updated May 17 2013 - 1 reports

Administrator puts Coventry City assets up for sale despite uncertainty

THE ASSETS of Coventry City Football Club Ltd (CCFC) have been put up for sale by administrators - despite a conflict over what assets it holds.Sisu, a hedge fund based in Mayfair, currently owns the club. The club had been split in two. The first entity ... [Published Accountancy Age - May 17 2013]

Entities: City Holding Company, David Rubin, Coventry

First reported May 16 2013 - Updated May 17 2013 - 1 reports

Financial Accounting Standards Board

IASB and FASB propose dual approach to lease accounting

ACCOUNTING RULEMAKERS have put forward plans to overhaul lease accounting that will require companies to account for all but the shortest leases on their balance sheet.The IASB and its US equivalent, the FASB, today published proposals that will result ... [Published Accountancy Age - May 16 2013]

Entities: International Accounting Standards Board, Financial Accounting Standards Board, Hans Hoogervorst

First reported May 16 2013 - Updated May 16 2013 - 1 reports

Goldman Sachs Group Inc

Court strikes down HMRC/Goldman Sachs ‘sweetheart’ deal challenge

THE HIGH COURT has dismissed claims by activism group UK Uncut that HM Revenue & Customs entered into a sweetheart' deal with investment bank Goldman Sachs, costing the public purse 20m. Then-chief executive of HMRC Dave Hartnett agreed in 2010 to waive ... [Published Accountancy Age - May 16 2013]

Entities: HM Revenue & Customs, Goldman Sachs Group Inc, Taxes, Anna Walker, Jim Harra

First reported May 16 2013 - Updated May 16 2013 - 1 reports

The Buckle Inc

Watson Buckle takes on cancer charity audit

BRADFORD-BASED Watson Buckle has been appointed as the new auditors for Cancer Support Bradford & Airedale. The charity was set up in 1988 as a cancer support centre, and now helps 3,500 people a year. Based near the Bradford Royal Infirmary, it provides ... [Published Accountancy Age - May 16 2013]

Entities: The Buckle Inc, Cancer, Linda Howard, Appointed

First reported May 16 2013 - Updated May 16 2013 - 1 reports

Centrica plc

Jockey Club recruits FD from Centrica

EX-CENTRICA divisional finance director Nevin Truesdale has taken a group finance director role at the largest commercial British horseracing company The Jockey Club.Truesdale (pictured) joins from FTSE 100 business Centrica where he was finance director ... [Published Accountancy Age - May 16 2013]

Entities: Centrica plc, Jockey Club, British Gas

First reported May 15 2013 - Updated May 16 2013 - 1 reports

Naming tax avoidance scheme promoters risky, warn tax heads

NAMING AND SHAMING PROMOTERS of tax avoidance schemes may not have the desired deterrent effect institute tax heads have warned the House of Lords Economic Affairs Committee.Instead of discouraging boutiques from marketing schemes - and clients approaching ... [Published Accountancy Age - May 15 2013]

Entities: Tax Avoidance, Taxes, ICAEW Institute of Chartered Accountants in Eng..., John Bartlett

First reported May 16 2013 - Updated May 16 2013 - 1 reports

Amazon back in firing line over £2.4m 2012 tax bill

ONLINE RETAILER AMAZON could again face criticism over its UK tax bill after its accounts showed it paid just 2.4m in corporation tax last year.The details came as it was also revealed that it received 2.5m in government grants. The company made 4.2bn ... [Published Accountancy Age - May 16 2013]

Entities: United Kingdom, Taxes, Google Inc, European Union

First reported May 15 2013 - Updated May 15 2013 - 1 reports

New CIoT president Coleclough criticises government over EU

THE UK MUST MOVE AWAY from its "slapdash approach" to Europe, the new president of the CIoT said in his inaugural speech.A "more serious, grown-up approach from government to complying with EU tax law", Stephen Coleclough said, adding that "too often ... [Published Accountancy Age - May 15 2013]

