Among global banks and insurers the survey finds the highest number of deficiencies relate to the auditing of allowance for loan losses and loan impairments, internal control testing, and auditing the valuation of investments and securities
When a BIS commons select committee meets to discuss insolvency regulation, it could do much worse than to take a long, hard look at conflicts between employment and insolvency rules
UK cigarette maker will replace auditors PwC because of planned litigation against the firm by one of its subsidiaries
Much of the FRC's optimism has been gleaned from the contents of its newly published survey, 'Extended auditor's reports: A review of experience in the first year'
The Big Four have been at the forefront of shifts in audit technology, where deeper pockets can provide market advantage. The significant costs could damage market choice
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If budgeting is to have any value at all, it needs a radical overhaul. In today's dynamic marketplace, budgeting can no longer serve as a company's only management system; it must integrate with and support dedicated strategy management systems, process improvement systems, and the like. In this paper, Professor Peter Horvath and Dr Ralf Sauter present what's wrong with the current approach to budgeting and how to fix it.
In this white paper CCH provide checklists to help accountants and finance professionals both in practice and in business examine these issues and make plans. Also includes a case study of a large commercial organisation working through the first year of mandatory iXBRL filing.