Taking Stock, gags and gossip from Accountancy Age
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'Poodle Power' at AAT's new office

Poodle_power When TS is not encouraging PRs to pick up the lunch bill, one finds oneself cooped-up in the dark interiors of TS Towers.

So you can imagine the shock when TS turned up at the cocktail party celebrating the opening of the Association of Accounting Technicians' spanking new offices on Aldersgate.

The AAT has hired various consultants to advise on the latest office design. Even half-a-dozen mango daiquiris couldn't calm TS's shock at the light, open space and new office concepts.

In the new AAT home no employee has their own desk and is encouraged to move around. For storing paperwork, each employee is issued with a 'poodle'; a wheeled cabinet with leash that can be easily moved around the office.

AAT workers pick up their cabinets from a 'poodle park' and then simply 'pull the poodle' to a hot desk that catches their fancy.

Apparently employees are being encouraged to 'pimp their poodle' by decorating the cabinet in personal style. Rumour has it that sound systems and mag wheels are set to be the most popular 'poodle' modifications. If only TS Towers was as exciting.

Can_you_see_the_aat_poodle Anyway, above pic is obviously not an AAT poodle. You can see a real one (AAT poodle that is) on the left, click the pic to enlarge.

Darling's new recruit in to sort out Number 10, and Number 11

Alistair Darling has brought a cat to Number 11, it emerged last week, the first cat to roam around Downing Street since Humphrey left amid rumours that Cherie didn't like cats.

But Darling's cat is not there to mark a break with the Blair's, TS has learned. Our man with a hotline to Darling can reveal that the cat is there because it is good at catching mice.

'Sybil has been brought down for an extended stay because there is a mouse problem in Number 11,' Darling said. 'She is a good mouser. I haven't seen a mouse myself but I am told that since Humphrey was retired there has been a problem in Number 10 and Number 11.'

Colella's a jailhouse rocker

Anton_elvis TS may not have been invited to January's ICAS Burns Night supper yet we feel so sure it's an oversight that's about to be put right that we've cleared the diary, got the family tartan down from the loft and stocked up on Alka-Seltzer.

No surprises there, you might think.

But we've been relishing this celebration more than usual ever since we heard that chief executive Anton Colella is to perform on the night.

And this will be no mere address to the haggis. We gather Colella will be picking up his guitar and singing.

A tough gig? Not a bit of it. Colella is by all accounts an accomplished performer, who for five years spent every Sunday entertaining the good folk at Glasgow's Barlinnie Prison. He wasn't an inmate in case you wondered.

Can a room full of accountants be any more challenging that a gig at Bar L? Our more cynical readers may wish to Insert Their Own Punchline.

Colin attempts to 'outpimp' the AAT

Colin_poodle Colin is taking a trip to the AAT, and is green with jealousy over their 'poodles'. View Colin here or click the pic. View the AAT's 'poodles' here.

Rake progresses through farewell tour

So farewell then, Sir Mike Rake (or should we say Auf Wiedersehen, after the KPMG Europe merger?).

Mike is leaving the profession to become chairman of BT and at the end of the month after 35 (count 'em) years at KPMG.

TS has been told that he has something of a 'legacy tour' planned, which is apparently de rigeur for top people.

Our man in Salisbury Square says that, with his variety of national and international roles, different presentations and farewell drinks are taking place.

A board dinner here, a quiet drink there, you know the score. There's no appearance on Blue Peter, we don't think, as accountants aren't that high profile (yet), but TS is sure that Mike will leave everyone wanting more.

TS also understands that, disappointingly, there will be no vodka luge, that staple of all good parties, at any of the events. 'There'll be nothing of that order [of extravagance]', says one KPMG mole, while another adds: 'we might run to a sweet sherry.'

Supperstone swaps BDO for 'BSM'

Tony_l_school TS has always had a soft spot for Tony Supperstone, long-serving BDO business recovery bod and former R3 president. He has graced the back page of the Age on several occasions - for undertaking his big profile interview (4 May 2006) with a broken rib, and for describing the wonderful fountain at the heart of Birmingham as the 'floozy in the jacuzzi'.
But Tony has really outdone himself this time. Having retired from BDO, Tony told TS that his next move will be not to take on a couple of non-exec roles but to become a driving instructor.
'I can work when I want, get some income, and I've always enjoyed driving,'  Tony said. TS was loathe to point out that he'll be the passenger on all those journeys.
In time-honoured fashion, TS's graphics department has already located a picture of Tony in his new role (click the pic).
And don't forget: mirror, signal, manoeuvre!

Lonely hearts for a very good reason

Lovestruck TS is an old romantic at heart and takes great pleasure in reading the 'Lovestruck' column in free sheet The London Paper while sitting in a tunnel on the ever dependable Central Line.
Lovestruck gives readers the chance to contact someone spotted on the train or bus or glimpsed in a pub or club. A stalkers paradise you might think, but the column claims to have brought at least one couple together.The cutting printed here (click the pic) proves there are people who really do deserve each other. If you are the man with the very long trousers, then contact TS straightaway to let us know where we can buy a wedding hat.
Love will find a way!

Colin (unfortunately) talks rugby

Colin_rugbyColin discusses Anglo/American relations, with a little bit of a rugby twist. View here or click the pic.

PwC Bermuda embarasses UK's mid-tier

Last week's Hemscott rankings of mid-tier auditors came up with some embarrassing facts.
Not surprisingly, the Big Four featured heavily in the FTSE 250 rankings, as did BDO and Grant Thornton. But the list also included Begbies Chettle Agar, a firm whose most recent accounts show a turnover of
£345,837 but which has one FTSE 250 audit - admittedly, only an investment trust, but still impressive. But the real shocker is that PricewaterhouseCoopers Bermuda has the Catlin Group audit. All those mid-tier challengers must now be wondering: how come PwC Bermuda has more FTSE 350 audits than Baker Tilly, PKF, Tenon, Moore Stephens and Mazars put together?

