Audit of the future

Audit Audit of the future

3y Andy Turner, Audit and Business Advisory Partner

Audit of the future

Mercer & Hole's audit and business advisory partner Andy Turner gives his view on how technology is advancing the process of audit and what we might e...

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PwC audit changes are “unacceptable”

Audit PwC audit changes are “unacceptable”

3y Tom Lemmon

PwC audit changes are “unacceptable”

PwC’s newly-announced audit reforms are “unacceptable” and “do not appear to go far enough”, according to Professor Prem Sikka and the CMA Read More...

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PwC reveals “big deal” tech plan to boost audit quality

Audit PwC reveals “big deal” tech plan to boost audit quality

3y Dave Beach

PwC reveals “big deal” tech plan to boost audit qu...

PwC has committed to an additional £30m annual spend to boost training, employee numbers and technology in a bid to improve its audit process. It incl...

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ICAEW: Companies House data a “gaping hole in AML defences”

Audit ICAEW: Companies House data a “gaping hole in AML defences”

3y Dave Beach

ICAEW: Companies House data a “gaping hole in AML ...

New research quantifies the extent of Companies House inaccuracy as the ICAEW urges the Treasury and BEIS to shore up defences Read More...

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Grant Thornton to up audit quality with new appointment

Audit Grant Thornton to up audit quality with new appointment

3y Dave Beach

Grant Thornton to up audit quality with new appoin...

Grant Thornton has today appointed insider Fiona Baldwin as head of audit, several months after the Patisserie Valerie debacle Read More...

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Goldman Sachs chooses Mazars for audit – but does it really matter?

Audit Goldman Sachs chooses Mazars for audit – but does it really matter?

3y Tom Lemmon

Goldman Sachs chooses Mazars for audit – but does ...

Mazars has been selected as Goldman Sachs' European auditor, but Prof. Elaine Harris questions whether that means very much will change Read More...

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Audit sector needs a bold new regulator

Audit Audit sector needs a bold new regulator

3y Sam Walsh and Richard Khaldi, Regulation and transformation experts at PA Consulting

Audit sector needs a bold new regulator

Sam Walsh and Richard Khaldi, regulation and transformation experts at PA Consulting on how the new financial regulatory body can rebuild public trust...

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KPMG UK announce new audit structure – but is it enough?

Audit KPMG UK announce new audit structure – but is it enough?

3y Tom Lemmon

KPMG UK announce new audit structure – but is it e...

KPMG UK's new audit structure is intended to deliver on many of the CMA and BEIS comittee recommendations, but critics say only a full separation will...

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Will Deloitte get 5-year ban in India?

Audit Will Deloitte get 5-year ban in India?

3y Tom Lemmon

Will Deloitte get 5-year ban in India?

Deloitte’s India arm is expected to be banned from trading for 5 years over its role in the scandal at Infrastructure Leasing and Financial Services (...

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The CMA has released its final report into the future of the audit market

Audit The CMA has released its final report into the future of the audit market

3y Beth McLoughlin

The CMA has released its final report into the fut...

Audit reform gets a step closer with the Competition and Market Authority's recommendations, including a separation of audit from other functions Read...

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The madness of audit independence

Audit The madness of audit independence

3y Clive Viegas Bennett, CEO of MGI Worldwide

The madness of audit independence

As the CMA announces sweeping proposals for audit reform, Clive Viegas Bennett, CEO of MGI Worldwide, says the way the industry works is fundamentally...

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Life after BHS, Carillion, & Patisserie Valerie: Is there light at the end of the tunnel for audit?

Audit Life after BHS, Carillion, & Patisserie Valerie: Is there light at the end of the tunnel for audit?

3y Lucy Skoulding, Reporter

Life after BHS, Carillion, & Patisserie Valerie: I...

In her final article for Accountancy Age, Lucy explores quality of audit in the past and now, and what the future of the profession looks like Read Mo...

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Audit vs R&D: “There is a clear conflict which accountancy firms aren’t dealing with”

Audit Audit vs R&D: “There is a clear conflict which accountancy firms aren’t dealing with”

3y Beth McLoughlin

Audit vs R&D: “There is a clear conflict which acc...

Ex-Big Four accountant and investor Steve Phillips, who is now CFO at GovGrant, shares his unique perspective on the audit conundrum Read More...

