The Financial Reporting Council (FRC) has published a set of principles that it will use to assess whether the public interest is best served by carrying out regulatory, supervisory and enforcement work

FTSE listed insurance company Watchstone, formerly known as Quindell, has reached a settlement with Big Four auditor KPMG over a lawsuit related to the firm’s 2013 audit

Online beauty retailer Revolution Beauty Group has announced the resignation of its CEO as the listed business faces an audit investigation

Internal auditors are calling on the government to speed up plans for audit reform to address failures of corporate governance

The Financial Reporting Council (FRC) has closed an investigation under the accountancy scheme into a KPMG auditor in relation to the preparation of the financial statements of Quindell plc

The quality of public sector audits has improved in the last year despite the fact that a third still required improvements

NatWest plans to change auditor with the appointment of PwC to replace incumbent EY after a competitive tender

Listed beer brewer Adnams plc has changed auditor with the appointment of MHA MacIntyre Hudson

Audit reforms need to restore confidence and give the new regulator the powers and resources to improve behaviour of auditors, says Anca Thomson, partner at Excello Law

Big Four firm EY has argued that it was ‘not responsible’ for the alleged failures of its audit over healthcare company NMC Health 

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