Leadership & management

Accounting / Beyond the red flags – the alternative fraud triangle

The level of fraud in businesses is growing exponentially but the only way to get to grips with the scale of the problem is to drill down to the fundamental reasons why it happens and risk factors for finance departments, says Arun Chauhan, founder and managing partner of Tenet Compliance & Litigation

Insight / ICAEW set to launch pay-per-view system for guidance

ICAEW plans to open up some of the professional content currently available exclusively to faculty members with a new pay-per-view system, which will allow all members to buy one-off guidance without joining a faculty

Insight / Engagement letters: what you need to know

Engagement letters are relevant to every accounting and professional services firm, irrespective of size or the services provided. It is crucial firms ensure their engagement letters are updated whenever a client relationship starts or terms change. Rachel Farris FCA CTA provides the top five tips for accountants

Insight / FRC’s Mike Suffield to join ACCA in summer

Mike Suffield is leaving his role as acting executive director of audit and actuarial regulation at the Financial Reporting Council (FRC) to join ACCA as its director of professional insights in August 2019, after it was announced last week that the FRC would be disbanded to make way for a new audit regulator

Insight / Number of UK millionaires drops 16%

The number of people in the UK earning more than £1m per year has dropped from 19,000 in 2015/16 to 16,000 in 2016/17, with the introduction of the EU bankers’ bonus cap playing a key role, according to UHY Hacker Young

Insight / FTSE 350 boards challenged over ‘one and done’ female diversity

The Investment Association (IA) and the Hampton-Alexander review have written to 69, or one in five, of the FTSE 350 companies, challenging them about the lack of gender diversity on their boards, with suggestions their approach is ‘tokenistic’

Insight / How can accounting firms improve their brand image?

The Big Four audit firms have strong identities and take brand seriously, but outside the top tier, accounting firms project a fairly autonomous image and do not differentiate themselves. David Shalam, creative director at Studio 2br provides five tips for building a brand that stands out

Insight / FRC sets date for Women in Finance mentoring event

The Financial Reporting Council (FRC) will be holding a Women in Finance networking event focusing on sponsorship and mentoring to disucss ways to increase the representation of women at the senior level of accounting firms

Insight / Hentons extends national reach with London merger

Leeds based accountancy and advisory firm Hentons is merging with London specialist music industry practice C C Panayi & Co, whose clients include four times Brits winner Emeli Sandé, as part of its national expansion plans

Tax / Spring Statement 2019: visa waiver and e-gate access post Brexit

In a Spring Statement thin on detail and shaped by the lack of progress on Brexit, the Chancellor announced plans to extend e-card immigration rights to citizens from Australia, Singapore and Japan, among others

Insight / Treasury to introduce code to boost female entrepreneurship

The Treasury has signalled it plans to increase the number of female entrepreneurs in the UK by 50% by asking lenders for details of the gender split of business investments, after research found women face too many barriers to setting up a business

Insight / £92bn boost from closing UK gender pay gap

Closing the UK’s gender pay gap would increase female earnings by £92bn, a rise of 20%, according to research from PwC

Insight / Women, let’s look at the real issue: accountancy is still a man’s world

Myfanwy Neville, a partner at accounting and advisory firm BKL, describes herself as a ‘working class woman from Wales' who has become 'middle class' through her work. Here she gives voice to the negative experiences women still have in breaking into senior leadership roles at accounting firms, even when their working environment is‘trying’ not to discriminate

Insight / Women at work: gender diversity at accounting firms

To celebrate International Women’s Day, the team at accounting firm Mercer & Hole give us their views on gender balance, leadership and what the accountancy industry needs to do to create a #BalanceforBetter in a working environment which is still fairly male dominated

Insight / Underwood: accountants must be commercial with their own businesses

Despite advising clients on how to be more commercial, accountancy firms often fail to use the same analysis and tools on their own practices, especially those that want to sell up, says Keith Underwood, managing director, Foulger Underwood