No escape

Article Abstract:

Andrew Sinclair-Day, business development manager for accounts production with Sage, observes that IFRS is the biggest thing ever to hit accountancy but its effect on most of the UK's accounting practitioners is minimal. While only listed companies are required to make the transition for consolidated accounts by first January 2005, AIM companies have until January 2007 to switch and the future for non-FRSSE unquoted companies remains uncertain.

Legal issues & crime, Government regulation (cont), Government regulation, Regulation, Licensing, and Inspection of Miscellaneous Commercial Sectors, Legal/Government Regulation, Reporting & Disclosure, Accounting Services Regulation, Financial Regulation & Reporting, Interpretation and construction, Laws, regulations and rules, Accounting law, Financial disclosure

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In safe hands

Article Abstract:

The widespread availability of software and systems that can simplify the associated procedures and reduce costs has led compliance work to become increasingly commoditised. This frees practitioners of some of the repetitive tasks that under-utilize their expertise and skill, and enables them to focus on providing premium value-added services.

Usage, Technology application, Accounting software, Integrated accounting software

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Do or die

Article Abstract:

Accountants are advised to adapt they way they work in order to keep up with the growing trend towards e-business.

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