For those involved in running businesses in the property industry, there are various accounting regulations which need to be followed, covering a number of different areas of accounting, but having a good record keeping system will be a huge step towards ensuring you are compliant with those regulations.
Tim Levey, Partner and Head of Business Advisory, runs two groups of Business Leaders in Kent. One of the group members recently posed the following ethical question:
“One of our staff complained that a Manager was making inappropriate comments on social media to her. He’s a very good employee. She’s much younger and is a bit flaky. She quite often goes off ill and doesn’t always tell the truth. The conversation started off fairly ok and had been going on a while. He asked her if she wanted to go out for a drink. She interpreted it as everyone going out and kind of ignored it but didn’t outright cut the conversation off. He would then text late at night and was quite persistent then it digressed into what she was wearing.”
I recently attended the Schools and Academies Show in London and sat in one of the sessions presented by the Information Commissioner’s Office (ICO) who provided an update on how the last 12 months have been for schools since GDPR came into force.
Below are some of the key points that schools should be considering one year on.
Capital funding for academy trusts is in short and sharp supply. Every academy school receives an annual allocation (Devolved Formula Capital) but this is simply designed for maintenance of buildings and small capital projects.
Together with ASB Law and Barclays, we hosted our quarterly manufacturing forum where there were over 30 attendees. The aim of the forum is to focus on matters and events that have bearing on the manufacturing sector and to provide insights and information to our attendees.
On Wednesday 15 May members of our online accounting team hosted a stand at the Business Vision Live exhibition at the Kent Event Centre. The team held a poll across the day which asked attendees what accounting software they are currently using. The results mirror market trends by indicating that Quickbooks (33%) and Xero (21%) are the most used products amongst businesses.
We have strengthened our Corporate Finance team with the appointment of Tanya Yeremenko. Tanya brings to the team considerable expertise in both UK domestic and cross border corporate finance transactions.