Accounting & Business
New government - same transport destination: Accounting & Business
When Philip Hammond took over as transport secretary in May last year, he immediately stressed that the coalition Government was making a fresh start, with a new set of transport policies and priorities. “We will end the war on motorists,” trumpeted Hammond.
Yet the reality is that transport experts struggle to spot any change in [...]
The view from: Ady Pearson: Accounting & Business
The view from the Ministry of Defence: Ady Pearson, Assistant Head, Directorate of Financial Management, Information Systems Current Capability
How will public sector funding cuts affect your work?
All the public sector will feel the impact of cuts. My role is to ensure that my teams provide the level of service expected and agreed with [...]
The view from: Roger Frimpong: Accounting & Business
The view from: the voluntary sector
Roger Frimpong FCCA, Head of Finance, Samaritans
How has the recession affected donations?
Our donations are up 11% in the last year. The economic downturn has meant an increase in demand for our services. With less than 2% government funding, perhaps our donors and the general public recognise the importance [...]
The view from: Colin Talbot: Accounting & Business
The view from: Colin Talbot, Professor of Public Policy and Management, Manchester Business School.
Are you confident in the Government’s approach to public sector management reform, as outlined in the Open Public Services white paper?
Not at all, on several levels. First, the process of policy-making has been too rushed. Second, implementation plans are if anything even [...]
Explaining tuition fees: Accounting & Business
Tuition fees will rise substantially from the 2012/13 academic year. While English universities will be permitted to charge up to £9,000 a year in tuition fees, the Government had expected most institutions to levy fees much below that. Those hopes have been dashed and the average fee will be almost £8,800.
What the Government [...]
Accountancy news - June 2011: Accounting & Business
UK News
HMRC taking hard line on ‘time to pay’ [lead with photo]
Companies that reached ‘time to pay’ agreements with HMRC face tough enforcement action, says Baker Tilly. “Taxpayers who have agreed arrangements with HMRC for paying tax are receiving letters threatening the confiscation of their assets,” warns the firm. “HMRC are not only flouting [...]
Accountancy news - October 2011: Accounting & Business
A&B – October 2011
UK News
[lead] integrated reporting
A more integrated reporting model is required that brings together financial, social and environmental reporting, along with the economic context within which an organization operates. The reform call is made by the International Integrated Reporting Committee – which is backed by IFAC and ACCA – [...]
Accountancy news - August 2011: Accounting & Business
AB – Sept 2011
UK news
China accounts warning
Weak accounting and corporate governance practices in China are opening international investors to higher risks than in other emerging markets, Moody’s has warned. Recent credit events in the non-financial sectors in China have seriously destabilised investor appetite for bonds and stocks in the country, says Moody’s. [...]
Accountancy news - August 2011: Accounting & Business
News – UK
Companies optimistic on pension inflation [lead]
FTSE350 companies use widely differing inflation assumptions in their pensions accounting, with 65% assuming inflation will be less than that implied by the financial markets, according to pension consultants Hymans Robertson in its annual FTSE 350 Accounting Assumptions Survey. The average variation from market assumptions is [...]
Accountancy news - May 2011: Accounting & Business
AB news – May 2011
UK News
FRRP ends RTZ enquiry [lead with photo]
Rio Tinto has increased its sustainable development disclosures in its reports and accounts, concluding a review conducted by the Financial Reporting Review Panel. The review was initiated after a complaint was submitted to the Panel regarding Rio Tinto’s 2008 accounts. Under [...]
