Between the devil and the deep blue sea

Article Abstract:

The expected passage in 1987 of the Finance Services Act in Britain will deregulate the financial services industry, at the same time that many British government agencies (including the Department of Trade and Industry, the Securities and Investments Board, and the Bank of England) are attempting to further regulate the accounting profession. Under two laws passed in 1986, the Building Societies Act and the Financial Services Act, and along with the proposed Banking Bill, the roles of British auditors will expand, making them report to governmental agencies more frequently and not always with their clients' foreknowledge of the report(s) filed. British auditors are increasingly being required to report to regulatory agencies directly, which is having adverse effects on their client relationships and is redefining the duties of the public auditor.

Financial services industry, Financial services, Auditing, Deregulation

---

A business of my own

Article Abstract:

Young accountants who went on to start their own businesses shared their experiences with accountants who want to start their own business. The entrepreneurs suggested that new businessmen should know what skills they need to bring to a business with them, and they should know what experts they will need to run the business. The reasons for wanting to start a business include the financial rewards and the decision-making freedom.

Analysis, Planning, New business enterprises, Startups, Capitalists and financiers

---

Specialisation: what it's really like

Article Abstract:

Chartered accountants who specialize in a certain area of accounting in a public practice find they have many opportunities open to them in the areas of tax insolvency, audit, and management consultancy. Specialization is beneficial because it allows accountants to learn to be capable in a specific area, without having to leave the valuable community of the accounting firm.

Accounting, auditing, & bookkeeping, Management, Career development

Similar abstracts:

• Abstracts: What the members want. A single market for audit. The changing role of the Institute as regulator
• Abstracts: What to buy and why. The best of both. Still grateful but not humble
• Abstracts: Framework for the preparation and presentation of financial statements
• Abstracts: Extending the external validity of the FITD effect to the industrial marketplace. The size and composition of the buying firm's negotiation team in rebuys of component parts
• Abstracts: The equilibrium valuation of risky discrete cash flows in continuous time. The valuation of sequential exchange opportunities

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.