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Accounting and Finance

Accounting, Audit and UK Tax selected topics, news and updates
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Konstantinos Kovotsos
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Accounting Humor
Pensioners in the UK end up paying around 30% of their income to HMRC according to a report by City AM Reports on 30th of May 2014 Accounting And Finance, Pensions, Paying, About Uk, Income, 30th, Report
Accounting And Finance
Pensions
Paying
About Uk
Income
30th
Report
Pensioners in the UK end up paying around 30% of their income to HMRC according to a report by City AM Reports on 30th of May 2014
Konstantinos Kovotsos
Konstantinos Kovotsos
Accounting and Finance
EU urges UK to raise taxes on expensive homes, build more houses and review the Help to Buy scheme Edwardian Architecture, English Architecture, London Architecture, Beautiful Architecture, Architecture House, Edwardian House, Victorian Homes, Edwardian Era, London Townhouse
Edwardian Architecture
English Architecture
London Architecture
Beautiful Architecture
Architecture House
Edwardian House
Victorian Homes
Edwardian Era
London Townhouse
EU urges UK to raise taxes on expensive homes, build more houses and review the Help to Buy scheme
Konstantinos Kovotsos
Konstantinos Kovotsos
Accounting and Finance
The number of Dawn Raids carried out by HMRC as a result of tax evasion has fallen by 6% over 2013.While the numbers of search warrants executed increased between 2010 and 2013, only 744 warrants were executed in 2013/14, a 6% decrease on the previous year Dawn Raid, Previous Year, Tax, Numbers, Result, Search, Searching
Dawn Raid
Previous Year
Tax
Numbers
Result
Search
Searching
The number of Dawn Raids carried out by HMRC as a result of tax evasion has fallen by 6% over 2013.While the numbers of search warrants executed increased between 2010 and 2013, only 744 warrants were executed in 2013/14, a 6% decrease on the previous year
Konstantinos Kovotsos
Konstantinos Kovotsos
Accounting and Finance
The findings of a 2013 survey, released in May 2014, indicate that audits by accounting firms around the world are deficit in a number of critical areas. Accounting Firms, Audit, Surveys, Areas, Number, Accounting Companies
Accounting Firms
Audit
Surveys
Areas
Number
Accounting Companies
The findings of a 2013 survey, released in May 2014, indicate that audits by accounting firms around the world are deficit in a number of critical areas.
Konstantinos Kovotsos
Konstantinos Kovotsos
Accounting and Finance
KPMG has increased its lead as the auditor of the most stock market clients according to 2014 statistics from Adviser Rankings in the UK Wfh Job, Apply For Internship, Reward And Recognition, Tech Blogs, Innovation Strategy, Engineering Jobs, Graduation Post, Interview Process, Career Guidance
Wfh Job
Apply For Internship
Reward And Recognition
Tech Blogs
Innovation Strategy
Engineering Jobs
Graduation Post
Interview Process
Career Guidance
KPMG has increased its lead as the auditor of the most stock market clients according to 2014 statistics from Adviser Rankings in the UK
Konstantinos Kovotsos
Konstantinos Kovotsos
Accounting and Finance
HMRC is heavily criticised for many careless errors that resulted in a huge rise in the number of complaints from the tax payers. The cost from these errors and organisation problems cost during 2012-2013 more than 354000 GBP Accounting Services, Economic Terms, Education Network, Hsbc, Income Tax, Revenue, Denial, Higher Education
Accounting Services
Economic Terms
Education Network
Hsbc
Income Tax
Revenue
Denial
Higher Education
HMRC is heavily criticised for many careless errors that resulted in a huge rise in the number of complaints from the tax payers. The cost from these errors and organisation problems cost during 2012-2013 more than 354000 GBP
Konstantinos Kovotsos
Konstantinos Kovotsos
Accounting and Finance
Ian Powell, the PWC chairman,during PWC's Public Trust awards, he admitted that international tax needs major changes. As Mr Powell said, the international tax laws and tax rates are based on past estimations and do not reflect the modern business reality. Tax Rate, Powell, Awards, Trust, Reality, Public, The Selection, Business
Tax Rate
Powell
Awards
Trust
Reality
Public
The Selection
Business
Ian Powell, the PWC chairman,during PWC's Public Trust awards, he admitted that international tax needs major changes. As Mr Powell said, the international tax laws and tax rates are based on past estimations and do not reflect the modern business reality.
