Displaying 1-21 of 21 results
One in three audit committee chairs ‘concerned’ about detection of financial distress
- Article
- 06 Dec 2024
- ICAEW Insights
While most audit committee chairs are satisfied with audit quality, a third have concerns about auditors’ ability to identify going concern issues and signs of financial distress.
British Business Bank launches Recovery Loan Scheme successor
- Article
- 12 Jul 2024
- ICAEW Insights
Running until 31 March 2026, the new Growth Guarantee Scheme aims to support small businesses by offering loans of up to £2m, with 70% government-backed guarantees.
Corporate insolvencies soar to highest level in three years
- Article
- 02 May 2023
- ICAEW Insights
High borrowing costs and inflation are weighing heavily on businesses, official figures suggest.
The future of company restructuring tools
- Article
- 30 Aug 2022
- ICAEW Insights
Company Voluntary Arrangements and Restructuring Plans are important weapons in the insolvency practitioner’s armoury. Insolvency specialist Elaine Nolan explains how they look set to evolve following some seminal judgments.
The future of the insolvency profession
- Article
- 30 Aug 2022
- ICAEW Insights
The insolvency profession is poised to benefit from the growing need for business turnaround and insolvency expertise. However, the profession is at a crossroads due to regulatory upheaval and recruitment and skills challenges.
Avoiding insolvency: advice for directors
- Article
- 23 Aug 2022
- ICAEW Insights
There are several warning signs that a business may be in distress. Fortunately seeking help early from insolvency experts and understanding insolvency law and recent changes to it can help to avoid business failure.
Corporate and personal insolvency: a mixed picture
- Article
- 12 Aug 2022
- ICAEW Insights
With the end of COVID-19 support measures, the true picture of insolvencies is beginning to emerge, with corporate insolvencies rising at their fastest rate since 2012, but individual insolvencies lower.
Managing finance professional supply and demand
- Article
- 16 Aug 2021
- ICAEW Insights
Career coach for financial professionals Oliver Deacon discusses the difficulties around hiring senior financial staff to bolster business recovery and growth. Including how to negotiate inflated salary demands.
From chartered accountant to CFO at ClearScore
- Article
- 12 Aug 2021
- ICAEW Insights
From chartered accountant in restructuring, turned business lender, to the CFO of ClearScore - Guy Buckley-Sharp exclusively unpicks his unconventional career path to lead the finance team at a household business.
ICAEW technical round-up: May 2021
- Article
- 25 May 2021
- ICAEW Insights
This month’s top technical stories on ICAEW Insights include new guidance on mini-umbrella companies, information on repaying Bounce Back Loans and new powers to ban directors who dissolve companies to avoid repaying government support.
Powers to ban unfit dissolved company directors extended
- Article
- 17 May 2021
- ICAEW Insights
The Insolvency Service is set to gain new powers for cracking down on directors who dissolve companies to avoid repaying government support monies.
Business recovery: these are people we’re dealing with
- Article
- 20 Apr 2021
- ICAEW Insights
Out of necessity, insolvency practitioners are focused on compliance and best practice. But their interactions with people who have built businesses are often deeply personal – this is why empathy is vital when advising those involved in a business in distress.
Business rescue: are zombie companies on the rise?
- Article
- 15 Apr 2021
- ICAEW Insights
There are a high proportion of zombie companies in the UK. The COVID-19 pandemic has created the perfect environment to create more.
Business rescue: Hong Kong still waiting for a moratorium mechanism
- Article
- 13 Apr 2021
- ICAEW Insights
Despite a tough period for businesses in Hong Kong the introduction of a corporate rescue procedure remains elusive, says Johnson Kong, Managing Director at BDO Hong Kong
The painful reality of a CVA
- Article
- 09 Apr 2021
- ICAEW Insights
Managing director of Perfection Alloys, Fraser Dick, speaks about how hard decisions and empathy from his insolvency practitioner helped his business successfully weather insolvency.
Using audit skills to help businesses in trouble
- Article
- 08 Dec 2020
8 December: In these uncertain economic times many organisations will be looking for support in restructuring their business. Ryan Grant, partner at BDO, says accountants looking for a new challenge can use their skills to make a difference and develop their career.
A green recovery: business after COVID-19
- Article
- 15 Sep 2020
15 September 2020: Being clear about the objectives of a green recovery is vital to ensure actions lead to desired outcomes. Here, Michael Holder looks at the business angle
The secret life of a CFO during restructuring
- Article
- 07 Jul 2020
8 July 2020: What really happens behind the scenes when a company enters administration and restructures? A senior CFO describes the good, bad and ugly of trying to turn around a failing company in a new fly-on-the-wall ICAEW webinar.
Exclusive
The business administration process
- Article
- 10 Apr 2019
- Padraig Floyd
Business is easy – as long as your assets exceed any liabilities. But what happens when they don’t? Pádraig Floyd explores the unsettling subject of administration.
Exclusive
Company voluntary arrangements
- Article
- 10 Jan 2017
- David Adams
David Adams considers whether a Company Voluntary Arrangement really is the best course of action for companies on the brink of collapse.
Exclusive
Five steps out of failure
- Article
- 07 May 2014
- Christian Doherty
Richard Close recently spoke to Finance & Management Faculty members about his long experience in turning around failing businesses. Here, Christian Doherty summarises his five-point plan for achieving success
Displaying 1-21 of 21 results
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