July 2016 - Emile Woolf writes

My Letter to The Times 18/7/2016

This letter and my article in June 2016 “Accountancy” was followed by the interesting correspondence referred to in my posting of 10th December 2016.   Sir Fat-Cat Pay – the cause On July 11 you published an article by Theresa May in which she highlighted the anomaly of the FTSE trading at the same level […]

Read More…

Economic Perspectives 1 – The Deficit Myth

Surpluses & deficits are hotly debated – but what about the currency? Much has been made of Britain’s current account deficit, which is the amount by which our imports of goods and services exceed our exports. It is a situation that protectionists would love to “do something about”, such as resorting to tariffs in order […]

Read More…

Audit Committees: coming of age

Governance is more than regulation, which is its servant. Every public interest entity (‘PIE’), operating for the benefit of stakeholders and employees, functions within a regulatory structure that balances operational freedom, risk and cost. Finding and maintaining a lasting balance between these potentially competing elements is the province of good governance, and ensuring its effectiveness […]

Read More…