Practice Development

Insight / Barratt’s CFO leaves role after 14 months

The Board of Barratt Developments plc has announced that chief financial officer (CFO), Neil Cooper, has left the company with immediate effect just over a year after he joined

Insight / Scottish schools face financial management issues warns CIPFA

Current proposals to reform the £5bn per year Scottish education system could expose schools to significant financial risks, because of a lack of the necessary skills and governance framework, according to CIPFA Scotland

Insight / CIOT announces 2017-18 presidential team

The Chartered Institute of Taxation (CIOT) has confirmed its team of officers for 2017-18 with John Preston set to take over as the institute’s new president from the current postholder, Bill Dodwell, in May

Tax / BEIS launches review of Scottish limited partnerships

The Department of Business, Energy & Industrial Strategy (BEIS) is to undertake an official review of limited partnerships in the UK, focusing particularly on alleged 'criminal' exploitation of Scottish limited partnerships (SLPs)

Insight / UK CEOs more optimistic on company growth

UK CEOs are more upbeat about the growth prospects for their own companies than 12 months ago, and more positive than their European peers, according to research from PwC published at the World Economic Forum in Davos

Insight / FRC wants end to ‘lip service’ on FTSE board independence

The Financial Reporting Council’s (FRC’s) latest analysis suggests that while compliance with the UK corporate governance code remains high, some FTSE 350 companies are paying no more than lip service to requirements regarding board independence and need to improve their explanations of why they choose not to follow provisions

Insight / Letters of engagement: tips and advice

When signing up a new client, it is mandatory for accountancy practices to produce letters of engagement setting out the terms of the business agreement and contracted services. CCH Daily provides tips and advice on writing effective engagement letters to avoid unnecessary client disputes

Tax / Engagement letters and tax clients - NEW CPD module

The latest CCH Daily CPD module focuses on tips and advice on how to write effective engagement letters for tax clients to ensure certain levels of protection in the event of increasingly tough tax sanctions and penalties

Insight / KPMG wins over half of £673m government contracts

The Big Four picked up work worth £673m from government contracts in the year to November 2016, with KPMG taking more than half of the money spent, according to research by Tussell

Insight / BHP expands with Sheffield accounting merger

Yorkshire-based firm of chartered accountants, BHP has merged with Sheffield based GVT chartered accountants, which was prompted by the terminal illness of a key member of the team

Insight / Big Four feature on New Year’s Honours List

The Big Four are well represented in the New Year’s honours list, which included a knighthood for Ian Powell, former PwC chairman and senior partner

Insight / CFO optimism at 18-month high

Chief Financial Officers (CFOs) at the UK’s largest businesses are entering 2017 more optimistic than at any time in the previous 18 months, but are focusing on defensive balance sheet strategies and remain very worried about Brexit, according to research from Deloitte

Practice Development / New year, new accounting role?

January is regularly the most popular time of the year for employees to seek out new challenges and change employment. FD Recruit sets out the key things to consider when applying for a new job

Insight / Aligning finance and HR: why is the obvious still a challenge?

It is the duty of the chief human resources officer (CHRO) and chief financial officer (CFO) to ensure that there is a unified workforce within an organisation, yet this does not seem to be the case, says Dee Houchen, senior product marketing director, ERP Apps at Oracle

Insight / Grant Thornton profitability hit by investment in IT

Grant Thornton UK LLP has reported a 2.5% increase in revenue to £534m as the tax service line reports strong growth in a year where the mid-tier firm invested heavily in IT and technology to support its client base, reports Sara White