Search Results for: ICAEW
Accountant fined for not keeping up with CPD
October 29th, 2014
A chartered accountant has been reprimanded and fined for not keeping up with requirements for continuous professional development (CPD). David Foister, of Kettering, Northamptonshire, has been fined £1,000 and ordered to pay costs of £1,500 for not submitting annual ...
Accountant fined for PII and annual return offences
October 22nd, 2014
An accountant has been severely reprimanded and fined £4,500 for failing to submit an annual return and doing business without professional indemnity insurance (PII). Patricia Cornish, of Laurel Farm, Colegate End, Pulham Market, failed to submit an annual return ...
Tax debts regulations ( UK pounds)
October 9th, 2014
Regulations introducing a graduated scale for recovery of tax and tax credit debts through a taxpayer’s PAYE code have been laid before Parliament. The measures, introduced following consultation, will permit more debts to be collected in a “relatively simple, ...
How to choose an accountant
October 3rd, 2014
Selecting an accountant to support your business is an important decision and something you need to consider carefully. Dan Martin gathers advice from members of the community UK Business Forums. How much should you pay? As with everything in ...
Accountant gets three year ban over audit failures
September 16th, 2014
A tribunal has excluded an ICAEW member from membership of the profession for three years following a Financial Reporting Council (FRC) investigation over audit failures. The accountant, Paul Newsham was a former partner, Sixthreeone Limited (formerly known as HWCA), ...
Accountant banned for signing audit reports
September 10th, 2014
An accountant has been excluded from the ICAEW and fined nearly £15,000 for issuing audit reports on behalf of his firms when they were not registered to carry out audit work. Robert Binfield, from Chester, issued reports for companies ...
New accounting standard rule against banks’ losses from loans
August 11th, 2014
A new international accounting standard, IFRS 9, will set as requirement that banks should set aside more money in order to protect against losses from customers who can’t repay loans. The new rule will come into effect in 2018 ...
Firms unite to provide better access to accountancy qualifications
April 3rd, 2014
THE PROFESSION has united to create a unified approach aimed at helping students from disadvantaged backgrounds obtain accountancy qualifications. The scheme, Access Accountancy was formally launched today at an inner city girls secondary school, based in Islington, London. Firms ...
Insolvency profession says fee changes will see fewer rescues
March 31st, 2014
THE INSOLVENCY PROFESSION believes that government proposals to change fee structures in corporate collapses will lead to fewer business rescues. More than three quarters (77%) of practitioners said that enforcing the use of fixed-fees would lead to practitioners taking ...
Mehjoo case gives firms greater certainty
March 27th, 2014
THE LONG-RUNNING dispute between midlands firm Harben Barker and former client Hossein Mehjoo had threatened to have major, unwelcome, ramifications for the profession. That the whole unedifying episode is over is a source of some succour. As for where ...
