New business

Insight / Accountex Summit North set for 6 March

Accountex is launching a one-day accounting conference and exhibition in Manchester, Accountex Summit North, on 6 March 2018 for accountants and finance professionals

Insight / Prager Metis LLP snaps up Smallfield Cody

Accounting firm Prager Metis LLP has merged with Smallfield Cody & Co, a specialist firm based in London, which focuses on providing services to UK media and entertainment clients

Insight / Managing your accounting firm: lifestyle versus commercial approach

Choosing the optimimum way to manage and run an accounting practice is not a pure science, but there are two distinct approaches, either the commercially driven, revenue-led firm where fee income is a key driver to those who are looking for a more balanced lifestyle with shared responsibility for the business, says merger expert Keith Underwood

Insight / Treasury clarifies anti money laundering supervision rules

The Treasury will go ahead with the introduction of new regulations for anti-money laundering (AML) supervision, which include establishing a new body to oversee the 22 professional body AML supervisors in accountancy and law, which will come into force on 18 January 2018

Insight / Late payment of fees: tips and advice

Late payment of fees remains one of the most frequently encountered problems faced by accountants hired as expert witnesses. Dr Chris Pamplin of the UK Register of Expert Witnesses explains what you can do to minimise the risks 

Insight / Tips and advice: preparing your accounting practice for sale

When accounting firms look to sell their business, it is essential to profile and prepare the business ready for a sale, from the critical financial data to softer information about management structure, client base and staffing splits, advises Keith Underwood, managing director of merger experts Foulger Underwood

Insight / Raising finance for business: tips and advice

Lots of businesses want to raise funds and often they will turn to their accountant for help in the first instance. Clive Hyman FCA of Hyman Capital Services provides a brief overview of the issues to consider from identifying finance sources, financial modelling and business valuations

Insight / Wolters Kluwer sells CCH Information to Peninsula subsidiary Croner-i

Croner-i Ltd, a subsidiary of Peninsula Business Services Group, has acquired Wolters Kluwer Legal & Regulatory following the sale of CCH Information, Accountancy magazine and Croner-i

Insight / Jon Davies Accountants sets up Liverpool practice

Established Merseyside accountant Jon Davies has set up an accounting practice based in Liverpool, with a team of four senior client managers

Insight / Farnell: when is an accountant not an ‘accountant’?

Hiring an accountant is not always as transparent as one might think as anyone can say they are an accountant, regardless of whether they have specific institute endorsed qualifications. Sean Farnell, partner at Burgis & Bullock, says it is high time this shoddy state of affairs was reviewed and calls for tighter controls on who can call themselves an accountant

Tax / Catax and Croner Taxwise sign joint venture to cross-sell services

Specialist tax relief company Catax has signed a joint venture with fee protection insurance provider Croner Taxwise, a subsidiary of Peninsula Business Services Group, in a move to broaden its reach across the accountancy profession

Insight / Public procurement process locking out smaller firms, says FSB

Small businesses are failing to grow their share of public sector contracts with the latest figures from the Federation of Small Businesses (FSB), showing a fall in SME marketshare to 23%, far short of the government's target to ensure SMEs win a third of these contracts

Audit / Free download: Managing legal without a legal team - effacts

Overcome the challenge of managing legal without an in-house legal team. In this exclusive factsheet download, Managing legal when you don’t have a legal team, effacts explores how technology can help CFOs identify areas of risk and boost legal accountability across the business. 

Insight / Buying and selling companies: due diligence checklist

When buying or selling a company it is essential to follow a structured due diligence process from reviewing fundamental financial performance to the current management of the business. Clive Hyman, MD of Hyman Capital Services offers tips and advice on the key issues to consider in a step-by-step guide 

Insight / Underwood: equity and profit share issues when selling accounting practice

Keith Underwood, managing director of Foulger Underwood considers the problem of diverging partner aspirations when merger multi-partner accounting practices and offers tips and advice on issues to consider when partners decide to sell out