Aron Kleiman, head of audit and accounts at Wilson Wright LLP, explains why the requirements of ISQM (UK) 2 apply to all firms, not just the largest ones

KPMG has resigned as auditor of listed Bazalgette Finance plc and will be replaced by PwC with immediate effect in a Big Four swap

The Financial Reporting Council (FRC) has opened the recruitment process for three non-executive directors to join the board

Big Four firm EY is currently facing backlash for approving the accounts of the collapsed retailer Wilko as a further 52 stores close their doors

Listed fashion retailer Superdry’s accounts have been signed off by RSM after delaying their release as new auditors required more time

Recently hired auditor RSM has been given an extension to complete the £3m audit for listed fashion retailer Superdry as accounts filing deadline passes

In line with audit rotation rules, Standard Chartered Bank will change one of the joint auditors for its South African banking operation with a move to Deloitte from 2026

John Selwood ACA looks at the key changes to ISA (UK) 240 for auditors and takes a deep dive into what can go wrong on an audit with regards to fraud and how to avoid these issues 

Listed inkjet printing technology group Xaar has appointed PKF Littlejohn as auditor to replace Big Four firm EY

ICAS has called for the Scottish government to urgently reassess the Scottish charity audit threshold as charities struggle to hire experienced audit firms

The audit regulator has fined Mazars for ‘wide-ranging’ failings and a lack of quality control related to the audit of a company based in one of the UK’s crown dependencies

The US regulator has banned the head of UK audit firm Crowe and lead audit partner from US audit work after significant audit misconduct related to music streamer, Akazoo