Practice & Industry

Insight / Dow Schofield Watts merges with financial modelling firm

JL Advisory, which provides financial modelling services for public and private sector clients throughout the UK, has joined forces with accountancy firm Dow Schofield Watts as part of its growth plans

Insight / How accounting firms can use chatbots to connect with clients

Melissa Hernandez, executive at Propero Partners, discusses the practical applications of artificial intelligence and the use of web-based chatbots by accounting firms to increase engagement with customers

Insight / 55% of charities fail to assess board financial competence

A survey of 200 charities suggests that the governance competency of charities continues to be deficient in financial matters and are failing to take advantage of available guidance and training

Insight / Brexit deal proposals prompt Cabinet resignations

A proposed agreement between the UK and the EU, including single market access for Northern Ireland and a five-year post-transition commitment to VAT, has prompted resignations from Cabinet ministers Esther McVey and Dominic Raab

Insight / Interserve hit by outsourcing worries

FTSE 250 company Interserve is the latest outsourcer to come under financial scrutiny following the collapse of Carillion earlier this year, and has been forced to issue a statement quelling rumours of potential difficulties after its share price slumped by up to 30%

Insight / Berketex Bride chain in administration

Sheffield-based insolvency firm Wilson Field is acting for Bridal Fashions Ltd, t/a Berketex Bride, after the fifty-year old wedding dress chain collapsed into administration, becoming the latest retail casualty on the high street

Audit / Technology driving corporate reporting change, says EY

Smart technologies including artificial intelligence (AI), increased use of non-financial data and innovative approaches to recruitment are changing corporate reporting, enabling companies to offer greater transparency and so increase public trust in business, research by EY has found

Insight / Charity guidance issued on changing financial year

The Charity Commission has published guidance on the circumstances and procedures for charities wishing to change their financial year, which vary according to whether or not the charity is incorporated as a company

Insight / Charities: what needs to change in the Charities SORP? - part 6

Sarah Perrin ACA looks at the key questions being considered in the governance review of the Charity SORP committee and process now under way, including whether the SORP-making process commands confidence

Tax / Small businesses urged to apply for broadband vouchers

The government is strongly recommending that small and medium-sized enterprises (SMEs) make use of a £2,500 voucher to help with installing high-speed broadband and increase rural communities' access to the internet

Insight / 11-year ban for financial investor over client funds abuse

A financial investor has been disqualified for 11 years after an Insolvency Service investigation found he had abused thousands of pounds worth of client’s funds which were invested in volatile foreign exchange markets

Insight / NEST to offer pensions savings pilot for rainy days

High street retail services provider Timpson is the first company to sign up for a two-year pilot run by auto enrolment pensions body, the National Employment Savings Trust (NEST), looking at so-called ‘sidecar savings’ options as a way of increasing employees’ financial resilience

Insight / European CFOs report rising uncertainty

Chief financial officers (CFO) across Europe are reporting a rise in levels of uncertainty and a declining risk appetite, but are adopting expansionary plans, with those based in Ireland the most committed to future capital expenditure, according to research from Deloitte

Insight / FTSE 350 needs to do more on gender equality

There remain five all-male boards in the FTSE 350, and companies need to do more if they are to hit the government’s target of a third of women in senior leadership positions by 2020, according to the annual update from the Hampton-Alexander review

Insight / 33% drop in number of accounting job vacancies

Although there was a 26% increase in the number of accountants seeking jobs last month, there was a 7% drop in the number of vacancies with the amount of accounting jobs available decreasing 33% year-on-year, according to research from Morgan McKinley