Audit Reform Special

illustration-of-a-manual-labourer-wielding-a-hammer

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

sajjad-karim

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

Competition Commission Victoria House

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

E&Y cleared by FRC over Lehmans audit

Ernst & Young face no further investigation from the UK's accounting watchdog

29 Jan 2013

Leader: Accountants are victims of their own success

Advisers' ability to permeate and influence throughout the business world makes them a target for vilification, suggests Kevin Reed

28 Jan 2013

Audit reform aboard the slow train of Europe

An initial vote on controversial reforms of the audit market are due in March, but don't be surprised by more delays

28 Jan 2013

EU and UK audit reforms hit by delays

Competition Commission postpones provisional findings until February while European reforms beset by political wrangling

23 Jan 2013

Sir David Tweedie: Audit upheaval a "wonderful opportunity"

ICAS president says audit standard setters' plans could make audits more vital to stakeholders - and show off the work undertaken

17 Jan 2013

KPMG replaces PwC as Schroders auditor

KPMG wins Schroders audit, ending PwC's 50-year tenure as the fund manager's auditor

09 Jan 2013

Interview: MEP Sharon Bowles, advocate for audit change

Down to earth - not shy and retiring - Bowles lays out her thoughts on the extent to which audit reforms must be set

08 Jan 2013

Leader: Why is 'most trusted' tag reassuring for accountants?

Survey that shows accountants are 'more trusted' than banks proves a massive hit - but why should that be the case?

18 Dec 2012

FRC and ICAS investigate auditor competencies

FRC's conduct committee and ICAS join forces to look into whether auditor competency is fit for purpose in the current climate

21 Nov 2012

Audit needs to adapt or risk becoming “irrelevant”, say experts

A panel debate by some of the leading experts in the profession warn that audit reports need to change or risk becoming irrelevant

20 Nov 2012

EU business wants diverse audit, claims GT

Experian survey finds majority of companies across the EU want a more diverse audit market

09 Nov 2012

Page 5 of 19

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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

Leader: KPMG's SME move part of a worrying change to small practice landscape

KPMG's foray into the SME market will likely succeed, but it must convince clients it will ‘care' in the same way a ‘local' practice would

The Practitioner: Mastering a merger

The Practitioner calls for senior staff to step up to the plate: as clandestine merger meetings take place

The Practitioner: 'Tis the season to tidy up

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

david-and-goliath-img

David vs Goliath? Small practitioners pick apart KPMG's SME move

Storm erupts after Big Four firm announces it will take on high-street accountants and the mid-tier accountancy firms that focus predominantly on SME market

Colin: Captain Obvious joins the Lib Dems

Colin wonders what other bleeding obvious policies the Lib Dems will announce in the run-up to the election

Colin: Uber tax, Uber problems

Colin wonders whether Uber's customers could perhaps operate their tipping system in the same manner that the minicab business operates its app

Taking Stock: Multi-marathon men make a move

Loadsa marathons, and loadsa numbercrunchers doing the hard yards...

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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.