Regulatory bodies

cta-bdo-essential-reading

Colin: The auditor's reading list

Following the FRC's concerns over Grant Thornton and BDO's audit work, Colin recommends a some light reading

26 Mar 2013

IFRS Foundation expands Middle Eastern influence

IFRS Foundation appoints Abdulrahman Al-Humaid as a trustee with immediate effect

22 Mar 2013

Audit magnifying glass

GT and BDO told to buck up professional scepticism

FRC review team raises concerns about some of Grant Thornton and BDO's listed company audit work

22 Mar 2013

FRC disagrees with Competition Commission rotation plans

FRC claims mandatory auditor rotation would undermine audit committees' authority

20 Mar 2013

FRC and FASB among 12 members of IASB advisory forum

US and UK national standard setters among inaugural members of IASB's Accounting Standards Advisory Forum

20 Mar 2013

SEC grilled over its Deloitte China legal case

Magistrate grills SEC attorney over rules it used to subpoena Deloitte China attorney

18 Mar 2013

Deloitte and FRC fire opening salvoes in MG Rover tribunal

Deloitte launches defense of its role in two transactions it advised the 'Phoenix Four' on when they owned MG Rover in 2000, as FRC tribunal gets underway

12 Mar 2013

GCCAAO and ICAEW sign audit quality agreement

ICAEW signs agreement with Gulf states to develop an audit monitoring programme

07 Mar 2013

Deloitte/MG Rover tribunal begins

FRC tribunal to determine if Deloitte had a conflict of interest in advising the Phoenix Four which bought MG Rover begins today

05 Mar 2013

FRC boss defends 'comply or explain' audit tendering

UK competition and reporting watchdogs at loggerheads over comply or explain provision for mandatory audit tendering

27 Feb 2013

Xerox chief accountant appointed to the IASB

Xerox chief accounting officer Gary Kabureck joins IASB for an initial term ending 30 June 2017

26 Feb 2013

Big Four audit dominance has "adverse" effect, CC to find

The Big Four dominance of the listed audit market has an "adverse" effect on competition, an investigation into the firms' concentration of the market is expected to find

18 Feb 2013

Internal auditors banned from engagement teams

FRC bans auditors from using internal audit staff on engagement teams; IIA recommends scope of internal audit should be unlimited

12 Feb 2013

EU standard setters wade into IFRS debate

The FRC joins with fellow European national standard setters to influence IASB's work on conceptual framework that underpins IFRS

08 Feb 2013

Auditors' going concern judgment to extend beyond 12 months

Companies' ongoing financial health must be judged over a longer period of time, according to draft proposals put forward by the FRC

31 Jan 2013

Audit reform aboard the slow train of Europe

An initial vote on controversial reforms of the audit market are due in March, but don't be surprised by more delays

28 Jan 2013

FRC plans 8.5% hike to levy rates

Additional funding will be used to clear backlog of disciplinary cases and promote influence abroad

23 Jan 2013

IASB to amend asset impairment rules

IASB publishes exposure draft of proposed modifications to the disclosures for the measurement of the recoverable amount of impaired assets

21 Jan 2013

Accounting regulation “toothless”, say readers

HP's £5.5bn write-down following its acquisition of Autonomy exposes "toothless" accounting regulation, say readers

04 Jan 2013

FRC to use firms' revenues to calculate disciplinary fines

In less than two months, audit and non-audit clients, profitability per partner and market could be considerations when handing out disciplinary fines

07 Dec 2012

Page 6 of 15

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

Mehjoo: No such thing as a general retainer?

The long-running legal dispute between midlands firm Harben Barker and client Hossein Mehjoo emphasises the importance of clear terms, write Andrew Howell and Alexa Segal

The Practitioner: If you don’t ask you don’t know

Can the practitioner face their fears and asked the fee question?

Miller's Tale: Women perfectly placed for accountancy's evolution

Women are making their way into the world of finance with more pace than ever before - but how far up the ladder they can climb? And how are they perceived? Accountant, and Accountancy Age columnist, Cara Miller debates this hot topic

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.