Leadership & management

Insight / KPMG's incoming chief Bill Michael plans to shake up leadership team

Bill Michael, who takes over from Simon Collins as KPMG’s chair from 1 October has shaken up the firm’s top team, bringing seven new members on to the executive committee, with tax, consulting and technology represented for the first time

Insight / Half of accountants expect promotion within two years

Accountants are becoming increasingly ambitious and are craving quicker career progression routes as well as wanting more recognition for their work, with over two thirds aspiring to reach senior positions such as CEO and CFO, according to Hays’ What Workers Want report 

Insight / Self-employed waste 19 million hours on finances

Sole traders and micro businesses are spending 19 million hours every month, equivalent to 2.5 million working days, managing their finances resulting in 50% lacking in confidence and a third stressing over the task, according to research from KashFlow

Insight / Buying and selling companies: due diligence checklist

When buying or selling a company it is essential to follow a structured due diligence process from reviewing fundamental financial performance to the current management of the business. Clive Hyman, MD of Hyman Capital Services offers tips and advice on the key issues to consider in a step-by-step guide 

Tax / Accountex 2017: exhibitor highlights and what's new

On 10-11 May, Accountex – the UK’s biggest accountancy exhibition returns to London ExCeL. Here’s a first look at what’s new from some of the exhibitors for 2017, to help you plan for your visit and focus on the major software innovations for accountants and tax advisers:

Insight / BHP merger strengthens cloud accounting team

Top 40 accounting firm, Barber, Harrison and Platt (BHP) has merged with York-based Atkinsons Consulting Limited, adding eight staff to the practice and boosting its cloud accounting support company

Insight / Managing millennials: talent retention

Millennials do not tend to stay in the same job for longer than two years before searching for new opportunities, Phil Chambers CEO and co-founder at Peakon, considers what accountany firms need to do to manage and hold on to their millennials

Insight / Underwood: equity and profit share issues when selling accounting practice

Keith Underwood, managing director of Foulger Underwood considers the problem of diverging partner aspirations when merger multi-partner accounting practices and offers tips and advice on issues to consider when partners decide to sell out

Insight / Ex-HMRC chief Lin Homer appointed to ICAS Council

Dame Lin Homer, who left her position as head of HMRC a year ago, is to join the ICAS council as a public interest member for a four-year term, the Scottish institute has announced

Insight / Dealing with high staff turnover at accounting firms

Many accounting firms, including the Big Four, are unaware of the full extent of the costs incurred when hiring a new employee. Dan Rogers, co-founder at Peakon, outlines the costs and impact of replacing staff and the implications of staff retention

Audit / BEIS calls on FRC to amend corporate governance code

A change of focus and stronger powers for the Financial Reporting Council (FRC), including a traffic-light rating system for company performance, and an end to long-term incentive pay packages, are among the key recommendations in the newly published report on corporate governance from the Business, Energy and Industrial Strategy (BEIS) Committee inquiry

Insight / ICAEW rebrands with soft launch of refreshed logo

ICAEW has rebranded with an overhaul of the website and the launch of a new logo, featuring the Economia woman from mythology - the Greek god of money - with a dagger and pair of pincers, arguably in a slightly more modern style than the current logo

Insight / Economic trends: testing the mettle

Despite being surprisingly resilient to Brexit concerns in the run up to 2019, Chris Williamson, chief economist at Markit, forecasts a period of turbulence for the economy as the UK heads towards unchartered waters

Insight / Adopting flexible working: useful tips

How can employers stuck in nine to five thinking free themselves up for flexible working? Jude Tavanyar, leadership consultant, explores the key issues for any organisation looking to move towards a flexible working approach

Insight / FTSE 100 CEOs earn 386 times national living wage

FTSE CEOs earn 386 times the pay of a worker earning the national living wage (NLW), according to research by the Equality Trust, which is calling for support from the public to put pressure on the government to introduce mandatory pay gap reporting