Our experts provide their insights on the latest industry developments and share tips on accountancy and business matters.
26 May 2025
How to use cash flow modelling to plan for your family’s financial futureCash flow modelling was historically used by businesses to forecast future costs and income, looking at the assets and income of a company and measuring these against current and future liabilities. It is now also widely used as a useful tool for personal financial planning. Here, Peigi MacCrimmon explains in more detail.
20 May 2025
Navigating change: choosing the right approach for successIn today’s dynamic business landscape, change is inevitable. Yet, despite the constant need for adaptation, many organisations struggle to successfully implement change initiatives. Project failure rates remain high, with McKinsey reporting a staggering 70% failure rate for major transformations.
16 May 2025
Navigating MVLs in a changing tax environmentMembers Voluntary Liquidations (MVLs) remain a tax-efficient and effective way to wind up redundant companies, even with recent capital gains tax changes. Updates to HMRC processes in late 2023 have streamlined the process, but proper preparation of tax affairs remains crucial for a smooth liquidation. In this blog, we outline key considerations for directors planning an MVL and how our team can support you through the process.
16 May 2025
Taking the results of our Food & Drink survey on the roadAs a proud member of Food and Drink North East, and a longstanding supporter of the North East’s thriving food and drink sector, we were delighted to attend and present at ‘Room With A View: The State of The Sector Edition’ – the latest flagship event by FADNE and Johnston Carmichael. Here, Paul Shields reflects on the event.
15 May 2025
Walking the AI Tightrope – balancing the risks and rewardsThe AI market is expanding rapidly, with businesses and governments globally racing to harness its potential. Industry leaders like OpenAI, Microsoft, and Nvidia continue to innovate, while major public investments, particularly in the US, China, and Europe, underline AI’s growing geopolitical importance. Yet for businesses, AI adoption remains a balancing act between opportunity and risk. While AI promises significant rewards, from operational efficiency and enhanced decision-making to better customer experiences, it also presents challenges. Poorly designed models, biased data, and weak oversight can lead to costly mistakes and reputational risks.
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