Entities: Taxes, European Union, HM Revenue & Customs, LexisNexis UK, United Kingdom

First reported May 15 2013 - Updated May 15 2013 - 1 reports

Ex-Travis Perkins FD joins Pendragon as audit committee chair

THE LONG-STANDING FINANCE DIRECTOR of Travis Perkins is to join Pendragon as an independent non-executive director and chair of the company's audit committee.Paul Hampden Smith, who retired from the builders' merchant in February after 17 years as finance ... [Published Accountancy Age - May 15 2013]

Entities: Pendragon plc, Travis Perkins plc, KPMG

First reported May 15 2013 - Updated May 15 2013 - 1 reports

Lower corporate tax rates attract foreign investment

LOWER CORPORATE TAX rates increases the amount of foreign investment into a country, a report by fDi Magazine, from the Financial Times, has found.Although a country's GDP is the biggest determining factor in attracting inward investment, the sample of ... [Published Accountancy Age - May 15 2013]

Entities: Taxes, Chile, Tax Avoidance, Growth Rates, United Kingdom

Quotes

The ongoing relationship between the firms and Bellpenny keeps the IFA business "honest", he explains. "As Foot Davson and Price Bailey still [have business relationships] with those clients, and will refer new clients to us - we're committed to client service."

Analysis: Has RDR killed the multi-disciplinary practice? [Published Accountancy Age - May 17 2013]

"We may have to go back to court at some stage if we can't get to the bottom of it."

Administrator puts Coventry City assets up for sale despite uncertainty [Published Accountancy Age - May 17 2013]

"While the economic environment continued to be challenging, the implementation of our strategy progressed further with the successful completion of the relaunch of the vast majority of our titles, together with the further development of our digital business and the rollout of new hardware and software to all sales staff and journalists."

Ex-Time Out chief exec joins Johnston Press as CFO [Published Accountancy Age - May 17 2013]

"This case has exposed the lengths the government will go to look tough on tax avoidance and has been vital in holding the government to account for its shameful actions."

Court strikes down HMRC/Goldman Sachs ‘sweetheart’ deal challenge [Published Accountancy Age - May 16 2013]

More Content

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Analysis: Has RDR killed the multi-disciplinary... [Published Accountancy Age - May 17 2013]
Administrator puts Coventry City assets up for ... [Published Accountancy Age - May 17 2013]
Ex-Time Out chief exec joins Johnston Press as CFO [Published Accountancy Age - May 17 2013]
Court strikes down HMRC/Goldman Sachs ‘sweethea... [Published Accountancy Age - May 16 2013]
IASB and FASB propose dual approach to lease ac... [Published Accountancy Age - May 16 2013]
Watson Buckle takes on cancer charity audit [Published Accountancy Age - May 16 2013]
Jockey Club recruits FD from Centrica [Published Accountancy Age - May 16 2013]
Amazon back in firing line over £2.4m 2012 tax ... [Published Accountancy Age - May 16 2013]
Naming tax avoidance scheme promoters risky, wa... [Published Accountancy Age - May 15 2013]
New CIoT president Coleclough criticises govern... [Published Accountancy Age - May 15 2013]
Ex-Travis Perkins FD joins Pendragon as audit c... [Published Accountancy Age - May 15 2013]
Lower corporate tax rates attract foreign inves... [Published Accountancy Age - May 15 2013]
Lehman administrators in Supreme Court over pen... [Published Accountancy Age - May 15 2013]
R3 president asks if Insolvency Service can go ... [Published Accountancy Age - May 15 2013]
Obama condemns tax authority’s targeting of con... [Published Accountancy Age - May 15 2013]
HMRC press officer charged under Operation Elveden [Published Accountancy Age - May 15 2013]
Osborne calls on EU ministers to sign informati... [Published Accountancy Age - May 15 2013]
Material uncertainties over FRC going concern g... [Published Accountancy Age - May 14 2013]
ICAEW posts loss as disciplinary funding bites [Published Accountancy Age - May 14 2013]
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