Latest Accounting News for the UK Accountancy Profession

Accountancy Profession is an accountancy news aggregation site created by accountants for accountants

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Accountancy Age

  • newCBI urges business to steer clear of tax abuse

    CBI urges business to steer clear of tax abuse

    Accountancy Age UK BUSINESSES should only engage in reasonable tax planning that is aligned with commercial and economic activity and does not lead to an abusive result, according to the CBI. The call is chief among a series of principles re…
    Published - 12 hours ago, 9 May 13, 9:29am
  • newBDO support staff roles 'under review' as PKF offices merge

    BDO support staff roles 'under review' as PKF offices merge

    Accountancy Age SUPPORT STAFF roles are under review at BDO, as the firm looks to merge offices where it is co-located with its latest acquisition PKF. Offices will be merged in the major cities in which both firms have a presence: London; G…
    Published - 12 hours ago, 9 May 13, 9:24am
  • newPensions regulator to slam Silentnight following pre-pack

    Pensions regulator to slam Silentnight following pre-pack

    Accountancy Age THE PENSIONS REGULATOR is preparing to force Silentnight owner HIG Europe to pump funds into the existing pension scheme following its pre-pack administration. Sky News reports that the watchdog is considering putting HIG on…
    Published - 12 hours ago, 9 May 13, 9:07am
  • newBellpenny acquires Foot Davson's IFA arm

    Bellpenny acquires Foot Davson's IFA arm

    Accountancy Age IFA ACQUIRER Bellpenny has completed the purchase of the IFA arm of Tunbridge Wells based accountancy firm, Foot Davson. The acquisition brings with it 850 active clients and funds under management of £60m, reports sister pu…
    Published - 13 hours ago, 9 May 13, 8:38am
  • Lubbock Fine appoints first female partner

    Lubbock Fine appoints first female partner

    Accountancy Age LUBBOCK FINE has appointed its first female partner Clare Munro to its tax division. Munro (pictured) trained with Arthur Andersen before joining Price Waterhouse where she stayed for eight years leaving as senior tax manager…
    Published - 1 day ago, 8 May 13, 11:47am
  • Sage loses its CFO to WANdisco

    Sage loses its CFO to WANdisco

    Accountancy Age FTSE 100 COMPANY Sage has announced its chief financial officer Paul Harrison is leaving the business but it has recruited Close Brothers' finance director as a non-executive director. Sage has begun the task of finding a suc…
    Published - 1 day ago, 8 May 13, 10:47am
  • Greater tax transparency “may not be panacea”, warns E&Y

    Greater tax transparency “may not be panacea”, warns E&Y

    Accountancy Age DISCLOSING GREATER DETAIL about the tax affairs of large corporates may not deliver any greater understanding to stakeholders, a report produced by Ernst & Young has warned. The firm claims that introducing measures such as c…
    Published - 1 day ago, 8 May 13, 10:36am
  • French Connection appoints new FD from O2

    French Connection appoints new FD from O2

    Accountancy Age FASHION RETAILER French Connection has appointed Adam Castleton as its new group finance director following the unexpected departure of Roy Naismith last month. Castleton joins the struggling retailer from telecoms company O2…
    Published - 1 day ago, 8 May 13, 10:32am
  • KPMG reaches settlement over Fannie Mae lawsuit

    KPMG reaches settlement over Fannie Mae lawsuit

    Accountancy Age A $153m (£98.8m) SETTLEMENT has been reached with KPMG in the US and Fannie Mae over a class action lawsuit. The Ohio attorney general Mike DeWine announced the agreement, following the lawsuit brought by a group of Ohio pen…
    Published - 2 days ago, 8 May 13, 9:20am
  • Ex-KPMG auditor’s co-conspirator pleads guilty

    Ex-KPMG auditor’s co-conspirator pleads guilty

    Accountancy Age A CALIFORNIAN businessman who exchanged cash and jewelry for insider information from a KPMG auditor has pleaded guilty in a US court. Ex-KPMG audit partner Scott London is facing criminal charges for insider trading after it…
    Published - 2 days ago, 7 May 13, 2:58pm
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Accountant Jokes and Fun

  • An accountant gets one over on a lawyer
    A lawyer and an accountant are sitting next to each other on a long flight from the US back to London. The lawyer leans over to the accountant and asks if he would like to play a fun game.The  accountant just wants to take a nap, so he politely…
    Published - 2 days ago, 8 May 13, 8:21am
  • The next #INABAaward goes to Elaine Clark of CheapAccounting.co.uk
    This is another (virtual) award of an INABA to an accountant who operates in such a way as to confirm my contention that ‘Boring Is Optional'.INABA stands for 'I'm Not A Boring Accountant' - more on the awards here++++ Elaine Clark is…
    Published - 3 days ago, 7 May 13, 8:25am
  • The next recipient of an #INABAaward is Mike Gordon
    This is another (virtual) award of an INABA to an accountant who operates in such a way as to confirm my contention that ‘Boring Is Optional'.INABA stands for 'I'm Not A Boring Accountant' - more on the awards here++++ Mike Gordon (so…
    Published - 3 days ago, 6 May 13, 2:22pm
  • The privilege of being an accountant rather than a lawyer
    At a panel debate hosted by Pinsent Masons and The Times on Monday evening I heard two mildy amusing references to accountants. The subject under discussion was Legal Advice Privilege and the recent Prudential case. This confirmed that tax accountant…
    Published - 16 days ago, 24 Apr 13, 8:29am
  • The accountant's malaise
    What do accountants suffer from that ordinary people don't?Depreciation.
    Published - 16 days ago, 24 Apr 13, 8:11am
  • A boring accountant's awkward sexual adventure
    The "funniest canadian sex comedy ever made" features 'a boring accountant' from Winnipeg who sets out to learn the secrets of making love from a Toronto stripper.Here are a couple of extracts from Jay Stone's review of 'My awkward sexual adventure…
    Published - 18 days ago, 22 Apr 13, 9:23am
  • A fairy story where the devil is in the detail
    Once upon a time a shepherd was looking after his sheep on the side of a deserted road. Suddenly a brand new Porsche screeched to a halt. The driver, a man dressed in an Armani suit, Cerutti shoes, Ray-Ban sunglasses, TAG-Heuer wrist-watch, and a Pi…
    Published - 23 days ago, 17 Apr 13, 8:58am
  • Barry Cryer's ode to accounting software
    This dates back to the 2007 Software Satisfaction Awards arranged by AccountingWeb.Barry Cryer OBE was the guest speaker and he had prepared one of his customary very funny odes. This included the immortal lines:I see before me, chattering, nat…
    Published - 30 days ago, 10 Apr 13, 9:02am
  • A real beancounter....
    With many thanks to Tony Nedderman in HK for passing this on to me.
    Published - 38 days ago, 2 Apr 13, 9:17am
  • Accountant's love of excel leads to a new video game
    We all know that accountants love spreadsheets, but a Canadian Chartered Accountant, Cary Walkin, has taken this passion to a new level. He has created a basic video game using only Excel spreadsheets.The game, called Arena.XIsm is a turn-based f…
    Published - 42 days ago, 28 Mar 13, 10:25am