Tag Archives: accounting

Court of Appeal Rules on Liability of Non-Tax Specialist Accounting Firms

The Court of Appeal has ruled that non-tax specialist accounting firms do not have an open-ended liability for tax advice. In Mehjoo vs. Harben Barker [2014] EWCA Civ 358 an Iranian businessman living in the UK since 1971 and a … Continue reading

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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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ICAEW posts loss as disciplinary funding bites

“A £3m SWING in funding the profession’s disciplinary watchdog has seen the ICAEW post a loss. The institute faced a net charge of £1.8m in its contribution to the Accounting and Actuarial Discipline Board, an arm of the Financial Reporting … 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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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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