KPMG faces a multimillion pound fine from the audit regulator over the misconduct of former audit partner and staff for the audits of Carillion and Regenersis
Public Sector Audit Appointments (PSAA) has set up a dynamic purchasing system (DPS) that will provide a new route to procure audit services for bodies that have opted to join its national scheme
The government has pledged to go ahead with reform to the audit market with plans to release a draft bill covering a raft of reforms including managed shared audit outlined in the Queen's Speech
AIM listed Mattioli Woods plc, the specialist wealth and asset management business, has appointed Moore Kingston Smith LLP as group auditor for the financial year ending 31 May 2022
As the war in Ukraine continues, Helen MacNeill FCA looks at areas of concern for auditors to consider from impairment of assets to changing forecasts and going concern
The Financial Reporting Council (FRC) has made changes to its publication policies for the Audit Enforcement Procedure (AEP) and the Accountancy and Actuarial Schemes
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 majority of senior internal audit leaders and their teams have completed or are currently undertaking initiatives to transform their internal audit function
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
Helen MacNeill FCA examines the new quality management standards, focusing on ISQM (UK) 1, effective from December 2022 and what it means for audit firms