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Top accounting scandals in 2018

Audit Top accounting scandals in 2018

3y Virginia Blackburn

Top accounting scandals in 2018

A summary of the cases of financial scandals, accounting fraud and corporate fraud which capitivated us last year and their implications Read More...

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Sir Donald Brydon appoints team for his audit review

Audit Sir Donald Brydon appoints team for his audit review

3y Beth McLoughlin

Sir Donald Brydon appoints team for his audit revi...

The Independent Review into the Quality and Effectiveness of the UK Audit Market led by Sir Donald Brydon has announced its advisory board Read More...

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Patisserie Valerie rescued in management buyout backed by Causeway Capital Partners

Audit Patisserie Valerie rescued in management buyout backed by Causeway Capital Partners

3y Lucy Skoulding, Reporter

Patisserie Valerie rescued in management buyout ba...

After being on the brink of complete collapse, Patisserie Valerie and 2,000 of its jobs has been saved Read More...

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"There isn't a single answer to fixing the cyber security problem," says Rainbird CEO

Audit "There isn't a single answer to fixing the cyber security problem," says Rainbird CEO

3y Emanuela Hawker, Reporter

"There isn't a single answer to fixing the cyber s...

Ben Taylor, CEO of Rainbird, has spoken to Accountancy Age about technology in accounting and what the future might bring Read More...

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What do audit clients think about audit?

Audit What do audit clients think about audit?

3y Emanuela Hawker, Reporter

What do audit clients think about audit?

Source Global Research has put the question to audit clients and has received some interesting responses Read More...

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Time for an overhaul of public audit

Audit Time for an overhaul of public audit

3y John Tizard and David Walker

Time for an overhaul of public audit

The crisis in company audit has knock on consequences for public audit - and now is a good time to review the remit of the National Audit Office, say ...

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Audit reform: The devil is in the detail

Audit Audit reform: The devil is in the detail

3y Ruth Bender

Audit reform: The devil is in the detail

Emeritus Professor Ruth Bender of Corporate Financial Strategy from Cranfield School of Management on the next steps following the CMA and Kingman rev...

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Patisserie Valerie receiving multiple bids despite being shrouded in fraud

Audit Patisserie Valerie receiving multiple bids despite being shrouded in fraud

3y Lucy Skoulding, Reporter

Patisserie Valerie receiving multiple bids despite...

Over 920 people who were made redundant due to store closures will not be paid this month Read More...

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Has the audit process improved since Carillion? No, say company secretaries

Audit Has the audit process improved since Carillion? No, say company secretaries

3y Beth McLoughlin

Has the audit process improved since Carillion? No...

More than half of company secretaries surveyed by ICSA, the Government Institute and recruitment specialist said the industry has learned little from ...

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EY to improve audits via independent panel

Audit EY to improve audits via independent panel

3y Lucy Skoulding, Reporter

EY to improve audits via independent panel

EY are responding to calls for independence among the Big Four accounting firms Read More...

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Patisserie Valerie plunges into administration closing 70 cafes immediately

Audit Patisserie Valerie plunges into administration closing 70 cafes immediately

3y Lucy Skoulding, Reporter

Patisserie Valerie plunges into administration clo...

It is thought that up to 900 Patisserie Valerie employees could lose their jobs Read More...

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Update on Carillion: FRC continue investigating KPMG for 2014-17 audits of construction company

Audit Update on Carillion: FRC continue investigating KPMG for 2014-17 audits of construction company

3y Lucy Skoulding, Reporter

Update on Carillion: FRC continue investigating KP...

The investigation into Carillion's collapse continue on with a renewed focus on KPMG's audits of the construction business Read More...

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Is Patisserie Valerie fraud worse than everyone originally thought?

Audit Is Patisserie Valerie fraud worse than everyone originally thought?

3y Lucy Skoulding, Reporter

Is Patisserie Valerie fraud worse than everyone or...

The popular cake chain says it's accounts were 'significantly manipulated' before its near-collapse last year Read More...

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The state of audit in accountancy

Audit The state of audit in accountancy

3y Lucy Skoulding, Reporter

The state of audit in accountancy

It's time! After another year of financial scandals, Accountancy Age are taking the plunge and writing a feature on audit in accountancy. Please take ...

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