The delay to the publication of a timetable for audit reform has forced the Chartered Institute of Internal Auditors to write to the Prime Minister calling for urgent action
The Financial Reporting Council (FRC) is consulting on proposals to extend access to key audit partners working in local audit, changing the rules of entry, to increase competition
The Financial Reporting Council (FRC) has launched an investigation into HW Fisher's audit of Liberty Commodities which is part of metal tycoons Sanjeev Gupta’s GFG Alliance
The Public Accounts Committee is warning that local government funding is creating a ‘real risk’ due to a lack of funding that will only ‘allow local government to stand still’ while its failure to complete audits on time is making the situation worse
Kate Beeston ACA and Helen MacNeill FCA set out the key issues for 2021 year-end audits, which includes the continued impact of Covid-19, accounting estimates and future audit developments, including ISQM (UK) 1
Seismic shifts in the audit and accountancy regulatory landscape were set in motion last year, which are expected to continue to take shape and impact the sector during 2022 explain Julie Matheson, partner, and Lucinda Soon, lawyer in the regulatory team for accounting services at law firm Kingsley Napley LLP
For the thirteenth year, audit, tax, advisory and risk firm, Crowe, has been named the top charity auditor in Civil Society’s Charity Finance Audit Survey for 2021, followed by Big Four firms Deloitte and PwC
FTSE listed Go-Ahead Group plans to delay the release of its annual results for year end 2021 due to delays to the audit sign-off as a result of issues over grants to London & South Eastern Railway subsidiary
The Financial Reporting Council (FRC) has set out its priorities for the next series of audit quality inspections with cashflow statements, and fraud and climate-related risks under the spotlight
Greenpeace has criticised FTSE 100 and FTSE 250 companies that continue to reappoint auditors that fail to address climate risks in their financial reports
As auditors attempt to restore trust in the profession, auditors explain what is needed to improve the audit industry particularly by spotting fraud, in the latest report by the Association of Chartered Certified Accountants (ACCA)
