|
|
30 Mar 2011
AUDITING PRACTICE guidelines have received a makeover, shortly before the House of Lords issues its proclamation on the role of auditors in the banking crisis.
The Auditing Practices Board has revised the rules governing the audit of banks and building societies, focusing on accounting estimates and impairment provisions.
Further reading
Extra guidance on bilateral meetings between auditors and the FSA has been offered by the APB. Chairman Richard Fleck said the time is "opportune" to polish up the guidance on areas "that were identified as being of particular interest in the credit crisis".
You may also like
Search thousands of financial jobs:
Search thousands of financial jobs:
Careers
Search for jobs
Click to search our database of all the latest accountancy roles
Create a profile
Click to set up your profile and let the best recruiters find you
Jobs by email
Sign up to receive regular updates with the latest roles suitable for you
Briefings
By looking at the reasons supplier statements became unfashionable, and the reasons why it is different today, this paper delves into the many benefits that can be obtained by automating the process.
Having a real and true view of your organisation’s current financial position, and having the right systems and processes in place, will ensure that you can make strong choices and are ready to capitalise on opportunities
AccountancyAgeInsight is a frequently updated resource centre for finance professionals, offering a free and easy-to-use digital library of briefings, white papers and other information resources. 
Visitor comments Add your comment