Articles - DAC Beachcroft

Articles by Rebecca Smith

Accountancy Newsletter - July 2020

Accountancy Newsletter - July 2020

  The FRC exercises Foresight – KPMG Decision Notice shows a radical development in FRC enforcement       The FRC has recently sanctioned KPMG i ...

FRC announces Principles for Operational Separation of audit practices

FRC announces Principles for Operational Separation of audit practices

On 6 July 2020 the Financial reporting Council (FRC) announced the road map for the Big 4 Accountancy firms to achieve operational separation for thei ...

Disguised Remuneration Schemes and The Loan Charge- Are Accountants Exposed?

Disguised Remuneration Schemes and The Loan Charge- Are Accountants Exposed?

Accountants have been facing claims for a while because of their previous involvement in disguised remuneration schemes looking to reduce income tax a ...

“Is it time to build a new house?” Financial reporting – a new era beckons for professionals, directors and their insurers.

“Is it time to build a new house?” Financial reporting – a new era beckons for professionals, directors and their insurers.

Two significant publications at the end of 2018 seem likely to transform financial reporting and its regulation. Looking at both increasing competiti ...

Accountancy Newsletter March 2019

Accountancy Newsletter March 2019

DAC Beachcroft's Accountancy newsletter features topical news and insights for our clients and contacts.

Relief for Pension Trustees facing tax liability

Relief for Pension Trustees facing tax liability

M v St Anne's Trustees Limited (June 2018) – In the Court of Appeal in Guernsey DAC Beachcroft and Carey Olsen acted for the trustee in this successfu ...

FCA's first referral to the CMA

FCA's first referral to the CMA

The Financial Conduct Authority (FCA) has serious concerns over the way the £7tn UK asset management sector operates. Therefore, in September 2017, th ...

Trust Busting

Trust Busting

In a world where the creation of schemes to exploit loopholes in global tax laws causes social uproar about 'hiding money' (the leaking of the Panama ...

Accountancy Newsletter May 2017

Accountancy Newsletter May 2017

DAC Beachcroft's Accountancy newsletter features topical news and insights for our clients and contacts.

When professional duties go beyond the terms of engagement

When professional duties go beyond the terms of engagement

The recent High Court case of Denning v Greenhalgh Financial Services Limited held that the extent of the defendant's duty was determined by the terms ...