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CA Magazine

Every article from your latest print edition of CA Magazine

July 2009

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Tweedie defends pace of reforms to EU finance ministers

Sir David Tweedie, chairman of the International Accounting Standards Board (IASB), has rejected calls to cut and paste impairment rules from US GAAP to speed up the pace of reform

Achievement award for Sir Brian Stewart

Miller Group chairman and CA Sir Brian Stewart was recognised for 'outstanding achievement' at this year's Scottish Accountancy Awards

Goldman Sachs boss backs fair value

Lloyd Blankfein, chief executive of Goldman Sachs, has backed the use of mark to market accounting at the annual conference of the International Organisation of Securities Commissions in Tel Aviv

Financial specialists targeted in drive against crime

A study of organised crime in Scotland has identified some 241 financial specialists and money launderers who have ‘specialist’ links to criminal networks

FRC tackles complexity in company reports

The Financial Reporting Council (FRC), the UK’s independent regulator responsible for promoting confidence in corporate reporting and governance, has outlined proposals to clarify company reports

Scottish Enterprise looking for new chief

Jack Perry, the CA who headed Scotland’s main development agency for the past five and a half years, says he will quit the post once a successor is found

Tesco Finance plans city jobs

Scotland's damaged reputation for financial services has been given a boost by Tesco's decision to build its retail bank in Edinburgh

Ernst & Young report predicts a decade of pain

Ernst & Young's Scottish ITEM Club has said a return to 2008's employment levels is unlikely before 2017 and although Scotland's private sector economy appears to be heading out of recession, it's doing so at a slower rate than much of the rest of the UK

Former ICAS president Sharp scoops award

Former ICAS president Isobel Sharp has been recognised for her achievement as a 'glass ceiling breaker' at an awards ceremony that celebrates the contribution of female business pioneers

Jobs market decline continues to ease

In its guide to the UK labour market, KPMG and the Recruitment and Employment Confederation (REC) Report on Jobs shows that the job market deteriorated at a slower pace in May, as the rates of decline in placements and billings eased further

CAs recognised in Queen's birthday honours list

Three ICAS members were recognised in the Queen’s birthday honours list

Risk management still not properly in place, says Deloitte

Global financial institutions have critical gaps in their risk management practices several months into the economic crisis, according to a survey by Deloitte

Calman calls for new Scottish-set income tax

The Calman Commission, which was set up to review the experience of Scottish devolution since 1998, has issued its final report

Bingo tax ruling could lead to £500m payout

Rank Group, the bingo and casino operator, has won a High Court case in its claim for a £62m refund, which could pave the way for other gaming companies to recover as much as £500m in overpaid tax
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