The government has published draft regulations about directors’ remuneration policy and reports, which extend the scope of renumeration reporting to unquoted traded companies and introduce new requirements
Auditors from Deloitte have issued a qualified opinion on the annual results from Ferrexpo, a Swiss headquartered iron ore company with assets in Ukraine, over concerns about possible ‘misappropriation’ of corporate social responsibility (CSR) funds
Pensions trustees have been warned to produce a chair's statement which is compliant with the law, after fines against two schemes were upheld in court
The EU has agreed minimum rights for workers in casual or short-term employment in the gig economy, with requirements for working conditions to be made clear to workers on the first day on the job, and probationary periods limited to six months
The number of complaints against regulated financial services firms fell in the last six months of last year, according to data from the Financial Conduct Authority (FCA)
Plans to introduce joint audits for listed companies have been criticised by Big Four firms as potentially further damaging the quality of audits, while challenger firms argue that this would increase access to the audit market
UK economic confidence improved a little at the start of the year, but remains lower than many other countries worldwide, according to research from ACCA and the Institute of Management Accountants (IMA)
Scott-Moncrieff, Scotland’s longest established accountancy firm, is to join Baldwins, part of the fast-growing challenger audit services firm CogitalGroup, which now has a significant Scottish presence via both acquisition and organic expansion
The Big Four firms face an operational split between audit and consulting services, and mandatory joint audits of large listed companies, as a result of the Competition and Markets Authority’s (CMA) final report on the UK audit market
The Financial Conduct Authority (FCA) has published its business plan for 2019/20, outlining the key priorities for the coming year, but says the immediate priority will remain supporting an orderly transition as the UK leaves the EU
Around 70% of all Big Four audit firm consulting projects end up costing more than the client’s initial estimate, with 18% of projects costing significantly more and only 2% coming in under budget
As the Easter recess brings a temporary halt to parliamentary discussion about the UK’s plans for leaving the EU, long term levels of concern about Brexit among CFOs has hit an all-time high
This year’s Accountex exhibition will focus on Making Tax Digital with over 200 exhibitors including leading software and technology companies, and a keynote from HMRC’s head of MTD Theresa Middleton
HMRC applied to shut down 4,160 businesses because they had fallen behind on their tax payments in 2018 with financial problems being exacerbated by a late payment culture
In this week's career moves, Wilson Wright and KPMG announce partner promotions, Wright Hassall scoops tax consultant from HMRC, RSM names national head of accounting and FR, and Grant Thornton names five partners in audit and tax practices
