Rob Munro

Rob Munro is a journalist specialising in finance, health and technology. He has worked for several major publishers, including Wiley, Wolters Kluwer and EMAP, and now writes on a freelance basis.

Tax / 53% of accountants’ clients ready for Making Tax Digital launch

Significant numbers of accountants’ clients are still struggling to prepare for the advent of Making Tax Digital for VAT, which is now only six months away, according to the Association of Accounting Technicians (AAT) 

Insight / Charity Commission calls for change in individual attitudes

The Charity Commission has called for a change in organisational culture and what is considered acceptable in terms of individual attitudes and behaviour, in the wake of recent high profile scandals within the sector

Insight / Smith & Williamson continues expansion into Ireland

Smith & Williamson in Ireland has merged with Dublin-based accountancy firm LHM Casey McGrath, in a move that will put the meged practice in the top 10 in the Republic of Ireland

Insight / SEC charges former CFO of pharma company for misleading investors

The CFO of a pharmaceutical company lied to investors about the amount of drugs it had supplied to wholesalers and gave a false impression about prospects for future sales, according to a US government investigation

Insight / Carillion collapse drives construction businesses to the wall

The liquidation of public sector contractor Carillion triggered a ’significant' surge in insolvencies among construction businesses, according to research from Moore Stephens

Tax / Stamp duty surcharge for foreign property buyers

Prime minister Theresa May will use this week’s Conservative party conference to announce a new stamp duty surcharge of 1% to 3% for overseas buyers of UK property

Insight / Elon Musk resigns as Tesla chairman following deal with SEC

Elon Musk, CEO of electric car manufacturer Tesla, is the subject of a US Securities and Exchange Commission (SEC) settlement that will see him stripped of his position as chair of the company and his social media activities curtailed

Tax / FTSE 100 companies unclear on tax evasion measures

The majority of top UK companies are not making public their risk strategies to prevent risk of tax evasion, leaving them vulnerable to criminal prosecution

Insight / Xero suffers major outage

Customers of leading accounting software Xero were venting their anger on Twitter yesterday after the cloud-based service suffered a 'network configuration' issue and was out of action for seven-and-a-half hours

Insight / IMF warns Marshall Islands against adopting digital currency

The International Monetary Fund (IMF) has warned the government of the Republic of the Marshall Islands (RMI) to be cautious about issuing a digital currency as a second legal tender and to ‘carefully consider the macroeconomic and financial stability risks’ inherent in such a move

Insight / HG Capital invests in Brightpay payroll software provider

Private equity firm HgCapital have invested an undisclosed sum in BrightPay, the Irish accounting and payroll software provider, ahead of government PAYE reform which will see Ireland move to real time reporting

Insight / EY tech investment pays off as revenue hits $34.8bn

The Big Four firm EY has announced record revenue figures which it claims are the result of intensive investment in emerging technologies as fee income rises by 7.4%

Tax / Help to Save scheme criticised by LITRG

A pressure group for people on low incomes has warned that the government’s Help to Save scheme may penalise those who are forced to withdraw funds to pay for unexpected expenses

Insight / IRIS launches AI audit software

One of the UK’s leading accounting software providers has announced the launch of the first in a range of products that use artificial intelligence (AI)

Audit / Audit updates: September 2018

In our monthly roundup of developments in audit and governance, PwC slated for ‘misleading’ BHS audit, revised Corporate Governance Code, Grant Thornton cleared of misconduct over Globo audit, auditing accounting estimates standard to be revised