Audit

Audit | FRC consults on revised ISA (UK) 505

The FRC has released an amended version of the International Standard on Auditing (UK) 505 - External Confirmations, including guidance on use of digital platforms to verify information

1 Jun 2023

Audit

Auditing

Audit | SNP MPs at Westminster submit audited accounts

The Scottish National Party’s (SNP) Westminster group of MPs filed its audited accounts hours ahead of the 31 May deadline

1 Jun 2023

Audit | How accountants can get audit-fit

Kevin McCallum, CEO of Bright accounting, explains how accountants can support auditors to raise standards in business amid economic uncertainty

31 May 2023

Audit

Corporate governance

Audit | Capital & Regional hires Mazars as audit tenure exceeded

Property investment vehicle Capital & Regional has appointed Mazars as auditors after Deloitte were forced to resign as the Big Four firm had been in place over 20 years

31 May 2023

Audit

Corporate governance

Audit | Revolution Beauty auditor signs off year end

Revolution Beauty has published annual results after auditor BDO signed off the accounts after questions over accounting treatment of revenue and inventory stocks

26 May 2023

Audit

Corporate governance

Audit | FRC extends audit monitoring with Scalebox

The Financial Reporting Council (FRC) has expanded its monitoring and oversight of mid-tier audit firms with the launch of the Scalebox initiative

25 May 2023

Audit

Auditing

Corporate governance

Audit | Corporate Governance Code up for review

The Financial Reporting Council (FRC) is planning to tighten up the Corporate Governance Code for the first time in five years

24 May 2023

Audit

Corporate governance

Audit | Enwell Energy search for auditor stalls

AIM listed oil and gas exploration group Enwell Energy plc is still looking for a UK auditor following the resignation of PwC in December due to Russian sanctions

24 May 2023

Audit

Corporate governance

Audit | IOSCO plans global rules for cryptoassets

A global standard setter has outlined a framework for global crypto regulation, including protections for investors and an integral role for auditors

23 May 2023

Audit

Consultations

Audit | FRC publishes minimum standards for audit committees

The Financial Reporting Council (FRC) has issued the minimum standards of conduct for audit committees within the FTSE 350 to help contribute to a more robust audit market

22 May 2023

Audit | Local government accounts ‘impenetrable’

MPs called on local audit specialists and the regulator to take swift action to address the backlog in overdue local government audits and improve transparency of accounts

16 May 2023

Audit

Auditing

Corporate governance

Audit | FRC to investigate £225k Deloitte audit of Joules

The audit of clothing retailer Joules Group plc by Deloitte is being investigated by the Financial Reporting Council (FRC)

9 May 2023

Audit

Corporate governance

Audit | FRC starts search for £330k chief executive

The government is advertising for a chief executive to head up the Financial Reporting Council based in Birmingham following the resignation of Sir Jon Thompson

5 May 2023

Audit

Corporate governance