Regulatory bodies

PCAOB chairman James Doty

Audit market “flirting with stagnation”, says PCAOB chair

Lack of information and difficulty in discerning the difference between audits risks market stagnation, warns James Doty

19 Apr 2013

asaf

ASAF discusses conceptual framework at inaugural meeting

IASB and members of the ASAF discuss conceptual framework and impairment projects at inaugural meeting

10 Apr 2013

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

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

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

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?

Miller's Tale: Quality time(sheets)

Love them or loathe them, timesheets are a part of day-to-day life for most practices. Cara Miller asks whether they're actually outdated, and a hindrance

The Practitioner: In death comes clarity

The untimely death of a client makes The Practitioner think about the role of an accountant

iht-key

Probate: How to manage death and taxes

Mick Jones takes a sideways, but informative, view on the issues accountants face in offering probate services

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

Share Price Centre

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

PI Insurance

Professional Indemnity insurance tailored to the needs of small- to medium-sized practices

Find Me An Accountant

Locate an accounting practice that meets your particular business needs

HM Revenue & Customs

Head Of Financial Control

HM Revenue & Customs, Telford, Full Time, Permanent/p>

 

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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.