As the deadline for GDPR implementation gets nearer, 25 May 2018, it is becoming more important for businesses to hone in on their responsibilities. The penalties for getting it wrong could be costly, with the maximum fine increasing from £500,000 … Read More >>
Audit thresholds have changed recently, leaving many companies wondering if they will be required to carry out an audit. But, just because you may now be below the limit for a compulsory audit, it doesn’t mean you don’t need one, … Read More >>
During the summer of 2015, the Financial Reporting Council (FRC) issued a new reporting framework for small and micro entities. If this is likely to affect Santa, then he might want to think about how he will present his accounts … Read More >>
September is traditionally the month of new things – including the new shiny iGismo. We are tempted with new features, new innovations and then gasp at the loss of some familiar features that we think we can’t live without (headphone … Read More >>
To quote Alfred, Lord Tennyson in his 1850 poem “Ring Out, Wild Bells”: “Ring out the old, ring in the new”. Traditionally, the closing of a year is a good chance to draw a line under what’s been before, take … Read More >>
Please stand clear of the closing doors…this train terminates here… These are all familiar phrases for anyone who has travelled on the London underground. However, with some major changes taking place regarding the format and content of financial statements in … Read More >>
Huge changes could be on the horizon for the UK’s largest accountancy firms as Michel Barnier, the European Union Internal Audit Commissioner, looks to shake up the European Audit Market with some radical reforms.