Advice

Mark Stott: “Business is a bus journey”

Mark Stott founded overseas investment property firm Select Property in 2004. In a few short years, the Cheshire-born entrepreneur has built a portfolio in Dubai, Spain and Turkey worth £1.3bn. He credits Jim Collins's "bus" philosophy as a driver behind his success.

What is devolved accounting?

If you’ve ever thought that devolved accounting is just a ruse for the finance department to shift some of its workload to other departments, then think again. It certainly means that non-finance staff do become more involved in the accounting process but typically the results are beneficial for the whole organisation.

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