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Hurst posts double-digit revenue growth
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Accountancy Age REVENUES HAVE GROWN 12% at North-west accountancy firm Hurst. The firm's April 2012 year-end revenues climbed to £4.4m. It opened a London office last year, and added 53 clients. It was also a finalist in Accountancy Age's British Accountancy Awards 2011. "Growing turnover by half a million in what is still a challenging market is a major achievement," said Hurst managing partner Tim Potter. "There are lots of opportunities...
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BPP picks up KPMG training contract
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Accountancy Age BPP HAS WRESTED KPMG's training contract for ACAs from Kaplan. BPP will deliver the Big Four firm's ACA training programme, for 1,400 students, from autumn 2013. Kaplan has served as KPMG's provider for the past ten years. It will support the latest round of the firm's trainees through to next year. The firm said the multi-million pound contract award followed a "robust and challenging process". "The launch...
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Best Practice Conference: Just a month away
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Accountancy Age IT'S JUST A MONTH until the follow-up to last year's enormously successful Accountancy Age Best Practice Conference. Former BDO International chairman Jeremy Newman, who led the UK and international businesses through a fruitful period of expansion, gives our keynote address: Creating an Award-Winning Firm. This year's event also includes more of those valuable break-out sessions. Pitching to Win and Promoting from Within are just two of the sessions available. ACCA UK...
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Mazars brings in senior banking head
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Accountancy Age A FORMER senior head at the Central Bank of Ireland has joined Mazars. Jonathan McMahon, former head of financial institutions for the Central Bank of Ireland, has joined Mazars as global head of bank regulation and restructuring. He will be responsible for providing global financial services clients with advice on how to deal with the regulatory and business model changes following the financial crisis. McMahon was involved in the...
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Lawyer takes IPA presidency
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Accountancy Age THE INSOLVENCY PRACTITIONERS ASSOCIATION has announced that Edward Bible is its new president. Bible (pictured) heads up the insolvency team at law firm Brethertons and is both a qualified solicitor and insolvency practitioner. He succeeds Ernst & Young director Patrick Brazzill who stays on with the licensing and regulating body in a council position sitting on two committees; advisory and future plans and corporate consultation. Bible said: "I am...
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Collins outline new KPMG leadership team
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Accountancy Age THE NEW leadership team of KPMG chairman-elect Simon Collins has been launched. A ten-person team sees a number of new faces at KPMG UK's top table, along with the absence of some of the firm's heavyweights. The head of audit role is given to Tony Cates. There is no place for former audit chief and contender for the top job, Oliver Tant. Instead he takes the title vice chairman, and will...
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Best Practice: Wilkins Kennedy's David Fenn
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Accountancy Age FIRMS MOVE at different speeds for different reasons. Take Wilkins Kennedy which earlier this month changed its structure from a partnership to a Limited Liability Partnership (LLP) 12 years after it was created. Ernst & Young were the first to make the leap to LLP status back in 2001, now three in five firms in Accountancy Age's Top 50 survey is an LLP. For a firm that boasts a 130-year legacy,...
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Watchdog calls for 'significant improvements' in Mazars' audit
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Accountancy Age SIGNIFICANT IMPROVEMENTS are required following an audit review of Mazars' work by accounting's watchdog. In a series of check-ups of firms' work by the Audit Inspection Unit (AIU), Mazars was found to have an audit that required significant improvements. Of the other three audits reviewed by the AIU, two were classed as ‘good with limited improvements required', while one was ‘acceptable overall with improvements required'. A series of issues were drawn...
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Accountants disappointed with low salary hikes
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Accountancy Age UK ACCOUNTANTS were disappointed at the smaller than expected salary hike they received in 2011 according to research from Marks Sattin. The financial recruitment agency found that the average accountant was expecting a wage increase of 13.5% but instead received 10.3%, although this increase is still seven times larger than the national average. However despite the disappointing show optimism has grown in 2012 as nearly all of the 1,300 accountants surveyed,...
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Cameron - who has the most important job of all?
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Accountancy Age INCREASINGLY, SPEECHES MADE BY POLITICIANS are either pointing a finger or deriding the accountancy profession. Take David Cameron's most recent outcry "People want to know we're not just a bunch of accountants trying to turn around the British economy as if it were a failing company". Well before making such sweeping generalisations one would have expected Cameron, an ex PR man, to have done some research to back up his assertions....
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The Practitioner: The expenses are on me
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Accountancy Age SOMETIMES IT TAKES LONGER for the penny to drop than normal but I disappointed myself recently for not recognising sooner that I had been totally duped into agreeing to attend a Fine Art Exhibition in Edinburgh. One of the partners had asked me to attend with her a few months ago and she must have caught me at a bad time, because I obviously said yes. Fine art isn't really my...
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Kevin Ellis named PwC’s new UK managing partner
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Accountancy Age KEVIN ELLIS has been named PwC's new UK managing partner following a boardroom reshuffle. He succeeds Richard Collier-Keywood who steps down to take an international role at the firm as vice chairman of PwC's global firm responsible for the coordination of the firm's international strategy. Ellis (pictured) joined the firm in 1984 and became partner in 1996. Before he joined the executive board in 2008 he headed up the advisory practice...