Konstantinos Kovotsos
Konstantinos Kovotsos
Accounting and Finance
PwC replaces Deloitte as auditors of Hargreaves Lansdown - 30 Jul 2013 - Accountancy Age Global Fund, Challenges And Opportunities, Global Views, Asset Management, Luxembourg, The Expanse
Global Fund
Challenges And Opportunities
Global Views
Asset Management
Luxembourg
The Expanse
PwC replaces Deloitte as auditors of Hargreaves Lansdown - 30 Jul 2013 - Accountancy Age
The FRC has isued a revised auditing standard, which claims would make the job of the auditor easier, increasing communication with investors. These revisions to ISA 700 (UK and Ireland) require auditors' reports on companies which are applying the UK corporate governance code to explain more about their work. Board engangement will also be included in the changes. These changes will affect audits of financial statements for reporting periods on or after the 1st October 2012 Social Bookmarking, Cfo, Financial Statement, Consulting, Remains, Guidance
Social Bookmarking
Cfo
Financial Statement
Consulting
Remains
Guidance
The FRC has isued a revised auditing standard, which claims would make the job of the auditor easier, increasing communication with investors. These revisions to ISA 700 (UK and Ireland) require auditors' reports on companies which are applying the UK corporate governance code to explain more about their work. Board engangement will also be included in the changes. These changes will affect audits of financial statements for reporting periods on or after the 1st October 2012
Konstantinos Kovotsos
Konstantinos Kovotsos
Accounting and Finance
The Big Four registered 7,7% increase in fee income in 2012 while smaller firms struggled with minimal growth of 0,6% according to the accountancy regulator London View, London House, World Economic Forum
London View
London House
World Economic Forum
The Big Four registered 7,7% increase in fee income in 2012 while smaller firms struggled with minimal growth of 0,6% according to the accountancy regulator
Konstantinos Kovotsos
Konstantinos Kovotsos
Accounting and Finance
UK's #Tax Wastage & Planning #infographic Inheritance Tax, Choices Quotes, Tax Credits, Tax Return, Financial Advisors, Charity
Inheritance Tax
Choices Quotes
Tax Credits
Tax Return
Financial Advisors
Charity
UK's #Tax Wastage & Planning #infographic
The IASB and its US equivalent FASB propose a new accounting standard to bring leases on - balance sheet for lesses and measurement and presentation of expenses and cash flows arising from a lease.Until now most of leases are not reported on balance sheets, being criticised for not providing a faithful representation of leasing transactions Real Estate Lease, Chiropractic Office Design, Voters List, Leasing Agent, Construction Firm, Lease Agreement, Medical Design, Commercial Property
Real Estate Lease
Chiropractic Office Design
Voters List
Leasing Agent
Construction Firm
Lease Agreement
Medical Design
Commercial Property
The IASB and its US equivalent FASB propose a new accounting standard to bring leases on - balance sheet for lesses and measurement and presentation of expenses and cash flows arising from a lease.Until now most of leases are not reported on balance sheets, being criticised for not providing a faithful representation of leasing transactions
Konstantinos Kovotsos
Konstantinos Kovotsos
Accounting and Finance
LittleJohn will be the new member of PKF International after the merger of BDO-PKF in the UK Merger
Merger
LittleJohn will be the new member of PKF International after the merger of BDO-PKF in the UK
Konstantinos Kovotsos
Konstantinos Kovotsos
Accounting and Finance
HMRC asset seizures doubled inside a year over unpaid VAT!Unfrtunately it is not only Greece but other European countries as well which break the myth of their citizens being good taxpayers.. British Government, Local Government, London Bombings, Buy To Let Mortgage, Uk Gov, Bank Of England, Royal Park, English Heritage, Westminster
British Government
Local Government
London Bombings
Buy To Let Mortgage
Uk Gov
Bank Of England
Royal Park
English Heritage
Westminster
HMRC asset seizures doubled inside a year over unpaid VAT!Unfrtunately it is not only Greece but other European countries as well which break the myth of their citizens being good taxpayers..
HMRC is searching the internet, including social media and other websites in which people share information, to find potential evidence of tax fraud! Contacts, Custom, September 8, Uk News, Salary, Fraud
Contacts
Custom
September 8
Uk News
Salary
Fraud
HMRC is searching the internet, including social media and other websites in which people share information, to find potential evidence of tax fraud!
Konstantinos Kovotsos
Konstantinos Kovotsos
Accounting and Finance
Tax is more complicated than many people think Taxes Humor, Accounting Humor, Cartoon Theories, Winter Wonderland Wallpaper, Science Cartoons, Finance Infographic, Finance Jobs, Bookkeeping Services
Taxes Humor
Accounting Humor
Cartoon Theories
Winter Wonderland Wallpaper
Science Cartoons
Finance Infographic
Finance Jobs
Bookkeeping Services
Tax is more complicated than many people think
Konstantinos Kovotsos
Konstantinos Kovotsos
Accounting and Finance
A TAX compliance centre is to be opened by KPMG in Glasgow this summer, creating 150 jobs. The ‘tax centre of excellence" will be set up in Glasgow's international financial services district, and act as a tax compliance hub for the firm's 22 UK offices. Center Of Excellence, Compliance, Financial Services, Glasgow, Offices, Skyscraper, Acting
Center Of Excellence
Compliance
Financial Services
Glasgow
Offices
Skyscraper
Acting
A TAX compliance centre is to be opened by KPMG in Glasgow this summer, creating 150 jobs. The ‘tax centre of excellence" will be set up in Glasgow's international financial services district, and act as a tax compliance hub for the firm's 22 UK offices.
