In a series of blogs for Charity Fraud Awareness Week, our Head of Charities and member of the Charity SORP Committee, Jenny Simpson, looks at payment fraud and what you can do to protect your charity against it. Today she looks at expenses fraud; The circumstances surrounding the fraud Over the course of a…
In the second of a series of blogs for Charity Fraud Awareness Week, our Head of Charities and member of the Charity SORP Committee, Jenny Simpson, looks at payment fraud and what you can do to protect your charity against it. The circumstances surrounding the fraud The Finance Director of a charity defrauded the organisation…
In a series of blogs for Charity Fraud Awareness Week, our Head of Charities and member of the Charity SORP Committee, Jenny Simpson, will give examples of frauds perpetuated against charities and what you can do to protect your charity. Today she looks at a fraud involving stolen assets; The circumstances surrounding the fraud The…
Wbg, Accountants and Business Advisers say that some mini-Budget measures for businesses have been obscured by Chancellor Kwasi Kwarteng’s plan and subsequent U-turn on the proposed removal of the 45p income tax rate, paid by those earning more than £150,000 a year in England and Wales. While First Minister Nicola Sturgeon made it clear last…
Today’s (30.09.22) reduction of the limit for sequestration proceedings from £10,000 to £5,000, has prompted Wbg, Accountants and Business Advisers, to forecast a flurry of activity for some creditors to recover monies who have had to wait or given forbearance through the pandemic. The increase in the limit from £3,000 to £10,000 following the initial…
Wbg, Accountants and Business Advisers, has launched a pioneering in-house Training Academy for all entry-level employees with the aim of equipping them with a comprehensive range of knowledge and skills to further develop their careers. Developed and headed by Helen Moreland, HR Director and Laura Smith, Partner in the Business Advisory Services department at Wbg,…
Wbg, Accountants and Business Advisers, has advised hospitality sector operators to plan and project to survive or exit a perfect storm of increasing energy bills just as winter approaches, higher supply and staffing costs, and a fall-off in consumer spending, squeezed by inflation. While Prime Minister Liz Truss has announced that businesses will see their…
In our latest blog, our Head of Charities, Jenny Simpson, explores the roles and responsibilities of external auditors and trustees regarding going concern; One of the most frustrating parts of the role of an external auditor is in relation to going concern. It is the area most likely to result in a difficult conversation with…
Wbg, Accountants and Business Advisers, has suggested the Scottish Government Resilience Committee could consider a review of Scotland’s income tax rates to help mitigate the impact of the cost-of-living crisis currently affecting people and businesses. Chaired by the First Minister, the Scottish Government Resilience Committee has said it will consider urgently all options within devolved…
Wbg, Accountants and Business Advisors, has been appointed as liquidator of Worksmart Contracts. Based in Kilmarnock with a 24-strong workforce, Worksmart is a leading commercial interior fit-out and refurbishment contractor for clients operating across a wide range of industrial sectors, including the Scottish Government. Commenting on the appointment, Wbg Managing Partner Donald McKinnon said: “Following…
