News & Blog

The latest press releases and opinion from Bishop Fleming

General Data Protection Regulations: what Academies need to know

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Academies will need to gear up for the General Data Protection Regulations (GDPR) that take effect from May 2018. The GDPR replaces the existing Data Protection Act and extends the rights of individuals over the…

Criminal Finances Act 2017: what you need to know

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From a likely date of September 2017, the Criminal Finances Act 2017 will make companies and partnerships criminally liable if they fail to prevent tax evasion by either a member of their staff or an…

Charities urged to be vigilant over cyber attacks

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The Charity Commission is alerting charities to follow protection advice issued by the City of London Police and National Cyber Security Centre (NCSC), following the recent ransomware attack. Over 200,000 organisations, including the National Health…

Making sense of the big data economy – delivering a better service

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Top 40 accountants Bishop Fleming have teamed up with leading scientists at the MET Office to run through the numbers on the challenges and opportunities faced in the Big Data Economy. The Information Age is…

Academy catering – food for thought

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Academy catering is becoming a hot issue, with trusts looking to bring their catering in-house to secure greater control over the range of food offered to students. It also provides an opportunity to generate more income by being…

Overdrawn Director’s Loan Account & Insolvency

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A director’s loan account arises where a director removes more money from his or her company than they introduced. Until the director repays the amount overdrawn, this will appear as a loan on the company’s…

Academy Trust Audit Committee- new requirements

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The new 2016 Academies Financial Handbook has expanded the remit of the audit committee within an Academy Trust. There are two key points that all Trusts must be aware of as follows: Paragraph 2.4.5 states…

Auditors asked to police charity sector

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Auditors are increasingly being asked to "police the charity sector", and proposals to widen the range of issues on which they have to report could harm the relationship between charities and their auditors, claims a leading finance…

Fleur Lewis, travel industry Bishop Fleming

Travel industry recognition for Top 40 accountancy practice

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Bishop Fleming, have been named by the Civil Aviation Authority (CAA) as registered to perform ATOL reporting for the travel industry. The mid-tier firm, with offices in Bath, Bristol, Exeter, Plymouth, Torquay, Truro and Worcester…

Nathan Coughlin, Audit Director at Bishop Fleming

New Audit Director at Plymouth accountants

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Top 40 accountants, Bishop Fleming, has recruited Nathan Coughlin as Audit Director for their growing Plymouth office. Nathan is a Chartered Accountant with nearly two decades of experience in the audit profession, working with a…