Practice & Industry

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

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

Audit / Operational separation of Big Four audit practices progresses

The Financial Reporting Council (FRC) has confirmed that Big Four firms are on schedule to achieve operational separation of their audit practices as the largest auditors look to restructure their businesses

Insight / Alvarez & Marsal launches portfolio advisory business

Professional services firm Alvarez & Marsal (A&M) continues its growth and expansion with the launch of a global portfolio advisory business

Insight / People in the news: EY, Azets, Shaw Gibbs, MHA Henderson Loggie

In this week’s accountancy career moves, promotions and new hires at EY, Deloitte and Grant Thornton, management changes at Azets and audit chief for Engine B

Insight / Using mediation to settle family company disputes

There's an old adage, ‘never go into business with family’ and there’s good reason for it, says Andrew Perkins, shareholder dispute lawyer and mediator with law firm Ashfords LLP

Insight / Deloitte sells restructuring unit before audit reform

Teneo, the global CEO advisory firm, has announced a major expansion of its international consulting capabilities with an agreement to acquire the restructuring services business of Deloitte UK

Insight / Praxity accounting firms report global revenues of $7bn

Accounting firms in the Praxity Global Alliance have reported record combined global revenues of $6.96bn for the year ended 31 December 2020, an increase of 9.1% year on year

Insight / Jeffreys Henry bolsters growth plans with private equity funding

Accountancy firm Jeffreys Henry has secured private equity funding to expand the business, but has not disclosed the level of investment

Insight / Unresolved bank complaints service for SMEs goes live

Small businesses will be able to use a new, free and independent service to help them resolve disputes with their banks, in a boost for SMEs struggling in the current crisis