Audit

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Scottish Police Authority audit quality panned

Unqualified 2013/14 accounts criticised while attention drawn to the poor quality of several aspects of the SPA's accounting records

22 Dec 2014

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FRC launches probe into Tesco's audit and accounting scandal

FRC launches investigation into preparation, approval and audit of Tesco's accounts

22 Dec 2014

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Increased audit responsibilities prompt FRC levy hike

FRC goes cap in hand to the profession as it grapples with increased costs associated with its audit work

19 Dec 2014

FRC consults on EU audit directive and regulation

FRC seeking views on whether limits on non-audit services to PIEs or their controlled entities in Europe should apply to all audited group entities

19 Dec 2014

Reforestation business chooses Grant Thornton as auditor

Americapital chooses Grant Thornton to help it during its next listing phase

17 Dec 2014

GT resigns Quarto audit over conflict of issue

Quarto's directors announced the move to the stock market following the emergence of a conflict of interest between a director at the publisher and Grant Thornton

16 Dec 2014

ICAEW draws up plans for assurance on banks’ capital

New assurance framework intended to provide a basis for independently examining risk-weighted assets

15 Dec 2014

PwC in the money with new publisher’s audit

PwC replaces Deloitte as auditors of FTSE 250 publisher Euromoney Institutional Investor

12 Dec 2014

Accounts qualified for 1,000 ‘small bodies', reports Audit Commission

The Audit Commission dismayed at decline in quality of reporting for ‘small bodies' such as parish councils and Internal Drainage Boards, which spend around £570m of public money each year

11 Dec 2014

KPMG stays top dog in auditor ranking stakes

Every top 20 firm retained the same position as the last stock market client Adviser Ranking in August 2014

04 Dec 2014

Deloitte faces Saudi audit ban

Threat stems from Saudi's market regulator, the Capital Market Authority (CMA), telling businesses registered in the Middle Eastern state to stop using its local services

02 Dec 2014

FRC review finds bank audits in need of 'significant improvements'

Profession's watchdog slams aspects of quality of the financial institutions' audits from the Big Four and mid-tier firms in 2012-13 audit quality review report

02 Dec 2014

BDO picks up audit of Vimto makers Nichols

BDO appointed auditors to Vimto makers Nichols following a competitive pitch process.

24 Nov 2014

Council investigated by financial police after PKF audit report

PKF Littlejohn discovered that Keighley Town Council may have taken "unlawful actions" and acted "without consideration of its legal powers"

21 Nov 2014

Colin: Audit losses go down badly

Colin imagines KPMG's reaction to losing Diageo audit

20 Nov 2014

Internal auditors must up game over new anti-corruption rules

Government's more onerous anti-corruption plan means internal auditors must up their game

20 Nov 2014

KPMG and McLaren Group forge predictive analytics partnership

The Big Four firm becomes a ‘pioneer' partner of McLaren, fusing technology outfit's expertise in predictive analytics and KPMG's audit and consulting capability

20 Nov 2014

Bangladesh audit reform moves forward, despite disagreements

A power struggle between Bangladeshi institutes fails to halt move towards stronger audit and accounting regulation

20 Nov 2014

Changing of the audit guard at G4S

PwC will formally take over as the group's auditor for the year ending 31 December 2015

17 Nov 2014

Diageo ends 17-year audit relationship with KPMG

PwC replaces KPMG as auditors of FTSE 100 drinks manufacturor Diageo

11 Nov 2014

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This web seminar will explain how finance directors can monitor and understand the various financial costs of staff turnover

The Practitioner: 'Tis the season to tidy up

The Practitioner lets loose with 'Deskgate', after losing the plot over yet another untidy area...

AS2014: Osborne's reforms sensible - IoD

Sensible reforms preface more radical tax policies in next parliament, writes Institute of Directors' head of taxation Stephen Herring

#AS2014: ACCA still concerned over public coffers, despite spending plans

Government's spending plans give false impression of state of the UK's finances, writes ACCA's Chas Roy-Chowdhury

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Intermediary rules: What your clients need to know

Alastair Kendrick walks through the new landscape for workers engaged through intermediaries, and finds that clients might not have up-to-scratch systems and processes

Taking Stock: Massaging the figures

TS was pleased to note some interesting methods to alleviate Christmas stress

Colin: Using Google to make money out of the net

Colin thinks Osborne's latest tax wheeze means he is not such a bad egg after all

Taking Stock: Daddy issues at French Duncan

Taking Stock spares a though for Alasdair Cairns, who has just gained a new boss. His dad.

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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.

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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.