Aron Kleiman, head of audit and accounts at Wilson Wright LLP, shares the practical challenges involved in implementation of the firm’s system of quality management to meet ISQM requirements
Fees paid to auditors by FTSE 100 companies have broken through the £1bn threshold for the first time this year, from £975.38m in 2021, according to research by Thomson Reuters
Only 12% of local government audits have been signed off on time, while hundreds of audits have not been completed for earlier years as the backlog grows
Five years since the Competition & Market Authority review of the audit market, there has been glacial change in the level of competition among audit firms
Internal auditors should embrace data analytics to help improve risk assurance and strategy as businesses continue to face economic uncertainty, according to a report by Chartered IIA
John Selwood (ACA) looks at imminent changes that will impact auditors this busy season, explaining the impact of revised auditing standards and ISQM requirements
ICAEW has called for stable and independent funding to ensure that the Auditing, Reporting and Governance Authority (ARGA) can deliver as a robust audit regulator
Audit reform needs to go ahead as a priority to improve the quality of audit, said speakers at ICAEW Manchester and Alliance Manchester Business School event
Following a series of multimillion pound fines for audit misconduct, the audit regulator has ramped up its guidance on the use of judgment and professional scepticism, explains Paul Brehony, partner at Signature Litigation LLP