Regulations and Law

Accounting and Audit

5 Mar 2019 / Accounting and Audit

The Unstoppable Glacier of Government’s Concerted Actions?

By Cliff Weight, Director, ShareSoc We sometimes see things changing at a glacier-like pace. But once a glacier starts moving it has huge momentum and is unstoppable. My…

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Accounting and Audit

5 Mar 2019 / Accounting and Audit

Inconvenient AGM at Phoenix, Changes to “Going Concern” and GoCompare

I have been advised that life insurance and pension consolidator Phoenix Group (PHNX), a FTSE 250 company, is holding this year’s AGM in Edinburgh at 9.00 am. That’s…

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Accounting and Audit

25 Feb 2019 / Accounting and Audit

Quindell (Watchstone), SFO Inaction and Tungsten Corporation

The Daily Telegraph this morning (25/2/2019) disclosed that law firm Harcus Sinclair is preparing a legal case for investors who lost money in Quindell (now renamed Watchstone). Quindell…

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Accounting and Audit

6 Feb 2019 / Accounting and Audit

Stephen Haddrill, CEO, FRC sees the light and gets tougher.

Stephen Haddrill, head of the Financial Reporting Council, appeared before MPs in one of a series of hearings held by the Commons Business, Energy and Industrial Strategy Committee…

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Accounting and Audit

5 Jan 2019 / Accounting and Audit

The trouble with net debt…

Net debt is a vital metric for investors and lenders. What ultimately kills companies is when they are unable to pay their debts when due. Hence, measuring the…

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Accounting and Audit

30 Dec 2018 / Accounting and Audit

IC Share Tips, National Grid, Brexit and the Audit Market

This week’s Investors Chronicle edition (dated 28/12/2018) provides lots of food for thought. One of the most educational is their review of the share tips they published as…

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Accounting and Audit

20 Dec 2018 / Accounting and Audit

Market Trends, Interest Rates, Glaxo and Yu Group Accounts

Yesterday was another dismal day in the markets. The US fell significantly allegedly caused by the rise in interest rates announced by the Federal Reserve and the UK…

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Company News

16 Dec 2018 / Company News

Blancco AGM and Regulatory Landscape

Today I attended the Annual General Meeting of Blancco Technology Group (BLTG). This technology company is now focused on the data erasure market which is surely a growing…

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Accounting and Audit

15 Dec 2018 / Accounting and Audit

Acquittals Over Tesco Fraud

Yesterday (6/12/2018) was another sad day for those who would like to stop false accounts being published by public companies. Two former executives of Tesco who had been…

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Company News

7 Dec 2018 / Company News

Banks Claims Group Limited, FCA and RBS

Neil Mitchell, who ran Torex Retail before he blew the whistle on an earlier fraud at the software company and RBS’s Global Restructuring Group took control of the…

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Accounting and Audit

7 Dec 2018 / Accounting and Audit

Autonomy, FRC Meeting, Retailers and Brexit Legal Advice

The big news last Friday (30/11/2018) was that former CEO Mike Lynch has been charged with fraud in the USA over the accounts of Autonomy. That company was…

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Accounting and Audit

5 Dec 2018 / Accounting and Audit

FRC Investor Event on 3rd December 2018

This was a very well attended, very successful event held at the FRC office at 125 London Wall. An attentive audience of over 70 UKSA and ShareSoc members…

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