AIM listed Newmark Security plc has swapped auditors from long-standing BDO to Cooper Parry Group

AIM listed tech company WANdisco has reported a major fraud related to revenue recognition in its accounts with up to $15m (£12.5m) of potentially fraudulent sales

PwC and two former audit partners have been handed a multimillion pound fine for audits of Babcock which ‘fell far short of the standards expected of statutory auditors’

Nostrum Oil & Gas has appointed MHA MacIntyre Hudson as auditors to the group and EY Kazakhstan will handle subsidiary Zhaikmunai LLP

The Financial Reporting Council (FRC) has been confirmed as the oversight body for local audit but not until the new audit regulatory structure is created

The Levelling Up, Housing and Communities (LUHC) Committee has launched an inquiry into financial reporting and audit in local authorities as the majority of audits are filed late and more councils declare financial failings 

FTSE listed Cadogan Energy Solutions plc has dropped Grant Thornton as auditors after just over a year with the appointment of Moore Kingston Smith

FTSE listed First Class Metals plc has swapped auditors with the appointment of Royce Peeling Green (RPG) as the company's auditor

The Financial Reporting Council (FRC) has closed its investigation into Deloitte following the settlement of criminal proceedings against Serco brought by the Serious Fraud Office (SFO) back in 2019

Confusion about expectations and understanding of corporate governance and stewardship sees the regulator issue a detailed factsheet explaining duties and responsibilities

KPMG UK has reached an out of court settlement with the liquidator of Carillion over a £1.3bn lawsuit with the level of damages not disclosed

The audit regulator has launched an investigation into PwC’s audit of collapsed shopping centre investor, Intu Properties, due to materiality concerns