Management & Execution
Management & execution are about highly effective delivery. The focus for good managers today is what makes a difference to the business in the immediate and medium term future. The focus is on surviving the recession and credit crunch, with operational issues front of mind.
We look at forecasting; pipelines; project management; working capital; cashflow; management and trading accounts; raising finance; capex v opex; asset management; dealing with banks; bank lending; stable finance; supplier relationships; tax relief; auditing and pensions.
Technical Update: Company Law White Paper
However, while on the one hand this is an important move to reduce the burden of red tape on business, embedded in the White Paper is a potential time...
Growing regulatory burden requires flexible it systems
The Sarbanes-Oxley Act and International Financial Reporting Standards (IFRS) have put a massive regulatory load onto the desks of finance directors.I...
Significant impact of company law
In the US, under Sarbanes-Oxley, chief financial officers and chief executives are put in the spotlight. Under new UK proposals, however, managers and...
ECJ rules fees for share issues are VAT exempt
A European Court of Justice judgement last week ruled that professional fees on share issues will now be VAT exempt across the EU.
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Technical Update: Accounting for Dividends
Moreover, UK law and accounting practice is also changing.
The international standard that deals with the recognition of proposed dividends and distri...
Lloyds TSB faces IFRS hit to pre-tax profit
The company says that using fair value measurements under IFRS will increase volatility, in particular within its life assurances business. Other area...
Technical Update: IAS 12 - Accounting for Corporate Taxes on Income
Those on AIM have a brief respite and are not required to use IFRS until periods beginning on or after January 1 2007. International Accounting Standa...
Standards board project aims to put limit on operating leases
The ASB's research project was commissioned by the International Accounting Standards Board (IASB). It is intended to amend or replace the current IAS...
Health check: Paragon
The treatment of goodwill under IFRS means that there is likely to be a negative hit to the company's profit and loss account but a positive impact on...
Putting a cap on non-audit fees doesn't fit all
Investec's decision to impose a formal limit on the level of fees its auditors, Ernst & Young and KPMG, can receive for non-audit work suggests th...


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