28-01-2021
Are you starting a new business during the pandemic? COVID-19 has hit our economy hard. A global recession is likely, and many businesses are looking at their best options for survival. However, amid the anxieties and stresses we are all currently facing, an economic downturn creates opportunities. Many successful global businesses have grown out of
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22-01-2021
A recent consultation conducted by the Financial Reporting Council (FRC) lists training and skillsets as the top concerns for using technology to enhance audit quality. The use of artificial intelligence (AI) and machine learning (ML) is increasingly popular for improving audit quality. However, several audit firms and professional bodies who responded to the consultation point
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18-01-2021
We look at why it’s necessary to carry out regular checks on your HR policies and processes. In June 2020, HR Manager Bal Dhesi highlighted some key questions employers should consider before making decisions surrounding their staff during the initial stages of the COVID-19 pandemic. Our lives continue to be unsettled by the changing landscape
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12-01-2021
In its first month, the Government's Kickstart Scheme has created 19,000 jobs and, 4,359 employers apply across Great Britain, with more business applications accepted each week. This initiative will cost £2billion and will create 250,000 job opportunities. The Kickstart Scheme is an ‘innovative way to help young people to work and spur Britain’s economic revival’,
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11-01-2021
With many businesses focussing on reducing their workforce, employee retention may not be a business owner’s priority. However, having a high staff turnover will impact your cash-flow, so retaining your talented, skilled workforce is key to your business’s recovery. So, what employee retention strategies should you put in place? Appreciate your employees Perhaps a simple
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08-01-2021
As we find ourselves in another national lockdown, the government has increased support by introducing £4.6b towards new lockdown grants to support businesses. This update covers the details of these new grants together with some recent updates across the government’s other COVID-19 business support measures. Coronavirus Job Retention Scheme (CJRS) Self-Employment Income Support Scheme (SEISS)
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The Role of Forensic Accountants After Business Interruption
The Role of Forensic Accountants After Business Interruption For businesses affected by a serious business interruption – for example, a factory fire, one of which dominated the news back in May of this year following ‘a huge blaze’ at a national bread factory – the financial impact can extend far beyond the immediate cost of repairs. […]
