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Audit Reform Special

ICAEW at Moorgate Place

ICAEW: Regulation won’t instil trust in auditors

The profession, not the regulators, must drive to inject trust into the profession says ICAEW chairman of audit and assurance

21 May 2012

Jane Howard of Wragges

RPC liability expert Howard joins Wragge & Co

Jane Howard takes her professional liability expertise to Wragges

09 May 2012

blood-graph

Quality the casualty in "brutal" audit price war

Savage price competition is turning audit into a commoditised product where price, and not quality, is the order of the day

04 May 2012

The longer the audit tenure the better says Dutch research

Research from a Dutch university shows auditors that have worked with a company for longer than 10 years have a positive effect on financial statements

26 Apr 2012

FRC hedges bets over audit governance

FRC governance proposals will restore faith in reporting process, while audit tendering rules signal a split from EC stance

25 Apr 2012

Audit: The Next Frontier

How can auditors and regulators work together to restore trust in the financial systems, asks Deloitte Touche Tohmatsu’s global director Roger Dassen

23 Apr 2012

FRC consults on revamped stewardship definition

Financial Reporting Council consultation which could change definition of stewardship in the UK

23 Apr 2012

ICAS says FRC audit reforms don’t go far enough

Scottish Institute says FRC reforms should force auditors to give assurance on entire report and not just in exceptions

20 Apr 2012

FRC waters down audit tendering rules

The FRC is diluting its proposed plans to force all listed companies to change auditor or explain why they haven’t

20 Apr 2012

Dutch to act as catalyst for EC auditor rotation changes

Netherlands reform to introduce mandatory auditor rotation could be catalyst for EC to introduce Europe-wide proposals

16 Apr 2012

Lobbyists want Barclays auditors voted out

Pirc against re-appointment of auditors PwC and non-exec Sir Mike Rake over concerns that accounting rules allow banks to overstate profit

11 Apr 2012

China will help create Big Six

Asian accounting growth the most likely route to Big Four competition, says Sir David Tweedie

05 Apr 2012

Tweedie wants audit and reporting "evolution"

Reporting and auditing that "tells the full story" is needed post-crisis, says new ICAS president Sir David Tweedie - but not through revolution

05 Apr 2012

ICAEW: Banks should reveal auditor disagreements

Banks should disclose key accounting disagreements with auditors in their annual reports, the ICAEW believes

13 Mar 2012

Big Four challengers give evidence to Competition Commission

Mid-tier firms give evidence to Competition Commission, claiming Big Four have a cosy relationship with big businesses

20 Feb 2012

Lawson urges tougher audit reforms from Brussels

Former chancellor urges European Commission to create rules for auditors

08 Feb 2012

PwC claims E&Y 'shadows' its Lloyds audit

PwC claims that E&Y has a shadow team set up to target its Lloyds Banking Group audit

27 Jan 2012

Can principles overule the rules?

Accounting standards must not slip towards complex rules, warns ICAS

24 Jan 2012

US audit watchdog hopes for China deal in 2012

Watchdog wants to hash out an agreement with China over joint audit inspections before the end of the year

12 Jan 2012

Accountancy Age's 2011 Review: In Cartoons...

Accountancy Age takes a misty-eyed look back through our 2011 cartoon archives, to remind you of the big issues of the past year

06 Jan 2012

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Penny Avis' book Nevermind the Botox Rachel

Video: From corporate finance to author

Rachael Singh interviews self-published author and former Deloitte partner Penny Avis on her novel "Nevermind the Botox Rachel"

Managers must spot signs of staff stress

Learn to identify the symptoms of stress in your team, urges CABA

The Practitioner: Staff sit-down shocker

The Practitioner has plenty to think about after a senior staff member reveals the pair haven't 'chatted' for quite a while...

Time for consulting to re-balance?

Despite robust performance in 2011, the consulting industry must reduce its reliance on financial services clients, says Alan Leaman

businessman steps forward

Tax: Don't go back in the future

Forget retrospection and instead put the GAAR together properly to create certainty for business, says Gary Richards

CIMA and ICAEW accounts: all in the presentation

Fully transparent, or just one for the accountants? asks Kevin Reed

TS recalls Pet's star Healy's close links to HMRC

Tim Healy's recent run-in with the taxman isn't his only dealing with HMRC, TS recalls...

Colin: Cost-cutting a step too far

Finance function takes its toll at BBC offices

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Briefings

Supplier Statement Reconciliations cover

Supplier statement reconciliations: Manual chore or critical value adding process?

By looking at the reasons supplier statements became unfashionable, and the reasons why it is different today, this paper delves into the many benefits that can be obtained by automating the process.

7 Building Blocks cover

7 building blocks for business growth

Having a real and true view of your organisation’s current financial position, and having the right systems and processes in place, will ensure that you can make strong choices and are ready to capitalise on opportunities