Top Tips for a Team Breakfast in London

Given the tight schedules and agendas in the average London conference venues, how does one get to engage colleagues better for an even more productive conference?

Sometimes, it’s simply a matter of finding the time and place for what’s really important; for many, this means heading out and starting the business day earlier – with breakfast! They say the quality of the input dictates the quality of the output; with input meaning more than just information, great food and engaging conversation do matter!

Here are a few great places for easy, business team breakfasts that offer a great start to get ready for the real hard work that happens in London conference venues. Check out a few of these and you may realise why breakfast is the most important meal of the day!

The Brasserie, IoD, 116 Pall Mall, London

Sophisticated yet informal The Brasserie, in central London’s historically famed IoD building, serves a variety of breakfasts ranging from light continental up to tasty grilled Loch Tay kippers, and of course, the hearty full English breakfast. It all depends on your appetite and taste. Private areas can be reserved for meetings and breakfast begins at 7.45am.

Butler’s Wharf Chop House, 36e Shad Thames, London

Perfect for quiet, understated yet serious business talks, this unassuming eatery is a stone’s throw away from Tower Hill, making it a great place to meet with colleagues and other allies before heading back to nearby London conference venues. The simple and tasty Gloucester Old Spot Sausage on Doorstep Toast is perfect choice for a filling morning meal to go with a hearty discussion.

The Diner, 21 Essex Road, Islington,London,

If you’re after good old American fare, here’s one place that offers a welcome change from those stodgy English breakfasts. The Diner in Islington is an American-styled eatery serving a selection of classic meals such as chilli cheese dog, spicy bean burger or The Diner salad. A wide choice of drinks is available including cocktails, milkshakes and soda pop. For a more relaxed atmosphere for a breakfast meeting, The Diner can’t be beaten.

Inn The Park, St. James Park, London

Come early with your group and and grab a prime spot on the open-air terrace at Oliver Peyton’s cafĂ© by the water to catch the sun. If you show up at 8am you’ll be just in time for coffee and the patisserie selection, or from 9am onwards you can order a full English or choose from bacon, sausages, black pudding and “eggs any way”, or simply toast, buttered Manx kippers or cinnamon pancakes with banana and maple syrup. It’s a great spot to grab some fresh air before heading to a hard day in the nearby London conference venues.

Examining The Possibility Of Switching To International Financial Reporting Standards

The International Accounting Standards Board established criteria which public companies should meet when producing their reports. Worldwide, some 90 countries participate in this system. Entities based in the United States are not required to comply with these measures when formulating their output. Most US businesses still use Generally Accepted Accounting Practices, known as GAAP, in their reporting procedures. However, the Securities and Exchange Commission supports the development of a unified code to be used by all signatory countries. This singular set of principles would integrate American models with those mandated in the International Financial Reporting System, or IFRS.

Small companies doing business locally have no need to fulfill the requirements of international reporting mandates. However, any corporation which interacts with foreign entities may benefit from implementing practices with acceptance beyond US borders. American based organizations which operate under the auspices of a body outside the United States must use the broader precepts.

Despite the ongoing effort of the SEC to facilitate a merger between the two systems, many companies resist the notion. In some cases, this reluctance stems from the conviction that the US standards are superior to the international criteria. There are also businesses which do not want to undertake what they deem to be a lengthy, costly procedure.

Although the Securities and Exchange Commission has not dictated that companies switch formats, there are advantages for those make the changeover. Using internationally recognized principles may make it easier to compete with foreign businesses. The standards set down by the International Financial Reporting System are also not as detailed as those used in GAAP.

Many corporations remain unsure about the need to convert their current accounting systems to those based on international standards. In order to make this decision, a wide variety of factors must be considered. Company operations must be examined to see if the criteria apply to them. Taxation and cost issues must also be scrutinized. If a changeover is found to be necessary, short and long term implementation plans must be put in place. While this process is going on, the entity must still comply with its current GAAP obligations.