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Pensions in the news (Part 2)

Pensions in the news This is the second in a series of three articles about Pensions in the news. You can read our first article on Pensions here No more tax credits on dividend income! In 1997 the then Chancellor Gordon Brown removed reportedly £5bn a year out of millions of pensioner’s funds by stripping [...]

Pensions – never in the news to never out of it!

Pensions in the news This is the first in a series of three articles about Pensions in the news. Defined Benefit Schemes Around thirty years ago the pensions world was relatively simple and rarely made the news. There was a state scheme in place and many people additionally were members of Defined Benefit (DB) occupational [...]

The switch from local accounting standards to IFRS

Is this is end of local accounting standards The Internationalisation of Accounting Standards The UK’s Accounting Standards Board is proposing that in the next few years some UK companies and other reporting entities will be required to, or have the option to, move to a more IFRS-based financial reporting framework. The current situation in relation [...]

Capital Allowances | Business & Property Savings

Capital allowances can reduce your tax bill significantly when you spend money on property, cars, vans, computers and literally thousands of other business assets. However, big changes are coming soon. These will affect ALL business owners and many property investors. If you own certain types of property you can obtain tax relief on all the [...]

Money Laundering Questions

Commonly asked questions about Money Laundering Here are four commonly asked questions in relation to anti-money laundering procedures. 1. I understand that a report has to be made if there is knowledge or suspicion of a Money Laundering offence taking place but what is knowledge or suspicion? Knowledge is: • actual knowledge • shutting your [...]

Ethics & Professionalism in Finance

Trust, transparency, ethics and corporate social responsibility • The Enron scandal • BP’s Deepwater Horizon oil spill • MPs expenses • Wiki Leaks • The list continues to grow…….. Issues of trust, transparency, ethics and corporate social responsibility have never been so high on the organisational agenda. Yet recognising ethical issues and taking appropriate and [...]

Managing working capital including cash

  In the current economic climate 3 things are essential for the health of a business: • cash, • cash, • and cash It is essential that businesses tightly manage their supply chains, review commercial terms, discount structures and payment scenarios. Where applicable it is imperative to minimise work in progress and monitor and analyse [...]

ACCA CPD Training Courses

CPD Year End Courses for ACCA Complete your ACCA CPD now whilst there is plenty of time The 2012 CPD year end is in . Have you completed your CPD allocation for the year of 40 hours of CPD including 21 verifiable hours? Are you looking for last minute verifiable CPD hours to top up [...]

Accounting and Auditing Pension Schemes

Occupational pension schemes in the news The death of defined benefit pension schemes Occupational pension schemes are rarely far from the news. From large scale frauds, such as with Robert Maxwell and the Mirror Group Scheme, to large corporate collapses with the resulting impact on pensioners, as with Rover Group, to the current unrest over [...]

Online Learning 2.0

Our online courses utilise learning 2.0 What is learning 2.0? Learning 2.0 is the concept of web 2.0 (information sharing, interoperability, user-centered design collaboration) applied to learning. Collaborative learning We have fine tuned our approach to collaborative learning and enhanced the features of our online courses so that we now have more powerful learning tools [...]