The Institute of Chartered Accountants of Scotland (ICAS) is calling for a three-step approach to overhauling the audit profession following proposals set out in the government’s audit reform consultation

The Financial Reporting Council (FRC) has imposed sanctions against Haysmacintyre LLP and David Cox, audit engagement partner, in relation to the statutory audit of the financial statements of Associated British Engineering plc for the financial year ended 31 March 2018

After consultations with the Public Interest Oversight Board, the International Auditing and Assurance Standards Board (IAASB) has published a revised detailed work plan for the remainder of 2021, updated due to the impact of the pandemic

FTSE 250 listed high street bakery chain Greggs has announced a change of auditor with the appointment of RSM after decades using Big Four firm KPMG

The wide-ranging audit reform consultation, currently out for review, raises a number of new enforcement powers to control director conduct and change the definition of PIEs. Harvey Knight, partner in Withers' financial services regulatory group, assesses the proposals

The Association of Chartered Certified Accountants (ACCA) has launched a business hub coinciding with Earth Day which will provide a central resource on sustainability issues for accountants 

Welsh accountancy firm, Kilsby Williams, has been appointed to audit national retail chain Poundstretcher, replacing BDO, who resigned last October

Calls for a rule shake up for auditors after a major review by the Institute for Public Policy Research (IPPR) found multiple problematic practices that severely ‘undermine’ the sector

The Financial Reporting Council (FRC) has set out its preliminary interpretation of the sanctions regime under the government’s proposed audit reforms and plans to hire new staff to strengthen its director oversight programme

John Selwood ACA examines recent and proposed changes to auditing, ethics and quality management following changes to the auditors' Etthical Standard 

The Financial Reporting Council (FRC) has published a report Our Approach to Audit Supervision, which sets out what firms can expect from the FRC in the course of supervision with a focus on audit quality and firm resilience

Warehouse REIT has confirmed a change of auditor with the appointment of BDO to replace incumbent Deloitte LLP