‘Once in a generation’ audit reforms published

Accounting Firms ‘Once in a generation’ audit reforms published

1y Tom Lemmon

‘Once in a generation’ audit reforms published

Breaking news and reaction as BEIS publish consultation white paper outlining steps for audit and corporate governance reform Read More...

View article
Next generation of auditors concerned for lack of purpose

Audit Next generation of auditors concerned for lack of purpose

1y Tom Lemmon

Next generation of auditors concerned for lack of ...

Young auditors want work to make a positive contribution to society Read More...

View article
Big Four “jumping before they’re pushed” ahead of audit reforms

Audit Big Four “jumping before they’re pushed” ahead of audit reforms

1y Aoife Morgan

Big Four “jumping before they’re pushed” ahead of ...

KPMG UK confirms sale of restructuring arm to HIG Capital in £400m deal Read More...

View article
Get the latest analysis and reports delivered to your inbox daily
Audit reforms will be published ‘shortly’ says government

Audit Audit reforms will be published ‘shortly’ says government

1y Tom Lemmon

Audit reforms will be published ‘shortly’ says gov...

Industry fears delay after reports that Downing St was blocking publication Read More...

View article
Audit reforms must not descend into ‘checklist’ exercise

Audit Audit reforms must not descend into ‘checklist’ exercise

1y Tom Lemmon

Audit reforms must not descend into ‘checklist’ ex...

Government must be wary of following Sarbanes-Oxley pitfalls, says Engine B’s head of audit Read More...

View article
Mazars global head: Audit reforms having little impact

Accounting Firms Mazars global head: Audit reforms having little impact

1y Tom Lemmon

Mazars global head: Audit reforms having little im...

Auditors outside of the Big Four yet to step into FTSE 100 market Read More...

View article
Autonomy auditors criticised in FRC investigation

Audit Autonomy auditors criticised in FRC investigation

1y Aoife Morgan

Autonomy auditors criticised in FRC investigation

Former Deloitte partners failed to act with “professional scepticism” Read More...

View article
Video: Tech no ‘silver bullet’ for audit

Audit Video: Tech no ‘silver bullet’ for audit

1y Tom Lemmon

Video: Tech no ‘silver bullet’ for audit

Audit technology will be a valuable tool but can’t singlehandedly prevent further scandals Read More...

View article
Q+A: Deloitte’s UK managing partner for audit & assurance

Audit Q+A: Deloitte’s UK managing partner for audit & assurance

1y Aoife Morgan

Q+A: Deloitte’s UK managing partner for audit & as...

We spoke with Deloitte’s newest UK managing partner Paul Stephenson on the pandemic and what to expect in the new year Read More...

View article
Report: Auditors brace for “imminent” proposals

Audit Report: Auditors brace for “imminent” proposals

1y Tom Lemmon

Report: Auditors brace for “imminent” proposals

BEIS’s initial recommendations and consultations on audit reform expected to be made public before Christmas with full implementation in 2023 Read Mor...

View article
Pandemic accelerates need for audit reform

Audit Pandemic accelerates need for audit reform

1y Leanna Reeves

Pandemic accelerates need for audit reform

CIIA says crisis stressed need for reform, but auditor warns timing could be wrong Read More...

View article
Industry divided over SEC auditor independence reforms

Audit Industry divided over SEC auditor independence reforms

1y Tom Lemmon

Industry divided over SEC auditor independence ref...

The US Securities and Exchange Commission (SEC)’s reforms to the Auditor Independence Framework have exposed deep divisions in the sector over where t...

View article
Buying guide: innovation safeguards the auditing industry against coronavirus

Audit Buying guide: innovation safeguards the auditing industry against coronavirus

2y Aaran Fronda

Buying guide: innovation safeguards the auditing i...

Increasingly firms are leveraging both in-house and external auditing solutions, but implementation risks remain Read More...

View article
Auditors must “stop pretending” it’s not their job to catch fraud

Audit Auditors must “stop pretending” it’s not their job to catch fraud

2y Tom Lemmon

Auditors must “stop pretending” it’s not their job...

