Audit reform needs to go ahead as a priority to improve the quality of audit, said speakers at ICAEW Manchester and Alliance Manchester Business School event
Following a series of multimillion pound fines for audit misconduct, the audit regulator has ramped up its guidance on the use of judgment and professional scepticism, explains Paul Brehony, partner at Signature Litigation LLP
Auditors at Deloitte-China have been fined $20m (£22m) for failing to comply with US auditing rules by asking clients to select their own samples for testing
Faking an audit evidence spreadsheet and rewriting missing minutes of overseas clearance meetings were examples of misconduct identified by audit inspectors, tribunal report shows
AIM listed Revolution Beauty Group plc, the multi-channel beauty retailer, has called in forensic accountants after BDO refused to sign off FY22 year end audit
Cybersecurity tops annual business risk survey for audit chiefs, with 8 in 10 (82%) citing it a top five risk, while staff retention and skilled hiring is a long-term concern
John Selwood ACA looks at the revised requirements of ISA (UK) 240 effective later this year and the auditor’s responsibilities in relation to fraud in an audit
