New business

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

Insight / Letters of engagement: tips and advice

When signing up a new client, it is mandatory for accountancy practices to produce letters of engagement setting out the terms of the business agreement and contracted services. CCH Daily provides tips and advice on writing effective engagement letters to avoid unnecessary client disputes

Insight / Leonard Curtis sets up legal services division

Mid-tier firm Leonard Curtis has confirmed its newly-established legal services division, which it will run from Manchester headed by its head of business restructuring Andrew Gregory

Insight / Scale of Blick Rothenberg challenge to Big Four ‘not yet clear’

The new owners of mid-tier firm Blick Rothenberg are set to face enormous hurdles if they are to attempt their reported ambitions of taking on the Big Four, Calum Fuller reports

Insight / AICPA and CIMA begin work on joint association

The American Institute of Certified Public Accountants (AICPA) and the Chartered Institute of Management Accountants (CIMA) are forming a new association that will launch in 2017, to represent the accounting profession

Insight / Online wealth management service launched

Two former senior banking executives launched a new online wealth management service targeting high network individuals, branded as Netwealth