Practice & Industry

Insight / RSM invests in creditor services expansion

RSM is beefing up its creditor services business with a £100k plus investment, including substantial investment in products, people and premises, in anticipation of increasing activity as the UK economy comes under strain

Insight / Businesses must act on climate change, says World Economic Forum

Governments must work together to pressure business to take action on climate change because ‘the longer we wait, the more painful the transitional period will be’, are the findings of the latest World Economic Forum’s Global Risks Report

Insight / EY chief Steve Varley takes on global sustainability role

Steve Varley, senior managing partner at EY, is stepping down as managing partner of the UK firm to take on a role as global vice chair for sustainability at the Big Four network

Insight / Reinforcing KYC and AML processes

Stephen Baker, senior partner at law firm Baker & Partners explains the importance of Know Your Client (KYC) regulations and how to ensure compliance

Insight / Post-election business confidence at record high

Business sentiment has surged to an all-time high in the wake of December’s election, recording the largest increase in confidence amongst the UK’s biggest companies for over a decade, according to research by Deloitte

Insight / Big Four alumni at FRC: who’s running the audit regulator?

The Financial Reporting Council is set for a complete overhaul this year and heavy criticism of the regulator has seen a purge of top management with fewer Big Four alumni in key positions

Insight / MHA MacIntyre Hudson merges with Keens

Top 20 firm MHA MacIntyre Hudson has finalised a deal to merge its Milton Keynes operations with Keens Shay Keens MK LLP

Insight / PwC opens Birmingham Paradise site

As part of a major regional expansion, PwC has started moving staff into a new Midlands headquarters at One Chamberlain Square in Birmingham’s Paradise development

Insight / Bishop Fleming signs flagship office deal

Bishop Fleming has announced plans to move its Bristol office to a new head office in the city later this year

Insight / Barclays faces landmark challenge on financing fossil fuels

Barclays has become the first European-listed bank to face a shareholder challenge on climate change, with a call for the bank to phase out the financing of fossil fuel companies and certain utility companies starting next year

Insight / Women’s charity investigated over financial management

The Charity Commission is investigating a women’s charity based in Nottingham over serious concerns that trustees are failing to operate the charity for the public benefit

Insight / RSM removes top management after accounting error

Mid-tier firm audit firm RSM has been forced to overhaul its executive team following the discovery of errors in the way in which it accounted for professional liability claims provisions going back several years

Insight / Ex Big Four staff chair majority of audit committees

Six out of 10 FTSE 100 audit committees are chaired by former Big Four audit firm alumni, according to exclusive research by Accountancy Daily

Insight / Big Four Alumni Survey: questions of conflict at FTSE 100

As the Big Four audit firms come under continuing criticism over client conflict and lack of robust interrogation of client boards, the annual Accountancy Daily FTSE 100 Alumni Survey finds widespread representation by Big Four alumni at the highest levels of UK listed companies. Philip Smith reports

Insight / Small business confidence plunges to eight-year low

The Federation of Small Businesses (FSB) Small Business Index (SBI) measure has hit the lowest point since the last recession