Margin

Outmin names ex-PwC Ireland head as chair

Outmin, an intelligent bookkeeping start-up that automates financial data production and eliminates manual data entry, has announced the appointment of Feargal O’Rourke, current IDA chairman and former managing partner of PwC Ireland, as chairman of the board. According to Outmin, O’Rourke brings a “unique perspective from decades at the forefront…

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Compliance is changing — should accountancy firms still offer company secretarial services?

For a long time, company secretarial work has been one of the jobs done quietly in the background of many accountancy practices. It’s not flashy, but it’s familiar, makes clients’ lives easier and is an easy bolt on to the core services. But with regulatory changes kicking in and the…

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Interpath appoints director to Value Creation team

Interpath has appointed experienced finance transformation specialist Clair Green as the firm continues to expand its Value Creation team. Green has almost 25 years’ experience and joins Interpath as a director to further grow the firm’s finance transformation offering, including Enterprise Resource Planning implementation, target operating model design and process optimisation. …

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Failure rates amongst startups at lowest level in a decade, PwC finds

The failure rate of new businesses relative to total insolvencies is said to be at its lowest level for more than a decade, according to new analysis from PwC. In 2024, startups accounted for 46% of total company insolvencies, the lowest proportion in a decade by a large margin, when the…

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Economy unexpectedly grows by 0.1% in Q4

Britain’s economy unexpectedly grew in the final quarter of 2024, according to new figures from the Office for National Statistics, easing pressure on chancellor Rachel Reeves.Gross domestic product (GDP) rose by 0.1% in the fourth quarter of 2024, after zero growth the previous quarter, beating forecasts of economists and the…

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Business optimism falls to two-year low, Deloitte finds

Business optimism fell to a two-year low in the fourth quarter, according to Deloitte’s latest survey of UK chief financial officers (CFOs). A net 26% of CFOs reported feeling more pessimistic about the prospects of their business than three months ago, marking the first time sentiment has tipped into negative…

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What key factors will drive the finance sector in 2025? 

2024 has been a tumultuous year around the world, with billions of people, from the US to India to Ireland, the UK and beyond, all going to the polls. And whilst the full impact of the results are yet to be seen, in the face of any predicted change, it…

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What the ‘right to switch off’ could mean for financial services

The UK Government’s proposed Employment Rights Bill, which includes a ‘right to switch off,’ is stirring considerable debate across many sectors, with accountancy firms standing to be particularly affected. As the government explores measures to ensure workers can properly disconnect outside of working hours, there are growing concerns about the…

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Essential KPIs for CFOs and how to measure them

Key Performance Indicators (KPIs) are critical for CFOs to monitor and assess the financial health and performance of an organisation. By tracking these metrics, CFOs can make informed decisions, optimise financial strategies, and ensure the company’s long-term success. Revenue growth Revenue growth is a fundamental KPI for CFOs, reflecting the…

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Today’s news in brief – 7/6/2024

Elman Wall, a travel industry accountancy firm, has rebranded to Xeinadin following a two-year transformation backed by Exponent’s investment. The rebrand aims to enhance the firm’s services, particularly in travel VAT and the Tour Operators Margin Scheme (TOMS), while also expanding expertise in R&D tax credits, corporate finance, and cloud…

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