Audit Reform Special

Competition Commission Victoria House

Competition Commission revises audit reform timetable

Revised timetable sees final report brought forward to September

25 Apr 2013

PCAOB chairman James Doty

Audit market “flirting with stagnation”, says PCAOB chair

Lack of information and difficulty in discerning the difference between audits risks market stagnation, warns James Doty

19 Apr 2013

john-griffiths-jones-8

FCA chairman Griffith-Jones under fire over HBOS audits

The new City watchdog was last night fighting to defend its chairman amid accusations that as head of its auditors KPMG, HBOS pursued reckless lending strategy

09 Apr 2013

Big Four find Competition Commission audit conclusions lacking

Big Four audit firms criticise basis of watchdog's conclusions as "flawed", "unsound" and based on selective evidence

08 Apr 2013

Colin: The ideal candidates for audit reform

Colin suggests candidates falling well within the criteria for audit reform

02 Apr 2013

Tension grows as EU audit decision looms

A recent Brussels conference captured the full range of views over the future structure of the audit market

02 Apr 2013

Transparency and flexibility are keys to audit reform

European parliament hears transparency, quality and role of investors must be addressed in audit reforms

27 Mar 2013

FRC disagrees with Competition Commission rotation plans

FRC claims mandatory auditor rotation would undermine audit committees' authority

20 Mar 2013

EU committee votes for seven-year auditor tendering

Econ committee's position sets up auditor tendering: the lead committee's final decision is due in April

18 Mar 2013

FRC boss defends 'comply or explain' audit tendering

UK competition and reporting watchdogs at loggerheads over comply or explain provision for mandatory audit tendering

27 Feb 2013

Scepticism sits low on FDs' audit priorities

Financial Director survey finds many other traits rank above scepticism and challenge when assessing auditors' qualities

27 Feb 2013

Investor power at core of Competition Commission remedies

Greater visibility of work done by auditors and audit committees will prove their interests are being served

26 Feb 2013

Non-audit remains "point for discussion" within Europe

MEP Sajjad Karim tells Accountancy Age he agrees with many of the proposals put forward by the Competition Commission, but non-audit services remains a point for discussion

25 Feb 2013

Big Four dismiss claims they are failing shareholders

Competition Commission claims that auditors have misaligned incentives between shareholders and management, denied by Big Four

22 Feb 2013

Competition Commission delivers an irreversible truth

Competition Commission findings could pave the way for an irreversible process to open up the market explains BDO's James Roberts

22 Feb 2013

The Financial Director 2013 Audit Survey

The Financial Director audit survey shows the Big Four has maintained its stranglehold on the audit market. But for how long? asks Richard Crump

22 Feb 2013

Leader: Audit 'baby steps' are pragmatic

Competition Commission takes a realistic, but relatively unexciting, view on opening up the audit market

22 Feb 2013

Competition Commission aims to break Big Four dominance

Competition Commission proposes remedies after investigation finds audits too often fail to fulfil their intended purpose

22 Feb 2013

Big Four audit dominance has "adverse" effect, CC to find

The Big Four dominance of the listed audit market has an "adverse" effect on competition, an investigation into the firms' concentration of the market is expected to find

18 Feb 2013

Audit committees don't understand their annual reports

Two-fifths of audit committees from around the world believe their annual reports cannot be understood

30 Jan 2013

Page 4 of 18

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

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

New scheme provides 'access all areas' to the profession

Historic definition of what future accounting talent looks like is changing

The Practitioner: Heading off client's 'value' query at the pass

A client's new in-house accountant forces the Practitioner to up their game

The Practitioner: Struggling client holds WIP hand

A client of The Practitioner is in financial difficulties, owing the practice a lot of money...

people global network

Top 35 Networks 2013: The Survey

Our full survey results of the top 38 accounting networks, associations and alliances

Colin: Evaders are going to struggle to fit in

Colin was tickled when he realised how much harder tax evaders are to find life after the LDF limitations

Colin: Capital punishment

Is IFRS being used as a scapegoat for bad corporate behaviour? muses Colin

Colin: A spoonful of American patriotism helps the tax go down

Colin takes a wry look at Walgreens' move away from US tax inversions

Share Price Centre

Track the fortunes of UK-listed companies with our Share Price Centre

PI Insurance

Professional Indemnity insurance tailored to the needs of small- to medium-sized practices

Find Me An Accountant

Locate an accounting practice that meets your particular business needs

Financial Planning and Performance AnalystCabinet Office-Greater London-Competitive

 
 
 
 
 
 
 
 

 

Newsletters

Get the latest financial news sent directly to your inbox

  • Best Practice
  • Business
  • Daily Newsletter
  • Essentials

Careers

Search for jobs
Click to search our database of all the latest accountancy roles

Create a profile
Click to set up your profile and let the best recruiters find you

Jobs by email
Sign up to receive regular updates with the latest roles suitable for you

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.