Regulatory bodies

deloitte-strand

Deloitte US slapped with $2m fine over audit violation

Deloitte hit with joint largest civil fine levied by the PCAOB

24 Oct 2013

A Lotus Formula One car

FIA accounts criticised for lack of transparency

PwC audited Formula One accounts criticised for lacking disclosure, specifically around personnel spending

21 Oct 2013

Michel Prada IASB trustee chairman

IFRS Foundation chair warns EU against amending IFRS

Changing IFRS for European purposes could lead to incompatible standards, warns Michael Prada

17 Oct 2013

Competition Commission waters down audit reforms

Competition watchdog retreats from contentious plans and imposes ten year audit tendering rules

15 Oct 2013

FRC strategy director Mridul Hegde resigns

FRC director of strategy Mridul Hegde unexpectedly resigns from the UK reporting watchdog, Accountancy Age reveals

14 Oct 2013

IASB rate-regulation rules unfair to the UK, says FRC

FRC suggests interim standard for rate-regulated entities "disadvantageous" to countries that already use IFRS

11 Oct 2013

EU tells IASB and Efrag to toughen up governance regimes

Europe calls for IASB funding arrangements to be reliant on the IASB updating its own governance

08 Oct 2013

PwC’s Powell says international tax no longer fit for purpose

PwC chairman and senior partner says tax regime needs to evolve with the times

04 Oct 2013

FRC and BIS defend legality of global accounting standards

FRC and BIS rubbish claims that IFRS conflicts with UK company law as "misguided"

04 Oct 2013

Deloitte appeals MG Rover tribunal

Deloitte and former partner Maghsoud Einollahi have launched an appeal against their fines by the FRC for their MG Rover work

03 Oct 2013

FRC proposes tougher measures on exec pay in governance code

FRC consults on possible amendments to the UK corporate governance code on executive remuneration

03 Oct 2013

Consultation to simplify insolvency process launched

Proposals to simplify Insolvency Rules such as allowing electronic submissions is launched by the Insolvency Service

27 Sep 2013

FRC vows to continue audit reform fight in annual meeting

FRC says it plans to work closer with audit committees, opens Brussels office, and is verging on sanctioning audit performance failures itself, at Baroness Hogg's last annual meeting

17 Sep 2013

PCAOB uncovers audit failings at KPMG and PwC

Inspections by US's accountancy watchdog uncover failings in 38 audits carried out by PwC and KPMG

02 Sep 2013

Competition watchdog urged to water down audit tendering rules

Competition Commission told to scrap five year audit tendering plans in favour of FRC’s ten year 'comply or explain' approach

27 Aug 2013

FRC and PCAOB agree to joint audit supervision

Agreement allows for joint work on inspections and exchanges of otherwise confidential information

23 Aug 2013

PCAOB highlights worrying number of “deficient” audits

Firms auditing brokers and dealers found wanting by PCAOB inspections

21 Aug 2013

Tendering changes will cost audit market £100m a year

Taken together, FRC and Competition Commission audit proposals will cost accountants and businesses £100m a year

16 Aug 2013

PCAOB proposes biggest shake-up to US audit reports since 1940s

America's accountancy watchdog wants auditors to reveal more information about the listed companies they audit

14 Aug 2013

FRC rubbishes mandatory five year audit tendering

FRC warns five year tendering could result in a "sham process" that will undermine competition

13 Aug 2013

Page 5 of 17

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

New scheme provides 'access all areas' to the profession

Historic definition of what future accounting talent looks like is changing

The Practitioner: Heading off client's 'value' query at the pass

A client's new in-house accountant forces the Practitioner to up their game

The Practitioner: Struggling client holds WIP hand

A client of The Practitioner is in financial difficulties, owing the practice a lot of money...

people global network

Top 35 Networks 2013: The Survey

Our full survey results of the top 38 accounting networks, associations and alliances

CONFIRMED - Accountants are sexy beasts

Accountants are among the most interesting workers in the bedroom, apparently

Colin: Evaders are going to struggle to fit in

Colin was tickled when he realised how much harder tax evaders are to find life after the LDF limitations

Colin: Capital punishment

Is IFRS being used as a scapegoat for bad corporate behaviour? muses Colin

Share Price Centre

Track the fortunes of UK-listed companies with our Share Price Centre

PI Insurance

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Financial Planning and Performance AnalystCabinet Office-Greater London-Competitive

 
 
 
 
 
 
 
 

 

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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.

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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.