Finance: In Brief

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SMALL FIRMS are better placed to withstand an economic downturn than they were during the last recession because of improved relationships with their banks, according to research by the Forum of Private Business. The report, published last week, makes Allied Irish Bank (GB) the highest- rated bank for the third consecutive year, and calls on all banks to publish their commitment to helping viable businesses through recession.

RESEARCH FROM Cater Allen Bank suggests that UK banks are not sufficiently innovative in providing foreign banking services to small and medium-sized enterprises.

Sixty per cent of customers felt that their banks did not meet all their currency banking needs - suggesting that they might feel they should look to smaller, specialist banks rather than large ones for currency bank accounts and foreign exchange.

THE INSTITUTE of Chartered Accountants' Fraud Advisory Panel has discovered that one of the main problems facing those trying to detect and prevent corporate fraud is a lack of relevant training.

A working party report shows that, apart from recent reviews of accountancy training syllabuses, there is little history of this being covered by other professions.

GEORGE CARMAN QC will be describing his cross-examination technique, and in particular how he detects lies, when he heads a team of experts tomorrow, to advise business leaders on ways to combat fraud. The seminar, presented by Maxima Group,will be held at the Mayfair Hotel in central London.

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