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: International Financial Reporting Standards

Differences in accounting mean that the application of International Financial Reporting Standards (IFRS) at statutory entity level could significantl...

Technical Update: Goodwill and Intangible Assets Under IFRS

Those companies required to prepare their financial statements in accordance with International Financial Reporting Standards (IFRS) from 2005 face a ...

Technical Update: Employment Status for Subcontractors

In August, the Inland Revenue announced that it was in the process of writing to about 13,000 contractors and 44,000 subcontractors regarding ‘employ...

Technical Update: Employment Costs

There is a wide divergence of employment costs across EU states. ...

Technical Update: International Standards on Auditing

There was a time when auditing standards were of little interest to the accountant in business.But 2005 will not only bring the biggest change in acco...

Technical Update: VAT Rules

In December 2004, Customs & Excise announced yet another measure to tighten the rules for recovering VAT on the costs of a corporate finance trans...

Technical briefing: Customs to tighten VAT rules

Customs will now look in detail at the costs and how each item is used. The VAT Tribunal states that the taxpayer can recover VAT in full on certain s...

Technical briefing: Audit standards toughened up

They include newly-developed standards on fraud, quality control, audit evidence and risk. There will be a greater focus on revenue recognition, fair ...

Technical briefing: Why tax communication is vital

However, there has been an increased awareness of corporate social responsibility. This, together with the rising trend in both the US and the UK for ...

Technical Update: Human Capital

One year after Denise Kingsmill published the recommendations of the Accounting for People Taskforce, a significant percentage of companies are still ...