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CA Magazine

Every article from your latest print edition of CA Magazine

August 2009

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Banking reform plans unveiled

Proposals to overhaul UK banking regulation and to improve corporate governance within the sector were unveiled in July

Swine flu may strike down a sick economy

An independent economic forecast from the Ernst & Young ITEM Club says the UK GDP is likely to shrink by 4.5 per cent in 2009, but E&Y’s experts believe that if the “worst case” scenario is realised for the spread of swine flu, it could be hit for an additional three per cent

Business failure rate slowing

The Business Failures Report for the second quarter of 2009, produced by Equifax, shows that the failure rate is up by nearly 40 per cent for the same period in 2008

Retirement age review fast tracked for 2010

A review of the UK default retirement age, planned for 2011, will be brought forward to 2010

Insurers plan for Solvency II reforms

More than half (61 per cent) of UK insurers believe that the cost of implementing the European Union’s “Solvency II” regulations for the insurance sector will be less than £500,000, with a further eight per cent still having no idea of the cost, according to BDO Stoy Hayward

Accounting bodies sign environmental pledge

ICAS, along with 15 other accounting bodies from around the world, has agreed to abide by principles oiutlined by the Prince of Wales’ Accounting for Sustainability Forum

Renewable energy at heart of UK's low carbon strategy

A “transition” strategy to meet ambitious targets for cutting carbon emissions was unveiled last month by the UK Government, with a major emphasis on renewables and other “clean” energy sources

Companies will face deficits as final salary schemes close

Many companies are now looking to close their final salary pension scheme, but deficits will remain, estimates Deloitte, and the firm expects more companies to compensate by shifting capital and assets to their pension fund

Accounting 'neutral' says FRC chief

Financial Reporting Council chief executive Paul Boyle says accountants should resist pressure to use financial reporting to reduce the effect of boom and bust on company pro?ts

Digita - SKY Sept (link opens in new window)

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