Accountants advising businesses need to be aware of a recent High Court decision taking a narrower view on when a company can initiate a solvent winding up.

Seven years of regulatory tightening and firms’ own restructuring has ensured the roles of audit committees and internal auditors are more important than ever.

Employee ownership is often seen as an appealing exit route for business owners. But the sale itself is not the end. Price Bailey corporate finance partner Simon Blake explains the role of trustees post-sale.

While most audit committee chairs are satisfied with audit quality, a third have concerns about auditors’ ability to identify going concern issues and signs of financial distress.

Running until 31 March 2026, the new Growth Guarantee Scheme aims to support small businesses by offering loans of up to £2m, with 70% government-backed guarantees.

Corporate governance and internal control weaknesses are often the root cause of corporate failure. However, without fully understanding the subtleties at play, revisions to the Corporate Governance Code will only go so far in addressing the problems.

High borrowing costs and inflation are weighing heavily on businesses, official figures suggest.

Company Voluntary Arrangements and Restructuring Plans are important weapons in the insolvency practitioner’s armoury. Insolvency specialist Elaine Nolan explains how they look set to evolve following some seminal judgments.

ICAEW is the largest insolvency regulator in the UK. We offer the opportunity for ICAEW Chartered Accountants and non-ICAEW members to qualify and be licensed as insolvency practitioners with us. We also offer a comprehensive programme of support for our current and future insolvency practitioners including membership to our Restructuring & Insolvency Community.

Joining the Restructuring & Insolvency Community will give you support that really pays off. Led by a committee of dedicated specialists, we provide guidance, support and representation to insolvency practitioners. Best of all, it’s free to all those IPs licensed by ICAEW.

Resources curated by ICAEW's library to help you steer your business through restructuring or insolvency interventions.