If there's one topic of conversation among mid-tier firms this week its the future prospects of troubled Birmingham firm Wenham Major.

You'll have spotted at the weekend that Alison Reed, former FD at Standard Life, has won her legal battle with the erstwhile employer - walking away better off to the tune of more than £1.3m.

The political pressure to do something about fair value/mark to market accounting is mounting.

Philip Neal is worth talking about. He’s the NHS FD recently jailed for fraud at Chelmsford Crown Court after he confessed to false accounting to inflate a property valuation.

Make no mistake, fair value, or marking to market is under a full blooded frontal assault by those who have had their fingers singed by the credit crunch.

You've got to feel for Jeremy Newman. No sooner has he got the top job running BDO International than someone throws a spanner in the works and says that it might have to stump up $500 to settle a legal dispute.

There is a furore currently underway over Societe General’s accounting treatment of the six billions euros by rogue trader Jerome Kerviel.

We're all waiting to hear whether Alistair Darling will make any changes to his non-dom policy in tomorrow's Budget, his first.

En France ce weekend and the press is full of the euro4.9bn fraud at Societe General. Astonishing that another rogue trader should appear in the form of Jerome Kerviel, SocGen's estwhile trader, especially given that the world thought that this sort of thing was behind us after Nick Leeson's escapades at Barings.

Forging relationships is important in business. You need to do your networking, commit yourself to the glad handing and meet the suits who might just bring in the next multi million pound contract.