Audit

Public Company Accounting Oversight Board

Global audits found to be deficient in critical areas

Audits conducted by affiliates of six largest firms persistently deficient, survey of 30 regulators finds

14 Apr 2014

European Parliament

Audit reforms passed in European parliament

European politicians pass reforms to force listed companies to tender their audit contracts every ten years

03 Apr 2014

Jeremy Newman

Three firms pick up remaining Audit Commission work

BDO, KPMG and EY pick up remaining local government Audit Commission contracts

02 Apr 2014

FRC extends Cup Trust investigation to include audited accounts

FRC extends the scope of its investigation into controversial charity The Cup Trust to include preparation and audit of financial statements

01 Apr 2014

Centrica lines up audit tender process

Centrica lines up an audit tender before 2017, having used PwC since the British Gas demerger in 1997

31 Mar 2014

KPMG navigates Compass audit tender to win deal

KPMG picks up £7.8m Compass Group audit, replacing Deloitte

28 Mar 2014

Deloitte's Balfour Beatty audit tenure to be tested

Balfour Beatty lines up the second half of 2015 to run an audit tender process

27 Mar 2014

FTSE 250 Interserve swaps Deloitte for GT auditors

FTSE 250 company first to move from Big Four firm to mid-tier rival since regulatory audit changes

26 Mar 2014

Menzies launches internal audit service

Appointment of partner sees establishment of internal audit service

26 Mar 2014

RSA introduces 25% non-audit fee cap

RSA's auditors, currently KPMG, will face a 25% non-audit fee cap, based on the total audit fee

25 Mar 2014

Weir Group expects to tender audit in 2017

FTSE 100 engineering company expects to tender its audit for the 2017 year end

25 Mar 2014

BDO loses FTSE 250 Derwent London audit to PwC

PwC picks up the £300,000 audit of Derwent London from BDO

21 Mar 2014

Boutique governance and audit advisers join forces

Senior practitioners merge their businesses to provide range of board governance services

20 Mar 2014

Barclays to end 120-year audit relationship with PwC

PwC being replaced as auditors of Barclays for first time since 1896

07 Mar 2014

HW Fisher launches sustainability assurance service

HW Fisher's commercial property clients to benefit from energy savings and sustainability advice

17 Feb 2014

Big Four China units appeal US audit ban

Big Four Chinese affiliates appeal SEC ruling barring them from auditing US listed companies

17 Feb 2014

PwC wins Vodafone audit contract

PwC replaces Deloitte as Vodafone auditors, as Britain's second-largest listed company changes firm for first time in 26 years

13 Feb 2014

Taking Stock: 'Groundhog Day' nightmare of audit reports

There need to be fewer reports about audit, report about audit finds

13 Feb 2014

Audit profession trapped in 'groundhog day'

Audit trapped in an endless and irresolvable loop of discussion, report from RSA and ICAEW finds

13 Feb 2014

PwC picks up Electrocomponents audit

PwC replaces KPMG as auditors of FTSE 250 electronics distributor

10 Feb 2014

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2shotguests

How software as a service can meet the strategic needs of a growing business

Organisations are now looking for a software service that is cost effective, flexible, streamlined and able to meet the needs of the business both today and in the future

Organisations are now looking for a software service that is cost effective, flexible, streamlined and able to meet the needs of the business both today and in the future

Bank raiding powers could put HMRC at top of insolvency pecking order

Will HMRC’s new bank raiding powers see insolvency practitioners pursuing it for funds taken illegally in the event of bankruptcy?

The Practitioner: The promise of the pension pot

The combination of pensions drawdown and enterprise investment tax planning makes the Practitioner's mouth water - but can the firm get its pensioners lined up in a row?

Leader: Charity begins at home

With so many accountants require support and counselling, an already charitable profession must consider where its efforts go

linkedin-screenshot-1-web

Social networking: How does the Top 50 stack up?

Firms are failing to realise the business benefits of social media sites such as utilising LinkedIn

Colin: There's nothing like a well-thought-out plan

Colin wonders whether some SMEs are keeping it too simple

Taking Stock: When tax is stranger than fiction

Sometimes you just can't make it up, TS finds

Scrapping IR35 all very well – but what else?

IR35 has proven ineffective, but 'what are the alternatives?' asks Calum Fuller

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Briefings

budget-management

Why budgeting fails: One management system is not enough

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.

cchcover

iXBRL: Taking stock. Looking forward

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.