Blog tagged as current affairs

Budgeting for 2025

And with all the changes wrought on the UK economy by “Rachel from Accounts” we have to be very nimble to keep ahead of what we anticipate will be a rapidly moving situation. Most commentators are expecting declining growth – we can only hope we can avoid the spectre of two quarters of zero growth, ...

29.12.24 06:32 AM - Comment(s)

Lord David Pannick rides to the rescue of Independent schools

By Stephanie

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)

Surviving the School Fees VAT Raid

By Caroline

Independent Schools face a 20% VAT hike in January 2025. See how Forecast 5 can help Bursars plan and make data-driven financial decisions quickly and accurately.

20.09.24 01:18 AM - 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)

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)

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Blog tagged as current affairs

Budgeting for 2025

Lord David Pannick rides to the rescue of Independent schools

Surviving the School Fees VAT Raid

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

How Forecast 5 can help you manage your organisation

Massive audit failures, a record fine, and a suggestion

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

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