The FT has reported this morning that: The planned reopening of the economy, the Budget’s renewed support for workers and businesses, and the rapid vaccine
Read the full article…
It’s time to get rid of the flags
I was amused by this tweet by Naga Munchetty: I 'liked' tweets today that were offensive in nature about the use of the British flag
Read the full article…
The Big 4 firms of accountants must be cock-a-hoop at the government’s audit reform proposals
The government has published its audit reform proposals this morning in a new White Paper. In this they say: [T]he audit regulator has in recent
Read the full article…
The government’s audit reform proposals fail to address the issue of climate change
The government’s announcement on audit and accounting reform, out this morning, refer to the significance of climate reporting. As they note: The Government agrees with
Read the full article…
Priti Patel is playing to a minority, but a dangerous one.Â
Politico is an increasingly useful source in my morning sweep of the news, often adding insights and data not available elsewhere. But they also generate their
Read the full article…
The government’s audit reforms will not address the issue of hollowed-out firms
As already noted, the government has announced its proposed auditing and accounting reform process today. There is much to criticise within it because almost none
Read the full article…
The government has made shareholders the focus of its audit reforms when stakeholders should have been at the top of its list of priorities
The government has published its long-awaited proposals for accounting and auditing reform this morning. They are underwhelming, despite running to 232 pages. At the core
Read the full article…
When is a company bankrupt?
Throughout the history of accounting a company has generally been assumed to be bust when it can no longer pay its creditors. That can no
Read the full article…
Should accounting face facts or stick its head in the sand?
I wrote yesterday about my proposal for sustainable cost accounting. One commentator, in particular, engaged with me on this issue. In several lengthy exchanges it
Read the full article…

Buy me a coffee!
