Prem Sikka (@premnsikka )

Prem Sikka

Bio Emeritus Professor of Accounting. If with all your effort and might you do not reach the mountain top that is not failure; failure is that you did not even try.
Location UK
Tweets 10,0K
Followers 41,7K
Following 40,4K
Account created 24-04-2014 16:50:12
ID 2461924214

Twitter Web App : Investor Tim Horlick's trading firm Ayanda Capital wins £252m PPE contract, without competitive tender. The company has assets worth £1.8m and £1.4m of cash, is controlled by a Mauritius-registered holding company, Milo Investments.
Need n investigation.
telegraph.co.uk/business/2020/…

Twitter Web App : The reforms unveiled by the UK auditing regulator are 'cosmetic', will do nothing check audit failures exposed by corporate scandals. How many more jobs, savings and pensions need to be lost before the govt tackles the failed audit industry?
thetimes.co.uk/article/cosmet…

Twitter Web App : 227,000 private renters in England at risk of eviction when govt ban on the practice comes to an end next month. Why can't govt develop better practices? Poverty does not end with reopening of the economy and will worsen with unemployment and wage cuts.
politicshome.com/news/article/q…

Twitter Web App : UK govt awarded £252,500,000 contract to Ayanda Capital Ltd for the supply of personal protective equipment, a company with £10k issued share capital; shareholders funds of £657, 142; tangible assets £47,715; £1.4m cash, number of employees unknown.
ted.europa.eu/udl?uri=TED:NO…

Twitter Web App : Devutopia This report will give you an idea of some of the reforms that are needed for the auditing industry. There is no magic bullet as the problems and many, which have been compounded by successive government's unwillingness to check the power of the firms.
visar.csustan.edu/aaba/LabourPol…

Twitter Web App : Herd Immunity And what is the basis of your bald assertion?
Next you would be saying that no one can critique the government or the prime minister because they are not in the cabinet or have not held the office of prime minister.

Twitter Web App : ‘Utterly inadequate’: Audit experts slam watchdog’s Big Four audit split.
It is clear that the Tory govt will not inconvenience accounting firms with any worthwhile reforms. Audit scandals will continue, people will lose jobs, savings, homes and pensions.
cityam.com/utterly-inadeq…

Twitter Web App : Scandalous: UK govt gave a £18,480,000 PPE contract to Aventis Solutions Ltd, a company specializing in "Temporary employment agency activities", only £12 share capital.
Why did this company get a PPE contract? What did it deliver?
ted.europa.eu/udl?uri=TED:NO…

Twitter Web App : Nikola Financial Times I tweeted this earlier:
UK accounting regulator's audit reform plans are cosmetic. No structural split of audit from consultancy, no independent appointment/remuneration of auditor, no transparency of the audit process, no liability reform,
Rearranging deckchairs on the Titanic.

Twitter Web App : Financial Times Cosmetic reforms do not address problems of the audit industry. No structural split of audit from consultancy, conflict of interests remain, no independent appointment/remuneration of auditor, no transparency of the audit process, no liability reform, no new suppliers of audits.

Twitter Web App : UK accounting regulator's audit reform plans are cosmetic. No structural split of audit from consultancy, no independent appointment/remuneration of auditor, no transparency of the audit process, no liability reform,
Rearranging deckchairs on the Titanic.
frc.org.uk/getattachment/…

Twitter Web App : Chris. W. Drew Conservatives #StayAlert I wrote this about future slums & social cleansing
The Conservative & Lib-Dems coalition govt disempowered local authorities, they have little say in conversion of office buildings into residential flats. I visited some and they were of very low standard.
leftfootforward.org/2019/10/govern…

Twitter Web App : Vampires: Clothes workers in Leicester producing garments for fashion giants including Boohoo or Nasty Gal are 'being paid for as little as £3.50 an hour'. The bosses of Boohoo are in line for a £50m bonus.
Prosecute the bosses. Boycott the companies.
dailymail.co.uk/news/article-8…

Twitter Web App : UK Conservative government is building substandard “rabbit-hutch” flats - slums of the future - as local authorities are sidelined from planning requirements. Companies hire their own building inspectors.
All to enable corporations to make bigger profits.
theguardian.com/politics/2020/…

Twitter Web App : The information filed by Aventis Solutions Limited, the recipient of £18,480,000 PPE contract from the UK govt, at Companies House is available here.
beta.companieshouse.gov.uk/company/076732… twitter.com/premnsikka/sta…

Twitter Web App : Ayanda Capital Ltd which received £252,500,000 PPE contract from the UK govt is controlled by the Horlick Family through Milo Investments Limited registered in Mauritius - a secretive tax haven.
See note 11 in its accounts filed on 11 Feb 2020
beta.companieshouse.gov.uk/company/110148… twitter.com/premnsikka/sta…