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Wbg says ‘patient capital’ opens up private equity to SMEs

Wbg, Accountants and Business Advisers, says that the development of ‘patient capital’, together with ‘buy and build’ and ‘hub and spoke’ investment models, are making SMEs more attractive for private equity firms. Last year saw £895m invested into businesses in Scotland by PE firms, a strong increase on previous years, according to a report from…

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How Trustees Can Demonstrate Sound Financial Governance

This Trustees’ Week, our Head of Charities, Jenny Simpson, revisits her thoughts on the most common governance issues seen in charities.  First published in 2018 the issues remain the same today. The final blog looks at the financial information that Trustees need in order to demonstrate sound financial governance of their charity; Managing a charity’s…

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Governance Processes To Consider When Appointing Trustees

In the penultimate of a series of blogs for Trustee Week, our Head of Charities, Jenny Simpson, revisits her thoughts on the most common governance issues seen in charities.  First published in 2018 the issues remain the same today; Finding people willing to serve as Trustees is as difficult as ever and today we look…

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‘Fit & Proper Persons’ Requirement for Charity Status

In her third blog for Trustee Week, our Head of Charities, Jenny Simpson, revisits her thoughts on the most common governance issues seen in charities.  First published in 2018 the issues remain the same today; The Finance Act 2010 introduced a new requirement for charities to be run by ‘Fit & Proper Persons’ in order…

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Conflicts of Interest and Related Party Transactions in Charities

In our latest blog, the second in a series for Trustees’ Week, our Head of Charities, Jenny Simpson, revisits her thoughts on the most common governance issues seen in charities.  First published in 2018, the issues remain the same today; Today we look at conflicts of interest and related party transactions. Section 66 of the…

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Trustees’ Attendance at Board and Sub-Committee Meetings

In our latest blog, the first in a series for Trustees’ Week, our Head of Charities, Jenny Simpson, revisits her thoughts on the most common governance issues seen in charities.  First published in 2018, the issues remain the same today; Today we look at attendance by Trustees at Board and Sub-committee meetings; Through our work…

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Latest News

Wbg appoints Senior Manager to growing Internal Audit team

Wbg, Accountants and Business Advisers, has appointed a Senior Manager to its burgeoning Internal Audit team. With significant experience of governance reviews and having been involved in a range of commissioned investigations, as well as risk, performance and finance reviews, Sue Brook joins the firm from her role as public sector audit manager at Grant…

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Wbg advises SMEs to adapt quickly to market forces and adopt automation

With record high inflation, soaring energy prices, and political instability all having a detrimental impact on SMEs, Wbg, Accountants and Business Advisers, is advising business owners to adapt quickly to market forces and adopt automation to help meet the challenges of the economic headwinds this winter. Mark Mulholland, partner in the firm’s Business Advisory department,…

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Protect Your Charity From Fraud

In the final of a series of blogs for Charity Fraud Awareness Week, our Head of Charities and member of the Charity SORP Committee, Jenny Simpson, gives an overview of the policies and procedures which may be appropriate to protect your charity from fraud. Whilst it’s impossible to fully protect your charity against all fraud…

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Fraud in Charities – Push Payment Fraud

Continuing in our series of blogs for Charity Fraud Awareness Week, our Head of Charities and member of the Charity SORP Committee, Jenny Simpson, is giving examples of frauds perpetuated against charities and what you can do to protect your charity.  Today she looks at push payment fraud; The circumstances surrounding the fraud The Chief…

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