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 7 of 19

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

Leader: Baker Tilly's naming nerves

Baker Tilly's impending name change opens up a range of possiblities, writes Calum Fuller

The Practitioner: R&D tax credit boon awaits clients

The Practitioner is gobsmacked at the opportunities for tax savings that R&D credits will bring for clients

Macro View: Soaring US dollar could unleash nasty global tremors

If upward pressures on the dollar escalate, its strength could become malignant and the blessing could become a curse

social-networking

Auto-enrolment: Know the workforce - assessing workers

Who 'works' for a business? A simple question, but one that requires careful consideration as far as meeting auto-enrolment requirements are concerned, writes Stephen Rowntree

Taking Stock: Haslers' marathon man avoids comfort break

Better out than in for long-distance runner

Taking Stock: Rickard very Keen on its psuedonym

Rickard Keen's move to limited status sees some unusual detail at Companies House...

Colin: EY-ers cheer on partner profits

Colin wonders how EY partners reacted to their profit figures

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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.