smes

>
 
>
avatar

According to figures from the Solicitors Regulation Authority, in 2014 around 28 per cent of the profession consists of sole practitioners. Recent changes to licence regulations means that the number of those going solo could well increase.

A repor...

avatar

The Department for Business, Innovation and Skills (BIS) has released its anticipated consultation on plans to implement the new EU Accounting Directive in the UK. Learn more about audit exemption implications, and how to get involved.

avatar
The Department for Business Innovation and Skills (BIS) has released proposals outlining how it intends to implement the new EU Accounting Directive (‘the Directive’) in the UK.

The Directive, which replaces the longstanding 4th and .....
avatar
This was the running theme at one of our latest company meetings where we had the opportunity to get together, which is crucial to the development of the team and overall success of the business.

With help from an external facilitator we used our...
avatar
New EU rules exempting more small and medium-sized businesses from having to have an annual audit could damage the ability of SMEs to access bank lending if they decide to opt-out.  
 
Many small and medium-sized businesses are likely to...
avatar
Over the past year, the Audit and Assurance Faculty have worked to get our technical ducks in a row on audit exemption. Now I'm looking for your feedback.

We're expecting a world in which most companies can choose whether or not to have an audit....
avatar

The old ICAEW Assurance Service is being replaced by new, internationally recognised, assurance review engagements. What is the difference?

 

Background

 

On 23 October 2013, ICAEW published TECH09/13AAF Assurance review engagements on...

avatar
When the European Parliament voted in the new Accounting Directive, a subtle change expanded the permitted definition of a small company. Could the UK use this to extend audit exemption? What might that mean for SMEs and their auditors?
avatar
Social media is a highly effective tool for sharing your expertise and voicing your opinions (that is, ‘pushing’ information to friends, fans and followers). What may be less obvious to some is that social media is also a powerful resour...
avatar

Small companies – reduced disclosures?

The EC is also currently discussing changes to the accounting directive itself that will affect all small companies not just ‘micros’. With the aim of cutting red tape for small businesses...