There are two things we cannot live without: water and food. The weather during the early part of 2018 included rain – a lot of it. The quantity of water falling from the sky doesn’t necessarily equate – so we have been told many times – to full reservoirs but surely this year must be […]

Continue Reading The importance of rural industries post-Brexit

We all know that fraud is a big problem in the UK for businesses, one that’s been estimated to cost organisations up to £193bn per year.  One of the most vulnerable areas within a business to conduct illegal activity is accounts payable (AP). It’s worrying just how easy it can be to conduct fraudulent activity […]

Continue Reading How can accounts payable departments protect themselves from fraud?

The Social Mobility Pledge was launched by former Education Secretary, Justine Greening MP in a Westminster Hall debate on 28 March, committing businesses to promote opportunity for everyone no matter what their background. This is an important step in the world of accountancy careers, and UK employment in general. It shows businesses promising to access […]

Continue Reading Big Four accounting firms sign Social Mobility Pledge

RSM has announced 11 partner promotions with effect from 1 April across the audit, tax and advisory practices. Adam Krupski and Hywel Pegler have been promoted to partner in the audit practice in the firm’s Stoke and Bristol offices respectively, while Karen Musgrave and Nicky Warburton have been promoted in audit in the firm’s Preston […]

Continue Reading RSM announces 11 partner promotions

Ukraine’s largest bank has filed a $3bn (£2.1bn) legal claim against PwC’s Ukrainian and Cypriot subsidiaries for “serious and extensive breaches” in its audit responsibilities. As PrivatBank’s auditor, PwC was accused of failing to identify improper activities that led to a $5.5.bn hole in the balance-sheet. The allegations relate to audits signed off by PwC […]

Continue Reading Ukraine’s PrivatBank files $3bn claim against PwC

It happens sometimes: your business is owed a VAT repayment, but delays in receiving the money from HMRC occur for some reason. How does this happen, and what should you do?  This guide will cover when a refund for VAT is delayed and how to rectify this. How delays happen and their impact on a […]

Continue Reading How to handle VAT refund delays