Wednesday, November 17, 2010

Refusing to take a long term view?

During his speech at the ICAEW's Hardman lecture last night David Gauke, Exchequer Secretary to the Treasury commented on the list of over 1,000 tax reliefs so far identified by the Office for Tax Simplification.
"Who'd have thought there were that many. And now we need to consider whether we need to keep them all."
David continued:
"Among those reliefs is Millenium Gift Aid. I'm all for taking a long term view, but do we really need a relief that won't be relevant again for another 990 years?!"

PriceWaterhouseCoopers is no more

They are now officially PwC.

Better than the abbreviation that some used when Price Waterhouse first merged with Coopers & Lybrand:

Poopers!

Thursday, November 11, 2010

Making the case for accountants to help with sustainability

This video is so well scripted it warrants a place on this blog, despite its serious message.
It features the ubiquitous Stephen Fry as the voice of the earth and encourages accountants to do more to aid sustainability.

Tuesday, November 09, 2010

A dozen laws of accountancy that weren't covered in your studies

Trial balances don’t. (Not always, anyway) Working capital does not. (Work, that is) Liquidity tends to run out. (Faster than you thin...