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Insights into IFRS: KPMG's Practical Guide to International Financial Reporting Standards

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KPMG International



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4Vote!

KPMG's £1m a month to strip Dunfermline

CONSULTANTS are earning £1 million a month – or up to £500 an hour – while selling off the assets of Scotland's former leading building society, leaked papers have reveal

3Vote!

Gripes and moans about the Digital Bill

The internet was alive with the Digital Britain bill yesterday. The main conclusion it seems was that most in the digital and media professions are not happy with it. There is a good synopsis by KPMG’s director of intellectual property Mark Harding over at Paid Content . His main gripe being that there appears to be too much focus on policing the net rather than promoting digital enterprise and...

5Vote!

Job hopping managers in the NHS

Lions led by Donkeys - the modern NHS healthcare worker Where the troops died in the trenches of WW1 and Britain stood alone against Europe, patients now die in the beds of the NHS The NHS was set up to provide medical care for the working people of this country. Its purpose, to help people recover from illness without being concerned about medical bills and get back to work. The NHS has become the...

7Vote!

Another 1,900 jobs to be cut at Threshers

The Administrators of Threshers' owner First Quench announced another swath of store closures and more than 1,900 job losses yesterday. KPMG said 381 stores would close with the loss of 1,908 jobs, while a further 34 staff would go at the off-licence group's head office.

3Vote!

GreenBeat: Big thank you and media roundup

Thanks to everyone who made it out to GreenBeat 2009 yesterday and Wednesday! We were thrilled with the turnout, and couldn’t be more grateful for all the support we received from attendees, speakers, sponsors and the press. It’s clear that the Smart Grid has gained the momentum it needs for serious work to be done, and we are excited to play a big role in this conversation going forward....

5Vote!

Our new Dutch overlords

RTE says that a team from KPMG Netherlands office is doing an assessment of Anglo Irish Bank’s options, with one option apparently being a wind down. At some point we’ll have to do a complete list of Brian Lenihan’s statements about Anglo Irish over the last 14 months, but it has gone from being solvent [...]

3Vote!

Friday 20 November 2009

Late start today – I drove Anne to Bristol airport to catch a flight to Toronto (via Newark). She’s visiting her brother and relatives over there for a week. I’m pleased as I felt guilty that I was able to take the trip to New Zealand in September to speak to local authorities there, and of course Anne stayed behind; so this will make it right. Honey will go into kennels for the week,...

3Vote!

Given no 2009 feasibility study of AY after changes, DDDB calls for new PACB review of project financing

Atlantic Yards Report Develop Don’t Destroy Brooklyn (DDDB) has sent a letter to State Comptroller Thomas DiNapoli, State Senator Bill Perkins, and Assemblyman Richard Brodsky (chairs of the respective committees on public authorities) arguing that the Public Authorities Control Board (PACB) needs to convene and vote on whether to approve the Atlantic Yards project’s financing. Crucially,...

5Vote!

Anglo hires KPMG to cost options including wind-up

STATE-OWNED Anglo Irish Bank has hired consultants from the international headquarters of accountancy firm KPMG in Holland to cost various options facing the bank, including the winding down of the lender over time.

3Vote!

GreenBeat: Locust, CPower tie for grand prize in Innovation Competition

The winners of the inaugural GreenBeat Innovation Competition — a survey of the most promising technologies and companies working toward a cleaner, more efficient grid — were just announced following four-minute presentations from the top eleven finalists (”eleven is the new ten”). Locust Storage, while launched its innovative storage system today, and demand response provider...

8Vote!

Workers act to avoid business closures

Unpaid overtime and leave are commonplace as 53% of workers say they have helped keep their employers afloat More than half of UK workers have taken some form of action to help their employers survive the recession, according to research published today. The survey reveals the extent to which workers have engaged with employers to stave off job losses and company closures. Unpaid overtime is the most...

3Vote!

SMURFIT-STONE Bankruptcy News, Issue No. 18

( EMAILWIRE.COM , November 18, 2009 ) FAIRLESS HILLS, Pa. -- Bankruptcy Creditors' Service, Inc., published Issue No. 18 of SMURFIT-STONE BANKRUPTCY NEWS today. The 36-page newsletter contains stories with these headlines: 00416 DEBTORS' MOTION TO ENTER INTO CIT SETTLEMENT AGREEMENT 00417 DEBTORS' MOTION TO ENTER INTO BHS SETTLEMENT AGREEMENT 00418 DEBTORS' MOTION TO SEAL REQUEST TO ABANDON i2i STOCK...

9Vote!

Bonuses spark white collar crime wave

Middle managers admit to fraud to offset pay freezes and bonus cuts A "cappuccino crimewave" of middle managers stealing from their employers was sparked by extravagant bonuses paid to their bosses and the desire to maintain living standards in the recession, according to a new report. A study by accountants PricewaterhouseCoopers found that middle managers were increasingly involved in...

3Vote!

Testimoney on Mangaung forensic report continues

A forensic auditor at KPMG on Wednesday continued to testify in the Bloemfontein High Court on a report on the financial dealings of business entities linked to former Mangaung mayor Pappie Mokoena and his wife Granny.

3Vote!

Green Buildings Do Double Duty: Reduce Energy Use, Lower Financial Risk

The potential for energy use reductions in old and new buildings is significant, according to a report from KPMG. The study finds that energy consumption in buildings can be cut by 30 to 50 percent and still produce a positive return on investments. Plus, real estate groups can get a business boost from green buildings [...]