May 27, 2017

The potential intangible asset valuation issue with the proposed Co-op Bank sale

The Co-op Bank is inviting bids for all of its issued ordinary share capital. This well-known, long-established and familiar high street bank (owned 20/80 per cent by the Co-operative Group and institutional investors respectively) is promoting itself for sale. Given its difficulties over the last few years, this might prove to be a tricky disposal. […]

Brexit: businesses face a series of issues whilst driving blind

The much-talked-about Brexit is certain to impact business life in the UK. Whether you were a “leaver” who voted to exit the European Union or a “remainer” who voted to stay and preserve the status quo no longer matters as the UK Government seeks to implement Article 50 to start the process in the next […]

Defined-benefit pension fund deficits: Who is responsible and who pays for them?

Following the recent collapse of the UK department store British Home Stores (BHS), this topic is again in the media spotlight. Under these schemes, also known as ‘final salary pension schemes’, employee members are entitled to particular benefit levels, predetermined by a formula linking the employee’s salary history, age, length of service and final salary […]

Fuel for thought?

Embed from Getty Images It’s been called many things so far, but ‘Diesel Dupe’ and ‘Dieselgate’ are among the more common monikers given to the Volkswagen (VW) emissions scandal. Germany’s VW is the second largest car maker in the world, behind Toyota. It owns Audi, Seat and Skoda and luxury brands such as Bentley and […]

When is revenue not revenue?

  One of the accounting challenges that face businesses is the timing of the recognition of revenue – exactly when can revenue be recognised in the income statement. The answer to that question is crucial as it has a huge impact on when profits are earned and reported to shareholders. For some sectors – like […]

The Price isn’t just right!!!

Do you know that supermarkets could be throwing away millions of pounds in revenue? Do you know why? Well it’s because they may not be pricing their products correctly. It is estimated that UK and US consumers spend 9.4% and 6.1% of household total expenditure respectively on grocery products. Yet despite this significant share of […]

Financial fantasies in football

Why is it that Football clubs think that they are immune to the effects of continuing operating losses? In every other private sector business, it is understood that losses cannot be sustained indefinitely. Continuing financial losses lead inevitably to job losses, cuts in salary costs and sometimes complete closure, but not in football apparently? #146275737 […]

University without walls!

20 November 2014 and it’s EBS graduation day again. Today we have four new DBA graduates bringing to 35 the number from the programme since its inception.  26 of the 35 have graduated in the past couple of years as the DBA has gathered pace. Today’s four graduates come from South Africa, Hong Kong, the […]