Tag Archives: accountancy

New 2015 FRSSE for Small Business

With all the talk about tax and the implications of the transition to New UK GAAP, FRS 101 vs. 102 and so on, the small enterprise can sometimes be overlooked. So a reminder that the new, July 2013 edition, Financial … Continue reading

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CIMA Lose in High Court Over a Single Email

CIMA last month lost the High Court judicial review of the Margaret May disciplinary case. CIMA had argued that a single email, sent internally by Mrs May in her role on the CIMA governing council, was supposedly confidential. But that … Continue reading

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Suspected Somali pirates’ accountant arrested in Germany

“Every child knows that a pirate needs a cutlass and an eyepatch, but it turns out there’s one more accessory no self-respecting buccaneer would take to the high seas without – an accountant.” I feel a song coming on….. its … Continue reading

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£150,000 tax fraud accountant faces jail

“A raid of his premises in October 2012 uncovered documents showing that for seven years Moncrieff had overstated his expenses and understated his sales to reduce his tax liability.” Still waiting to see a statement from the Institute for this … Continue reading

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Birmingham accountant jailed in £1m tax fraud

“Muhammad Butt, proprietor of accountancy firm ABMG Business Services, was asked by HMRC to provide documents he held for two businesses that were under investigation. But despite receiving a court order in March 2010 he refused to hand over the … Continue reading

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Accountants – Disciplinary Process

If you are a member of ICAEW (or other accounting or auditing body) and have a complaint against you I would advise legal help with your approach at the earliest stage, even if the legal help is on an intermittant … Continue reading

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Margaret May v CIMA – Judgment Expected

The High Court judgment in the judicial review of Margaret May and CIMA is now expected to be delivered in late March or early April. A high-profile case in itself, it is hoped the High Court ruling might also give … Continue reading

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Financial Reporting Council (FRC)

Codes & Standards To foster the conditions for sustainable long term investment it is vital that the market has confidence in the quality of corporate governance and standards of professional practice. By setting rigorous standards and publishing codes for directors … Continue reading

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Top accountants proud to help firms make billions by avoiding tax

Top accountants say they are “proud to help firms make billions by avoiding tax”. Is there anything new under the sun? http://www.dailymail.co.uk/news/article-2271633/Were-proud-help-firms-make-billions-avoiding-tax-accountants-tell-MPs.html Eamon McNicholas Tax Barrister, Accountant http://www.EamonMcNicholas.com

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Tax chiefs hit back at criticism over avoidance

“Tax chiefs at the big accountancy firms have defended themselves against claims they are behind avoidance schemes that damage the UK’s interests“. Wink, wink. http://www.bbc.co.uk/news/business-21274679 Eamon McNicholas Tax Barrister, Accountant http://www.EamonMcNicholas.com

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