Blog categorized as Current Affairs

Lord David Pannick rides to the rescue of Independent schools

The Autumn Budget presented last week has ruffled a not inconsiderable number of feathers with accusations of lying and broken manifesto promises flying. The Office of Budget Responsibility failed to support the Chancellor’s claim of a £22bn black hole left by the last government.

07.11.24 12:51 PM - Comment(s)

The Audit, Reporting and Governance Authority (“ARGA”) and Forecast 5

By Stephanie

Right at the top of the King’s Speech(1) on 17 July, 2024 in only the third paragraph King Charles noted “Bills will be brought forward to strengthen audit and corporate governance, [Draft Audit Reform and Corporate Governance Bill]."

Known as ARGA, this bill has been a long time coming as this ...

25.07.24 08:31 AM - Comment(s)

How Forecast 5 can help you manage your organisation

By Stephanie

It’s a funny old world – the strange arithmetic of the UK’s “first past the post” system propelled Labour into the House of Commons with 63% of the seats whilst the Conservatives and Reform achieved a scant 20% of the seats with more votes!

To some, heaven on earth, to others Armageddon.

At Fore...

12.07.24 08:55 AM - Comment(s)

How Forecast 5 can help navigate in a changing political environment

By Stephanie

Unlike the pilot of the imaginary plane after last weekend’s European elections that saw major shifts to the right across multiple countries in the EU, the move in the UK if the pollsters are to be believed is that the UK will shift to the left.

At Forecast 5 we aren’t in the business of pickin...

17.06.24 09:04 AM - Comment(s)

Reflecting on Accountex London 2024: A week of connections and insights

By Stephanie

Reflecting on Accountex London 2024

23.05.24 02:59 PM - Comment(s)

Why would you use Spreadsheets for your forecasting when Forecast 5 is at your fingertips?

By Caroline

At Forecast 5 we look past the spreadsheets and show you the benefits of moving towards a more reliable budgeting and forecasting solution.

17.04.24 07:58 PM - Comment(s)

Massive audit failures, a record fine, and a suggestion

By Caroline

In March 2017 KPMG signed an unqualified audit report for Carillion plc for the 2016 financial year, just as they had previously for the years 2014 and 2015.

In July and September 2017, Carillion announced provisions of £1.045billion primarily arising from expected losses on seve...

20.10.23 05:02 AM - Comment(s)

Going Concern Assessments - Use the right forecasting tools for the job!

By Caroline

In Edition 27 of Chartered One we considered the different interpretations of the Going Concern Statement required under IFRS and FRS, pointing out that both the FRC and the ICAEW had issued guidance during 2020....

17.10.23 01:58 AM - Comment(s)

Quick, Responsive Forecasts and the Going Concern Assessment

By Caroline

In a business world of uncertainty, one thing is for sure: if management signs off on financial statements describing their company as a going concern, heads will roll if it folds in six months...

15.10.23 12:54 AM - Comment(s)

Are preparing consolidated forecasts causing a bit of a sweat?

By Stephanie

Need to prepare a consolidated forecast for your group or business entity? Are you sweating, just a bit, at the thought?

20.03.23 10:07 AM - Comment(s)

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Blog categorized as Current Affairs

Lord David Pannick rides to the rescue of Independent schools

The Audit, Reporting and Governance Authority (“ARGA”) and Forecast 5

How Forecast 5 can help you manage your organisation

How Forecast 5 can help navigate in a changing political environment

Reflecting on Accountex London 2024: A week of connections and insights

Why would you use Spreadsheets for your forecasting when Forecast 5 is at your fingertips?

Massive audit failures, a record fine, and a suggestion

Going Concern Assessments - Use the right forecasting tools for the job!

Quick, Responsive Forecasts and the Going Concern Assessment

Are preparing consolidated forecasts causing a bit of a sweat?

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