The Serious Fraud Office has brought fraud charges against four individuals in the bakery chain’s finance team, including the former chief financial officer of Patisserie Valerie
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
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
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
The Prudential Regulation Authority has fined Credit Suisse a record £87m for significant failures in risk management and governance related to Archegos
The government is going ahead with plans to improve audit transparency in response to major corporate collapses like outsourcer Carillion which shook business confidence in the role of audit