Facebook makes work a pleasure

TS has been jumpy this week as worrying rumours go round the office that the IT director at TS Towers is about to block hard workers like TS from visiting Facebook on company time.

TS would be deeply distressed if the social networking site was barred, as it would suddenly leave a four-hour hole in the day.

So TS salutes BDO Stoy Hayward managing partner Jeremy Newman for his far more open-minded approach to web access.

On his blog, the BDO boss had the following to say about the issue: 'I am not sure how effective this will be at increasing staff productivity - which is presumably the intended effect. To be consistent they also need to ban personal phone calls and emails during office hours. Personally, I prefer to trust people.'

TS couldn't agree more Jeremy. Any chance of popping down to Baker Street for a bit of Facebook action on work time?

ICAEW 'blows our minds'

Has getting to the dizzy heights of ICAEW chief executive gone to Michael Izza's head? TS only asks because there was one of those accountancy supplements in a well-known national newspaper last week featuring an interview with the ICAEW boss in which Michael got a little bit carried away.

'When people visit here and I can point out the presidential plaques and point to the fact that the international profession started here, it blows their minds,' he enthused.

It blows their minds? Not TS's usual reaction to the Moorgate Place HQ admittedly, but given that we've been covering the UK accountancy profession for more years than we care to remember, perhaps we've just become a bit blase.

TS has a sneaking feeling that Izza is just riding high on popularity after achieving the singular feat of not winding up the membership for a few months. Don't get carried away, Michael. Pride comes before a fall.

A funny thing happened on the way to Hadrian's Wall

Colin_scotsColinus attempts to break down (Scottish) border, unawrae it will take several hundred years before the ICAEW and ICAS get on...view the cartoon here

Silly Season

Looks like the silly season is still well and truly in its pomp. TS was treated to a particular gem from a 'Big Five' firm recently. It has been discovered that 'the number of high profile, big money divorce cases seen through the courts recently, combined with an increasing number of couples cohabiting, could be the key factors behind the lowest divorce rate in England and Wales in the last 22 years'.
TS was about to splash a government-crumbling expose involving accountants in the highest echelons of power, but after this Watergate-esque piece of research, that's been put on ice'.

ICAS turns on charm for ICAEW

Have relations thawed between the ICAEW and ICAS?
Readers will remember that ICAS made unpleasant comments about the institute's proposed merger with CIPFA, leading to a serious falling out.
Then the ICAEW launched a Scottish members' service, which some interpreted as them moving onto ICAS's patch.
But now we discover that everything is cosy. Thirty members of the Scottish members group have apparently been shown around ICAS's venerable home in Edinburgh, CA House.
ICAS even got bigwig Isobel Sharp to show them round.
TS is intrigued. Is it all a case
of kissing and making up? Or is ICAS just trying to tempt
ICAEW members away from Moorgate Place?

The taxman DOES want to Work Together...

When TS is having a bad day at the Towers and finds itself swamped by the frenetic, adrenaline-fuelled world of all things accountancy, it takes a peek through HMRC's announcements for some light relief.

This week HMRC's 'Working Together' publication had the back page chuckling. HMRC had to break the news to its avid adviser readers that after issue 25, 'Working Together' would no longer be available in paper form, a tragedy that, ironically, had advisers frantically scribbling letters of complaint.

HMRC said that, sadly, it was also unable to pass on future issues via email, although readers could access new editions online or via an RSS feed. HMRC then went on to add: 'HMRC wants to show that they (sic) are listening to agents by making information and news easier to find' and responding to agents' areas of concern'. Surely email would be a great way to achieve this noble aim, wouldn't it? Apparently not.

(Non)Domicile showdown

TS apologises for being a bit late with this, but there was an interesting live broadcast on Radio 4 recently about tax and a remarkable comment by one of the nation's top tax commentators.

Richard Murphy, the tax campaigner, was sticking it to an audience on the 'Hecklers' programme about the disadvantages of non-domiciles. Mike Warburton, who was being deployed as a 'Heckler' lobbed in a point about how Gordon had opted not to crack down on non-doms and he, Mike said, was 'one of our most successful chancellors'.

Well, TS was astonished, as you can imagine. Mike never says that on the phone to us. In fact, some of the things he says about Gordon are scarcely printable.

TS's moles at the recording say opinion was divided 50:50 on whether we should ditch the domicile rules. Just one more push, Richard.

LTA makes advertising 'boob'

TS likes to trawl through advertising standards notices, it's helped the Age out with a couple of stories about the ICAEW and HM Revenue & Customs recently.

But it seems TS wasn't keeping a close enough eye on things, missing an absolutely astonishing judgment in May. Two complaints were made against Bewdley-based Licensed Trade Accountants for a marketing shot the firm undertook, aimed at pub licensees.

The ad, according to the ASA, stated: 'You'd employ her to pull a few pints' and a few new customers. Wouldn't you? BUT NOT TO DO YOUR ACCOUNTS!', next to a photograph of a young woman, with 'her breasts partially exposed'.

The ASA concluded that the ad was likely to unfairly denigrate female licensees and staff, while the ad would likely cause serious offence in the industry by suggesting women were only employed in boozers for their physical attributes.

The ad should not be repeated, said the ASA. Shame on you, LTA.

And to answer the obvious question, you smutty lot, NO we don't have a pic of the advert.


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