Natalie Todd, partner at Cooke, Young and Keidan, examines the impact of the recent Luckhurst case on whether fraud suspects can use frozen funds to pay legal expenses in civil litigation
Failing to act in the interests of creditors once it is clear that a business is failing can have serious legal and financial consequences for company directors, warns Rachel Lai, insolvency practitioner at Menzies LLP
The UK’s accounting watchdog fined PwC nearly £1.8m over claims it failed to challenge BT accounts following the discovery of a half-a-billion pound fraud within the telecommunications firm
The Financial Reporting Council (FRC) found that companies were not taking digital security and strategy seriously, providing limited details to investors
Ahead of this year’s Scottish exam results day, ACCA Scotland is urging young people to remember there is no wrong way to start a career in accountancy
64% of Premier League footballers’ contracts now take a form which HM Revenue & Customs (HMRC) says is open to abuse, according to new analysis by multinational law firm Pinsent Masons
The latest HMRC performance report showed an improvement in service levels as more calls were picked up within 10 minutes but many callers could not get through to an adviser
In this week’s accountancy career moves, partner appointments at BDO and Crowe, senior hires at RSM, Cowgills and Hargreaves Lansdown, and Brearley & Co directors increase shareholding
As HMRC steps up investigations into abuse of research and development (R&D) tax relief claims, Croner-i’s James Butterworth looks at the support available for R&D claimant companies and accountants involved in claims and enquiries
In the drive to catch bounce back loan fraudsters, bankruptcy restrictions totalling 48 years have been given to five individuals who took £198,894 in Covid-19 financial support
The Public Sector Fraud Authority (PSFA) has been launched to tackle high levels of bounce back loan fraud with a £180m target set for the first 12 months
The government has brought in changes to the accounting rules for local councils preventing them from capitalising revenue costs to fund projects in certain instances
The head of Harlequin Group has been found guilty of a £226m fraud to entice investors to put money into celebrity-endorsed luxury resorts across the Caribbean