Audit Reform Special

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Bangladesh audit reform moves forward, despite disagreements

A power struggle between Bangladeshi institutes fails to halt move towards stronger audit and accounting regulation

20 Nov 2014

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Diageo ends 17-year audit relationship with KPMG

PwC replaces KPMG as auditors of FTSE 100 drinks manufacturor Diageo

11 Nov 2014

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Are ethics and profits mutually exclusive?

The markets crave trust, and business must be more proactive in its delivery

04 Nov 2014

New audit threshold reform – a threat or an opportunity?

What should smaller firms be doing to prepare for the impending audit threshold reforms? Having a strategy to work smarter, differently, than in the past is a must, writes Simon Warren

27 Oct 2014

Leader: Tesco's woes sees 'materiality' question raised

Even if 'materiality' proves not to be a key aspect of the Tesco debacle, it won't stop navel-gazing among the audit profession

24 Oct 2014

Power of audit debate shifts perceptions - marginally

Divergent opinions still exist over the level of rigour applied by the audit profession

10 Oct 2014

SRA refines 'accountants report' exemption plans

Solicitors regulator reveals phased approach to creating exemptions for lawyers from the accountants report

24 Sep 2014

Firms worried about UK's ‘illogical’ audit interpretation

Competition and Markets Authority's interpretation of EU audit rules could result in 'illogical' outcomes, accounting firms warn

10 Sep 2014

KPMG and EY win major listed company audits

Quintain Estates and Pennon Group choose KPMG and EY as their auditors

26 Aug 2014

Major UK companies line up 2017 for audit tenders

Johnson Matthey, Babcock International, Qinetiq and Big Yellow Group line up 2017 audit tenders, while 32Red swaps Grant Thornton for KPMG

20 Jun 2014

RBS prepares to tender audit contract

Bank will take contract to market later this year, having used Deloitte since 2000

16 Jun 2014

Leader: Latest stats show audit revolution's a long way off

The first tranche of audit tenders has seen familiar faces picking up major audits - illustrating that more market competition is a long way off

03 Jun 2014

KPMG increases lead as most prolific stock market auditor

Number of stock market clients audited by KPMG skips up ten in the last quarter, according to Adviser Rankings

02 Jun 2014

Bank audits not up to scratch, finds FRC

FRC inspection report highlights continued deficiencies in the quality and rigour of bank audits

28 May 2014

Fee caps and the black list prompt firms to rethink audit strategy

Auditors are reviewing their tendering strategies in light of strict new rules on the amount of consulting and tax advice they can provide to clients

15 May 2014

KPMG retains long-standing Greggs audit work

Big Four firm keeps hold of its slice of Greggs services

09 May 2014

Audit reforms passed in European parliament

European politicians pass reforms to force listed companies to tender their audit contracts every ten years

03 Apr 2014

Deloitte's Balfour Beatty audit tenure to be tested

Balfour Beatty lines up the second half of 2015 to run an audit tender process

27 Mar 2014

Barclays to end 120-year audit relationship with PwC

PwC being replaced as auditors of Barclays for first time since 1896

07 Mar 2014

Taking Stock: Will John Bason be tender with Compass audit contract?

Compass audit committee chair John Bason heads into the unknown as the finance chief looks to conclude tender process

03 Feb 2014

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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

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

The Practitioner: 'Tis the season to tidy up

The Practitioner lets loose with 'Deskgate', after losing the plot over yet another untidy area...

AS2014: Osborne's reforms sensible - IoD

Sensible reforms preface more radical tax policies in next parliament, writes Institute of Directors' head of taxation Stephen Herring

#AS2014: ACCA still concerned over public coffers, despite spending plans

Government's spending plans give false impression of state of the UK's finances, writes ACCA's Chas Roy-Chowdhury

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Intermediary rules: What your clients need to know

Alastair Kendrick walks through the new landscape for workers engaged through intermediaries, and finds that clients might not have up-to-scratch systems and processes

Taking Stock: Massaging the figures

TS was pleased to note some interesting methods to alleviate Christmas stress

Colin: Using Google to make money out of the net

Colin thinks Osborne's latest tax wheeze means he is not such a bad egg after all

Taking Stock: Daddy issues at French Duncan

Taking Stock spares a though for Alasdair Cairns, who has just gained a new boss. His dad.

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Briefings

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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.