President and founder of audit tech company Confirmation calls on auditors to get serious about catching fraud Read More...

View article
Q&A: G&E's new audit head on moving in a pandemic and the future of audit

Audit Q&A: G&E's new audit head on moving in a pandemic and the future of audit

2y Jeremy Chan

Q&A: G&E's new audit head on moving in a pandemic ...

Moving from the Big Four to a regional firm, Daisy Marsden is taking her audit expertise to Garbutt & Elliott Read More...

View article
Q&A: Deloitte’s deputy CEO and managing partner audit & assurance

Audit Q&A: Deloitte’s deputy CEO and managing partner audit & assurance

2y Michael McCaw

Q&A: Deloitte’s deputy CEO and managing partner au...

The perception of audit has changed – and with it the market Read More...

View article
BEIS committee MP calls for patience over audit reform

Audit BEIS committee MP calls for patience over audit reform

2y Tom Lemmon

BEIS committee MP calls for patience over audit re...

Conservative MP “wouldn’t read into” failure of government to bring legislation forward since the Brydon report was published Read More...

View article
FRC urges government to implement audit reform

Audit FRC urges government to implement audit reform

2y Tom Lemmon

FRC urges government to implement audit reform

Principles for operational separation of audit were released yesterday by the FRC, but new legislation is needed for next steps Read More...

View article
Audit shake-up a good 'first step'

Audit Audit shake-up a good 'first step'

2y Tom Lemmon

Audit shake-up a good 'first step'

FRC has announced plans for the ‘operational separation’ of audit practices Read More...

View article
Audit Q&A: You cannot serve two masters

Accounting Standards Audit Q&A: You cannot serve two masters

2y Shannon Moyer

Audit Q&A: You cannot serve two masters

We sat down with Remko Renes, an assistant professor of corporate governance at Nyenrode Business University, to discuss the future of audit in the UK...

View article
EY’s Wirecard audit exposes potential fraud

Audit EY’s Wirecard audit exposes potential fraud

2y Shannon Moyer

EY’s Wirecard audit exposes potential fraud

After a series of audits by EY and a special audit by KPMG, nearly €1.9bn remains unaccounted for Read More...

View article
Over a third of public bodies expect formal disputes with the private sector when PFI contracts end

Audit Over a third of public bodies expect formal disputes with the private sector when PFI contracts end

2y Simon Reason

Over a third of public bodies expect formal disput...

By Simon Reason, director of the treasury, National Audit Office Read More...

View article
Wirecard audit procedures yet to be completed

Audit Wirecard audit procedures yet to be completed

2y Shannon Moyer

Wirecard audit procedures yet to be completed

EY audit of the financial services provider has been repeatedly deferred Read More...

View article
KPMG, PwC's Eddie Stobart audits under FRC investigation

Audit KPMG, PwC's Eddie Stobart audits under FRC investigation

2y Shannon Moyer

KPMG, PwC's Eddie Stobart audits under FRC investi...

Audits for Eddie Stobart’s 2017 and 2018 accounts found errors dating back several years Read More...

View article
FRC fines KPMG £700,000 for poor audit

Audit FRC fines KPMG £700,000 for poor audit

2y Tom Lemmon

FRC fines KPMG £700,000 for poor audit

The FRC has fined KPMG UK £700,000 and reprimanded KPMG UK’s former senior partner for Manchester, Nicola Quayle for a “failure to apply sufficient pr...

View article
Covid-19: Auditors need clarity before acting

Audit Covid-19: Auditors need clarity before acting

2y Tom Lemmon

Covid-19: Auditors need clarity before acting

Auditors call for clarity and calmness to help assist clients, while technology is making remote working easier Read More...

View article
Winwood: Analytics crucial to future of audit

Audit Winwood: Analytics crucial to future of audit

2y Chris Jewers

Winwood: Analytics crucial to future of audit

Paul Winwood, head of audit at BHP says the ability to drill into numbers in an intelligent manner will shape the future of the industry Read More...

View article

Featured Jobs & Recruiters

View all jobs