Audit Commission

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Local audit changes could undermine auditor independence

Transparency International warns changes to local audit system may "inadvertently allow corruption to thrive"

15 Nov 2013

Humpty Dumpty audit

Value of the Competition Commission has been in its very existence

Competition Commission's failure to address sufficiency of suppliers in the market is a matter for regret

23 Oct 2013

Report questions auditors' ethics

Research from Harvard finds auditors in India are bending the rules for the benefit of senior management at the company in which they are auditing

14 Oct 2013

TomTom CFO takes right route to NED role

TomTom CFO Marina Wyatt joins the board of Shanks Group as a non-executive director

02 Apr 2013

Local Audit Bill has “gaping holes”, says Hodge

Arrangements set out in Local Audit Bill "will result in a more complex and fragmented audit regime", says Margaret Hodge

18 Jan 2013

Public sector audit work improves for 2011/12

Audit Commission finds there have been improvements in the standard of financial reporting at local bodies

14 Dec 2012

ICAEW urges local audit cost rethink

Government must ensure firms are paid when they conduct a public interest report to hold local authorities accountable

21 Nov 2012

150 Audit Commission staff join Ernst & Young

Commission staff take up new roles at E&Y, after the firm swept up east and south-east audit contracts

13 Nov 2012

Argument erupts in parliament committee over draft audit bill

A parliamentary committee heard evidence of pitfalls and gaps in a local audit draft bill

30 Oct 2012

Jeremy Newman lined up for Audit Commission chair

Eric Pickles lines up former BDO chief Jeremy Newman to wind down Audit Commission

29 Aug 2012

Waterman to head up Audit Commission

Marcine Waterman will take on the controller of audit role, succeeding chief executive Eugene O'Sullivan, from 1 September

25 Jun 2012

Audit Commission: An opportunity missed

The tender process for farming out Audit Commission work hasn’t opened up the market

05 Apr 2012

FRC urges auditors to go back to their roots

FRC publishes paper urging auditors to consider the original philosophy and principles of auditing - scepticism

02 Apr 2012

Large firms clean up local Audit Commission contracts

BDO, Grant Thornton, Mazars and Littlejohn pickup last of the Audit Commission contracts

19 Mar 2012

Lack of audit work halts launch of DA Partnership employee-owned firm

Plans to change DA Partnership into an employee-owned independent firm are scuppered by disappointing contract wins from the Audit Commission

06 Mar 2012

Big firms scoop up Audit Commission work

Grant Thornton picks up four Audit Commission contracts - DA Partnership picks up just one deal

05 Mar 2012

Public sector IFRS: worth the effort?

Little drama from local government's move to IFRS, but was it worth the hard work in the first place?

28 Feb 2012

EU will answer to Lords on audit market future

The House of Lords will grill internal markets commissioner on their proposals for changes to audit

06 Feb 2012

Local government IFRS adoption 'a significant challenge'

Local government has coped well will the "significant challenge" of global accounting standards, watchdog concludes

14 Dec 2011

Optimal budgeting 'essential' as council funding down 11.8%

CIPFA and the Audit Committee underline importance of budgeting as council funding falls

17 Nov 2011

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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

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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

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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.

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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.