Insight / Forecasting, skills shortages and cash flow pain points

As businesses face up to the ongoing fallout from the pandemic, Rob Binns, CFO of Access Group, considers the challenges facing financial teams from forecasting to cash flow pressures

Tax / Fintech sector review calls for extension of R&D tax reliefs

An independent review has set out a plan for the UK to retain its global leadership in fintech by helping the country’s financial technology firms to scale up, access the talent and finance they need, and deliver better financial services

Insight / Covid-19 loan schemes shell out £73bn to businesses

The latest Treasury figures show that the banking and finance industry has provided almost £73bn in support to 1.6 million businesses through government-backed coronavirus lending schemes

Insight / People in the news: Moore Kingston Smith, CABA, Clyde & Co

In this week’s accountancy career moves, partner promotions at Moore Kingston Smith and Clyde & Co, trustees for CABA, and audit committee changes at British Land

Insight / Making furloughed staff redundant: what you need to know

Alan Price, CEO at BrightHR, assesses the rules around redundancy and provides tips and advice on how to roll out a redundancy plan if staff are furloughed due to the coronavirus pandemic

Insight / KPMG UK confirms governance changes and chief executive appointment process

KPMG UK has confirmed that it will split the role of chair and chief executive to bring it in line with industry practice and has announced that it will hold an election process for the chief executive position

Insight / Coronavirus: essential updates for accountants, tax advisers and auditors - Part 3

To assist accountants, tax advisers and auditors in dealing with the coronavirus crisis, all our related covid-19 coverage will be available here as soon as new announcements are made, plus expert analysis

Insight / Draft pre-pack rules set out role of evaluator

The government has issued draft pre-pack legislation in a bid to improve stakeholder confidence in pre-pack administrations with the creation of new requirement for an evaluator

Insight / Duff & Phelps plans to rebrand company as Kroll

Duff & Phelps, the provider of services and digital products related to governance, risk and transparency, and a major UK restructuring firm, has announced plans to transition the company name to Kroll

Accounting / Guidance on holding company AGMs during Covid-19 pandemic

ICSA: The Chartered Governance Institute has published new guidance about company AGMs and the impact of Covid-19, which reflects the continuing impact of the coronavirus pandemic on companies’ ability to hold physical general meetings

Tax / Brexit one month on – the VAT implications

As trading arrangements with the EU face new import and export processes, James Hurst, VAT director at Brown Butler, explains the key VAT compliance issues to consider

Audit / SEC charges two former KPMG auditors for improper professional conduct

The Securities and Exchange Commission (SEC) has suspended two former KPMG auditors from practicing before the SEC in connection with settled charges against the two for improper professional conduct during an audit of a not-for-profit college

Insight / Third of FTSE board positions held by women

More than a third (34.3%) of FTSE 350 board positions are now held by women with numbers rising from 682 to 1,026 in five years, final Hampton-Alexander Review report reveals

Insight / Gender pay gap reporting enforcement delayed to October

Due to the continued effects of the Covid-19 pandemic, the deadline for filing gender pay gap reports has been delayed for six months

Insight / TC Group merges with London accountancy practice

TC Group has concluded a merger with London-based accountancy practice, The Company Books, whose clients will be managed from TC’s offices in Farnham and Croydon