Big Four firm EY is facing a $2.5bn (£2bn) lawsuit over its audit of failed healthcare company NMC Health, which ran hospitals and clinics in the UAE

With the Queen’s Speech scheduled for 10 May, it looks unlikely that plans for audit reform will be included in the government's legislation plans

The Financial Reporting Council (FRC) has made changes to its publication policies for the Audit Enforcement Procedure (AEP) and the Accountancy and Actuarial Schemes

Audit Wales has confirmed an increase in funding to £23.7m for the next 12 months while it reviews its three offices as hybrid working affects demand for space

The Financial Reporting Council has issued a six-week consultation on plans to give it the power to register and strike off auditors of listed companies, removing responsibility from the professional institutes

The Financial Reporting Council (FRC) has published a new Audit Firm Governance Code for the Big Four and firms that audit more than 20 FTSE 350 companies and public interest entities (PIEs)

The Financial Reporting Council (FRC) has launched an inquiry into Deloitte’s audits for listed rail operating group Go-Ahead 

The Financial Reporting Council (FRC) is consulting on an exposure draft of Proposed ISA (UK) 600 Special Considerations - Audits of Group Financial Statements focusing on audit partner responsibilities and areas of risk

Big Four audit firm Deloitte has resigned as Polymetal auditors due to the mining company’s Russian business interests

AIM listed S4 Capital plc has delayed its annual results due to auditors, PwC refusing to sign off the accounts

The majority of senior internal audit leaders and their teams have completed or are currently undertaking initiatives to transform their internal audit function

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