Author Archives: admin

Whose bank account is it anyway?

Posted on August 24, 2011 by admin

Many bank customers might be very pleased to find that cheques aren’t going to be abolished. Continue reading →

Posted in Accounting and Bookkeeping, Accounting in the Economy, Bank Accounting | Tagged Cheque Guarantee Scheme, cheques, clearing, House of Commons Treasury Committee, Payments Council | Leave a comment

The cost of lending books

Posted on August 9, 2011 by admin

‘Future Libraries’ does not take us very far towards the future of the library service. Continue reading →

Posted in Accounting in education, Accounting in the Economy | Tagged books, Future Libraries, Libraries, Local Government Group | Leave a comment

IMF’s Limited Financial Wisdom

Posted on August 3, 2011 by admin

The IMF review of the UK economy stops short of recommending real change in UK economic policy or the banking system. Continue reading →

Posted in Accounting in the Economy, Audit and accounts, Bank Accounting, Financial Statements | Tagged Financial Policy Committee, FPC, FSA, IMF review, International Monetary Fund, OECD | Leave a comment

Government IT projects: an institution of failure

Posted on July 28, 2011 by admin

The Public Administration Committee explores the persistent failures of government IT projects. Continue reading →

Posted in Accounting in the Economy | Tagged benchmark, Chief Information Officer, government IT, Public Administration Committee, Senior Responsible Owner, SRO | Leave a comment

Macmillan accounts for its misdeeds

Posted on July 22, 2011 by admin

The investigation into Macmillan Publishers Ltd offers a lesson in how to deal with a corruption crisis. Continue reading →

Posted in Accounting and Bookkeeping, Accounting in education, Audit and accounts, Bookkeeping, Financial Statements | Tagged Macmillan Publishers Ltd, News of the World, Serious Fraud Office, SFO, World Bank | Leave a comment

Auditing the tax man

Posted on July 13, 2011 by admin

The National Audit Office report on Her Majesty’s Revenue & Customs is a disaster waiting to happen. Continue reading →

Posted in Accounting in the Economy, Audit and accounts | Tagged Her Majesty's Revenue & Customs, HMRC, NAO, National Audit Office, NPS, PAYE, real time information, RTI, tax credits | Leave a comment

Accounting for tabloid stories

Posted on July 8, 2011 by admin

Press freedom is essential except when it comes to paying for information. Continue reading →

Posted in Accounting and Bookkeeping, Accounting in the Economy, Audit and accounts, Bookkeeping, Financial Statements | Tagged false accounting, News of the World, police bribery, press freedom, tabloids, telephone hacking | Leave a comment

The government with certain students at its heart

Posted on July 1, 2011 by admin

It is difficult to imagine that anyone in the coalition government, let alone at the Department for Business, Innovation and Skill (BIS), ever believed that allowing universities to charge up to £9,000 per year for their courses would create a competitive … Continue reading →

Posted in Accounting in education | Tagged BIS, Business Innovation Skills, HEFCE, Higher Education Funding Council, Students at the Heart of the System, White Paper | Leave a comment

Default and Survive: calling in the Greek debt

Posted on June 24, 2011 by admin

There is only one way out of the fiscal crisis for Greece. Continue reading →

Posted in Accounting in the Economy | Tagged economists, Euro, Greek crisis, IMF, PIGS | Leave a comment

Ring-fencing is an accounting issue

Posted on June 15, 2011 by admin

Sensible accounting methods could be an important part of ‘ring-fenced’ banking reform. Continue reading →

Posted in Accounting and Bookkeeping, Accounting in the Economy, Audit and accounts, Bank Accounting | Tagged ICB, Independent Commission on Banking, mark to market, ring-fencing | Leave a comment