by accounting | Oct 11, 2025 | Free Resources
Introduction When Carillion collapsed in 2018, leaving debts of over £7 billion and tens of thousands of jobs at risk, one question dominated headlines: where were the auditors? The company had received clean audit opinions in the years leading up to its collapse,...
by accounting | Oct 9, 2025 | Free Resources
Introduction When the government announced that the high-speed rail project HS2 could exceed £100 billion, the public reaction was one of outrage. Why? Because taxpayers expect their money to be spent wisely. Every overspend, every miscalculation, every case of waste...
by accounting | Oct 7, 2025 | Free Resources
Introduction When the construction giant Carillion collapsed in 2018, it left debts of nearly £7 billion and cost thousands of jobs. Investigations revealed a cocktail of aggressive accounting, mismanagement, and misleading financial statements. Behind the scenes,...
by accounting | Oct 3, 2025 | Free Resources
Introduction Taxes. For most of us, the word sparks a familiar mix of obligation and unease. Deadlines from HMRC, forms to complete, numbers to check, and the nagging fear of making an error that could lead to penalties. Yet behind the perceived complexity lies...
by accounting | Sep 30, 2025 | Free Resources
Introduction to Financial Accounting If you’ve ever read a company’s annual report or heard investors talk about profit and loss, you’ve seen financial accounting in action. It’s the part of accounting that tells the story of a business’s financial health—clear enough...