Konstantinos Kovotsos
Konstantinos Kovotsos
Accounting and Finance
The accounting profession is rebounding from the recession, with new accountancy firm start-ups outstripping firm closures for the first time since 2008, according to research by Bloomsbury Professional There was a net gain of 850 accountancy firms last year, following a net loss of 360 firms in the preceding two years, the research found According to Bloomsbury, the number of start-ups was 14% higher last year, compared to the depths of the recession in 2009 Cloud Accounting, Small Business Accounting, Business Advice, Payroll Accounting, Finance Business, Tax Services, Writing Services
Cloud Accounting
Small Business Accounting
Business Advice
Payroll Accounting
Finance Business
Tax Services
Writing Services
The accounting profession is rebounding from the recession, with new accountancy firm start-ups outstripping firm closures for the first time since 2008, according to research by Bloomsbury Professional There was a net gain of 850 accountancy firms last year, following a net loss of 360 firms in the preceding two years, the research found According to Bloomsbury, the number of start-ups was 14% higher last year, compared to the depths of the recession in 2009
Konstantinos Kovotsos
Konstantinos Kovotsos
Accounting and Finance
REAL-TIME PAYE REPORTING will commence throughout the UK from Saturday 6 April in the biggest shake-up to the system since 1944. Through this development any changes in someone's circumstances - such as a pay rise, promotion or departure from job - will be reported as they happen Month End, Pay Rise, Self Employment, Deduction, Proactive, Home Business
Month End
Pay Rise
Self Employment
Deduction
Proactive
Home Business
REAL-TIME PAYE REPORTING will commence throughout the UK from Saturday 6 April in the biggest shake-up to the system since 1944. Through this development any changes in someone's circumstances - such as a pay rise, promotion or departure from job - will be reported as they happen
Konstantinos Kovotsos
Konstantinos Kovotsos
Accounting and Finance
THE MERGER between BDO and PKF in the UK has been completed, creating a firm with nearly £400m in revenues. Business Advisor, 400m, Allianz Logo, Completed
Business Advisor
400m
Allianz Logo
Completed
THE MERGER between BDO and PKF in the UK has been completed, creating a firm with nearly £400m in revenues.
Konstantinos Kovotsos
Konstantinos Kovotsos
Accounting and Finance
The idea of a different application of IFRS for large companies and SME may be more costly and time consuming although in this factsheet, this differenciation looks sensible due to the size of companies and their different needs. Sme, Topics, Large
Sme
Topics
Large
The idea of a different application of IFRS for large companies and SME may be more costly and time consuming although in this factsheet, this differenciation looks sensible due to the size of companies and their different needs.
Konstantinos Kovotsos
Konstantinos Kovotsos
Accounting and Finance
Internal and External Audit Renewable Energy Facts, Workplace Productivity, Accounting Principles, Energy Audit, Internal Audit, John Wiley & Sons, Study Organization, New York Life
Renewable Energy Facts
Workplace Productivity
Accounting Principles
Energy Audit
Internal Audit
John Wiley & Sons
Study Organization
New York Life
Internal and External Audit
Konstantinos Kovotsos
Konstantinos Kovotsos
Accounting and Finance
Internal Auditors must consider different aspects of a business Music Business, Success Business, Business Performance, Report Template, Sample Resume, Assessment, Financial
Music Business
Success Business
Business Performance
Report Template
Sample Resume
Assessment
Financial
Internal Auditors must consider different aspects of a business
Konstantinos Kovotsos
Konstantinos Kovotsos
Accounting and Finance
Internal Audit Plan Change Management, Talent Management, Risk Management, Disruptive Technology, Action Plan, Strategic Planning, Industrial Revolution
Change Management
Talent Management
Risk Management
Disruptive Technology
Action Plan
Strategic Planning
Industrial Revolution
Internal Audit Plan
Konstantinos Kovotsos
Konstantinos Kovotsos
Accounting and Finance
Internal Vs External Audit Business Management, Balance Sheet, Annual Report, Slot Online, Independence, External
Business Management
Balance Sheet
Annual Report
Slot Online
Independence
External
Internal Vs External Audit
Konstantinos Kovotsos
Konstantinos Kovotsos
Accounting and Finance