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Audit Committee

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Governance and accountability 'weak' in public audit

Heads of local government audit said public audit committees are weak at accountability and good governance

11 May 2011

888 bets on new audit committee chairman

Gaming specialist move in new chairman for audit committee while search continues for new CEO

13 Apr 2011

KPMG senior partner appointed to CATco board

A former senior KPMG partner has been appointed as audit committee chair by reinsurance specialist CATco

04 Apr 2011

Poor performance in banking crisis weakens case for Big Four status quo

Lord MacGregor, chairman of the Lords' economic affairs committee, on the findings of its audit inquiry

01 Apr 2011

Lords report ties auditors in knots

Firms are reluctant to pin their colours to the wall, but speculation over the House of Lords report on audit is furious

29 Mar 2011

Safferys' Sykes takes Henry Boot non-exec role

James Sykes to chair audit committee of Henry Boot

23 Mar 2011

PwC to audit Clarity Commerce Solutions

PwC is to take over from Baker Tilly as the auditor of Clarity Commerce Solutions

16 Mar 2011

Audit must aim higher

Who do auditors really serve – shareholders, citizens or their "clients"?

11 Feb 2011

Committed to reform

Audit committees could prove the focus of change in genuine reform

10 Feb 2011

Big Four challengers join forces to call for audit change

Rivals to the Big Four call for an end to restrictive covenants, and new measures to aid international competition

09 Feb 2011

PwC tenure as TUI auditors could be short-lived

Incoming audit committee chairman at TUI Travel set to consider PwC's independence as auditor

04 Feb 2011

Investors urged to vote against PwC's TUI audit appointment

Investment representatives unhappy about PwC's return to TUI as auditor

26 Jan 2011

Minister has "serious concerns" over Big Four's audit dominance

Ed Davey says government regulation of audit market is not preferred option and urges big companies to consider using mid-tier accounting firms

26 Jan 2011

Audit committees attracting CFO talent

Higher proportion of CFOs and accountants chairing audit committees of the UK's largest companies

18 Jan 2011

Auditor/audit committee talks should be in annual reports

Investors want a summary of audit committee discussions with auditors included in annual reports

13 Jan 2011

Big Four split backed by top UK investor

Big Four firms could be moulded to create a Big Eight, suggests Standard Life's Guy Jubb

12 Jan 2011

Auditors say it's time for action

Audit profession says it's ready to deal with a new way of working, but is edgy at the lack of momentum

12 Jan 2011

FRC wants better investor engagement in 2011

Financial Reporting Council outlines four key priorities for 2011

20 Dec 2010

Broader expertise needed to beef up internal audit

IIA chief Dr Ian Peters says departments need wider experience to beef up internal audit departments, hears the Lords' committee looking at the audit market

15 Dec 2010

FRC steers clear of auditor rotation call

Tighter auditor independence rules and a new European audit authority, suggests the Financial Reporting Council, but forced auditor rotation seems a step too far

14 Dec 2010

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Leader: Will younger generation push for a UK institute?

Will British institutes learn from a New Zealand/Australia merger - or have the Trans/Tasmans already learned from them?

Jo Swinson: More needed but insolvency reform step in the right direction

Consumer affairs minister Jo Swinson writes for Accountancy Age on the incoming reforms to insolvency practitioners’ regulation.

FRC is sounding like a modern day Cassandra

Concerns raised in the FRC's latest round of audit inspections sound strikingly familar. Why has the profession failed to address them?

curtain

Don't COP out of guiding clients through tax mire

Anita Brook of Accounts Assist gives a hands-on guide to Code of Practice 9

Taking Stock: Accountancy and the sheriff of Cumbria

TS loves it when two worlds collide

Colin: Hey diddle (tax) diddle

Colin offers his assessment of the pressure on 'tax havens'

Colin: Don't panic! (about avoidance)

Colin succinctly rounds up the latest court ruling on tax avoidance and advisers' responsiblities

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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.