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News / Company news

News

US stock options rule under fire

Leading IT companies are demanding that the Financial Accounting Standards Board, the US standards body, drop or water down plans to force companies to expense stock options.

20 Sep 2004

News

Microsoft plans to pay $32bn dividend

Microsoft announced in July that it will pay out $32bn through a one-off special dividend of $3 per share in December this year pending shareholder approval in November.

23 Jul 2004

News

Ebbers to face WorldCom fraud charges

Bernie Ebbers, the former chief executive of WorldCom, has been charged over the $11bn (£6bn) accounting scandal that engulfed the telecoms operator in 2002.

03 Mar 2004

News

Equitable Life case to go to Europe

Equitable Life policyholders will take their fight for compensation to Europe should the government's response to the Penrose report prove unsatisfactory.

23 Feb 2004

News

Ousted MyTravel FD gets huge payoff

The former finance director of MyTravel received a £606,000 payoff from the embattled tour operator despite it running up pre-tax losses approaching £1bn last year.

04 Feb 2004

News

Andersen soon to be AIMless

Andersen will cease to be a Nominated Advisor (NomAd) for companies listed on the London Stock Exchange's fledgling market, the Alternative Investment Market (AIM), if the embattled Big Five firm's proposed merger with Deloitte & Touche goes ahead. But Andersen have only just got round to discussing the implications of the merger with its AIM clients.

30 Apr 2002

News

Worldwide economic recovery on the cards

The world economy has shown encouraging signs of recovery over the past three months, according to the Deloitte & Touche Economic Review.

23 Apr 2002

News

Eurozone lags behind on corporate governance

In the UK high standards of corporate governance are widespread but in Europe best practice is still developing, according to a recent survey.

11 Mar 2002

News

Financial directions - UK FDs split on introduction of euro

Opinion about the introduction of the euro is polarised among UK finance directors, according to an Accountancy Age survey.

14 Jan 2002

News

Call to devalue yen

Devaluation of the yen by more than 10% could be a solution to Japan's economic problems, says Credit Suisse First Boston.

08 Jan 2002

News

Financial bites

Railtrack FD David Harding; BHP Billiton chief executive Paul Anderson; Andersen chief executive Joseph Berardino; Jeff Randall, business editor of the BBC

05 Jan 2002

News

Euro wariness increases

UK business is still wary of the euro, according to two new surveys.

05 Jan 2002

News

Arrival of euro could hit cashflow

Only a third of corporates were ready when the euro was introduced yesterday. Maybe they thought e-day would be a lot like Y2K - but their accountants wouldn't agree.

02 Jan 2002

News

Stakeholder data increase.

FTSE-100 companies are making strides in reporting on the social impacts of their activities, with 79 publishing information on the web or through reports on social issues relating to their business, says Environmental Resources Management.

01 Jan 2002

News

No plans on standards

There is mixed progress towards convergence of national requirements with International Accounting Standards, according to a survey of 62 countries by GAAP 2001.

29 Dec 2001

News

Economics - European growth a silver lining.

The US and Asia are likely to be pushed into full recession after the events of 11 September - but Europe should still escape.

25 Oct 2001

News

Insight interview - Cider house's new rules.

Bulmer has 68% of the British cider market, so it doesn't look like a company that needs to worry about the future. But, at just Pounds 225m, Bulmer Holdings, the plc which encompasses the Hereford operation, wholesale activities and an international business, is a small- to medium-cap company in a market where analysts are focusing on the big boys. The message from analysts was blunt: get taken over, go private - or grow.

25 Oct 2001

News

Insight - Business as usual in New York.

A recent report finds that the New York Stock Exchange recovered well from the terrorist-inflicted disaster that struck it in September.

25 Oct 2001

News

Charities - All change - not small change.

Like their cousins in the corporate world, big charities have to evolve rapidly to keep up with the pace of new regulations, global competitors and mergers. And, for their finance functions, the most important task is raising standards - not cash.

25 Oct 2001

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Financial Director Summit 2012

The Financial Director Summit 2012 will provide a unique platform in which to share, compare and contrast experiences whilst learning and networking with peers

Latest Opinion

Business' best friend

Finance people must be the critical friend of business, writes CIMA's John Windle

Cutting electronic systems down to size

To be more competitive, we need far less management in companies, government and our electronic systems

Markets are too addicted to repeated doses of cheap cash

Large injections of liquidity by the major central banks have played a key role in underpinning recent bouts of optimism, but danger is still lurking in the shadows

Latest Analysis

Practical implications of a GAAR

The lack of certainty may inhibit many arrangements which are currently felt to be part of everyday planning, writes Owen Clutton

IAS 39 problems flare up again

Pirc is advising shareholders to vote against Barclays’ annual report. Richard Crump finds out why

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