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Audit Reform Special

long path

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

microscope

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

Star Trek

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

EC v the rest on audit, says CBI

The EC's proposals for audit reform won't improve audit quality and independence, nor will they boost competition and choice, writes John Cridland

23 Dec 2011

Auditors fear loss of influence in Brussels

Auditors agree positive engagement essential in European reform debate

13 Dec 2011

Watchdog considers probe of Deloitte’s RBS audit

FSA passes on its report ito RBS' near collapse onto the AADB

13 Dec 2011

Page 4 of 16

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

Profession reaches end of its tether with PAC

After the Public Accounts Committee's latest hearing - in which it heavily criticised Google's tax affairs - many advisers have had enough

#AAYP 2013: Talent is ageless, but youth unemployment is a problem

The principles of developing future leaders apply whether you've just left school or got years of experience under your belt

To quota or not to quota: that is the problem

Women on board quotas may have a bad rep, but it’s the only way to address inherent bias argues Fiona Hotston Moore

CABA's Wendy Saunders and CEO Kath Haines

Feature: Inside the Chartered Accountants' Benevolent Association

After seeing a 70% rise in demand, Calum Fuller visited the Chartered Accountants Benevolent Association to learn more about its efforts to provide support

Success of FRS 102 needs to be replicated on going concern

The consultation process for FRS 102 was arguably the most wide-ranging the FRC has ever conducted. It should apply the same rigour to going concern

Colin: Colin was here

Colin loves to be the centre of attention, as the Sky News Twitter account can testify

Taking Stock: Life in the slow lane

It was less Wacky Races and more Sunday driving as a team from Reeves helped raise £15,000 for charity as part of a race to Monaco

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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.