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Ex-R3 president joins Baker Tilly
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Accountancy Age BAKER TILLY has recruited the former president of insolvency trade body R3 Steven Law as a partner in its restructuring division. Law (pictured) was previously R3 president in 2010 and prior to that spent 16 years at Grant Thornton, latterly as partner. He joins Baker Tilly from accountancy firm Ensors where he spent more than 15 years developing the firm's business recovery and insolvency division. At the end of last year...
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Ex-R3 president joint Baker Tilly
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Accountancy Age BAKER TILLY has recruited the former president of insolvency trade body R3 Steven Law as a partner in its restructuring division. Law (pictured) was previously R3 president in 2010 and prior to that spent 16 years at Grant Thornton, latterly as partner. He joins Baker Tilly from accountancy firm Ensors where he spent more than 15 years developing the firm's business recovery and insolvency division. At the end of last year...
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Ex-R3 president joints Baker Tilly
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Accountancy Age BAKER TILLY has recruited the former president of insolvency trade body R3 Steven Law as a partner in its restructuring division. Law (pictured) was previously R3 president in 2010 and prior to that spent 16 years at Grant Thornton, latterly as partner. He joins Baker Tilly from accountancy firm Ensors where he spent more than 15 years developing the firm's business recovery and insolvency division. At the end of last year...
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RPC liability expert Howard joins Wragge & Co
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Accountancy Age ONE OF THE UK'S foremost professional liability experts has joined Wragge & Co. Jane Howard, formerly of Reynolds Porter Chamberlain, joins as a partner in Wragges' professional liability practice. She will work alongside fellow partners Tom Ellis, Mark Hick and James Gordon. She has worked for nearly 20 years with and against claims involving auditors, accountants and actuaries. Senior partner Quentin Poole said: "Jane has it all - a...
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Come on Cameron, cut out the accounting commentary
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Accountancy Age DAVID CAMERON SEEMS UNHAPPY at his government's actions being compared to that of accountants. On a couple of occasions, most notably in the Telegraph this weekend, Cameron said that the government needs to change the perception that it is a bunch of number jockeys trying to improve a set of financials, whatever the cost to the people involved. Not wanting to be viewed as simply looking to turn around an ailing...
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Cameron: Government 'not a bunch of accountants'
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Accountancy Age THE PRIME MINISTER has said that the government is "not just a bunch of accountants trying to turn around the British economy as if it were a failing company". In an article written for the Daily Telegraph, David Cameron said that the public need to be shown that the government is attempting to help individuals, and change the perception that it is starkly looking to reduce deficit figures. "That's why the...
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Hacker Young's Andronikou severely reprimanded
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Accountancy Age A £5,000 FINE has been dished out to UHY Hacker Young partner Andrew Andronikou for "manifestly inappropriate" conduct in relation to a client going through personal insolvency proceedings. In a consent order made with the ICAEW, Andronikou was severely reprimanded, fined £5,000 and paid costs of £6,500 in relation to his role as a nominee and supervisor of an insolvent individual in 2007. The institute's investigation committee said that the complaint...
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BDO partner takes KPMG role
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Accountancy Age KPMG has recruited former BDO partner David Ellis as head of its reward practice. Ellis was previously a partner at the sixth largest firm in charge of its UK reward practice having joined in 2004. Prior to that he spent eight years at Ernst & Young and qualified as a solicitor at Richards Butler. He has particular expertise in expatriate and employment tax remuneration strategies. Ellis said: "KPMG has...
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Dent leaves Deloitte for UBC role
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Accountancy Age A NEW FD has been named at UBC Media. UBC, which creates premium content for the BBC and other networks, has appointed Chris Dent into the top finance role. Dent takes over from Jenny Donald, who had returned to the company as interim FD in June 2011. She leaves to "continue her sailing adventures", the company said in a statement to the stock exchange. Dent spent ten years at...
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Best Practice: Reeves’ Clive Stevens
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Accountancy Age REGARDLESS OF whether Clive Stevens, managing partner of Reeves, is a fan of The Clash, it is likely that there is much his firm can equate with the group's hit 1979 album London Calling. The title, if perhaps not the content, is representative of how the 100-year-old firm with offices across the south east has added clout to its proposition to international clients and its chances of winning business away from the Big...
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Can firms force partners to retire?
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Accountancy Age THE FIRST AGE DISCRIMINATION CASE to be heard in the Supreme Court involved a firm forcing a partner to retire at 65. But surprisingly it is not the forcefulness that continues to be appealed but the age at which that pressure can be applied. The Supreme Court recently found in favour of a law firm Clarkson Wright & Jakes that it could force its partner Mr Seldon to retire at the age of...
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BDO shows us the funny
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Accountancy Age IN STRESSFUL and testing times, laughter is the best medicine, or so the saying goes. In that spirit, the people at BDO sought to tickle our funny bones with an exhibition of satirical cartoons collected over the course of 30 years from various newspapers. The exhibition featured the famous Matt cartoons of The Telegraph fame, as well as illustrator Morris, (illustrated) whose drawings are well-known both sides of the Atlantic - ahem Colin...
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