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CA Magazine

Every article from your latest print edition of CA Magazine

August 2008

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Experts warn on local income tax

Consultation on controversial laws to replace council tax in Scotland with a local income tax has closed, and despite concerns from a range of professional and business bodies, the Scottish National Party administration in Holyrood insists that its proposals will get the support of the majority of voters

Compensation call for Equitable Life victims

Ministers should set up a compensation fund for policyholders in Equitable Life, Ann Abraham, the Parliamentary Ombudsman says

Mills to chair watchdog

Dame Barbara Mills is to take over the chair of the Professional Oversight Board, replacing Sir John Bourne, who earlier this year announced that he is to step down from the role after serving more than two full terms

Credit crunch hits companies

Companies are finding it harder to raise the funds they need as the impact of the credit crunch spreads into the corporate sector, a survey of finance directors at large UK companies has found

FRC issues Combined Code update

The Financial Reporting Council has issued an updated version of the Combined Code on Corporate Governance for listed companies on the London Stock Market

Two firms merge into Haines Watts

The Edinburgh practice of top 20 accountancy firm Haines Watts has merged with Benson & Co and Hodgson & Co

ITEM club warns of battle against slump

Ernst & Young's economic think tank, the ITEM Club, warns that the 'toxix mixture' of a moribund credit market and volatile oil prices will ensure a tough time ahead

MACo links up with AS Fisher

Glasgow accountants and business advisers AS Fisher & Co have merged into Martin Aitken & Co to create the city's largest mid-tier accountancy firm

NAPF warns of fresh final salary threat

Controversial proposals to radically alter pensions accounting could double the liabilities reported by some schemes and risk more defined benefits schemes closing to new members, according to the National Association of Pension Funds

Big Issue chief is honoured

Ian MacArthur CA, group managing director of the Big Issue, has been named Social Entrepreneur of the Year in the Ernst & Young Entrepreneur of the Year awards for London and the South East

Top four win social accolade

The Big Four firms have all been awarded the Community Mark award by Business in the Community for their continued investment in the local community

Disciplinary body drops Wakeham case

The accountancy profession's Joint Disciplinary Scheme (JDS) has opted not to take action against Lord Wakeham for his role as a non-executive director and member of the audit committee at Enron when it collapsed

Tax credit '£1.5bn overpaid'

The public spending watchdog has refused to sign off the accounts of Revenue & Customs for the sixth successive year after discovering that as much as £1.5 billion may have been overpaid in tax credits

CA lends hand on Lourdes trip

CA and ICAS Council member Adriene Airlie is now home after a 'wonderful' week's trip to Lourdes in France with a group of special needs and handicapped children and their helpers

ICAS #2 (link opens in new window)

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