FRC

stephen-haddrill-1

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

nick land

Auditors should reveal more about potential risk, say readers

Audit reports should provide greater detail, Accountancy Age readers say in a poll

22 Feb 2013

frc-logo

Ex-Cattles subsidiary FD excluded from ICAEW

Welcome Financial Services former finance director Peter Miller is stripped of licence for six years

19 Feb 2013

Ex-Cattles group FD stripped of licence at tribunal

James Corr stripped of his ICAS licence for eight years but will not incur any financial sanction following a tribunal by the profession’s watchdog

18 Feb 2013

Internal auditors banned from engagement teams

FRC bans auditors from using internal audit staff on engagement teams; IIA recommends scope of internal audit should be unlimited

12 Feb 2013

FRC to investigate Autonomy over financials

The FRC is investigating Autonomy over alleged misrepresentations made in its accounts prior to its acquisition by Hewlett Packard

11 Feb 2013

Colin: Give me a sign

Colin ponders what any changes to auditors' risk assessment might entail

08 Feb 2013

EU standard setters wade into IFRS debate

The FRC joins with fellow European national standard setters to influence IASB's work on conceptual framework that underpins IFRS

08 Feb 2013

Cattles launches legal battle against former auditor PwC

Troubled sub-prime lender Cattles is to take PwC to court over its audit prior to the revelation of a huge accounting black hole

05 Feb 2013

Scope of auditors' report to be extended to include risk

FRC proposes step change from the traditional binary pass/fail model of audit reporting

05 Feb 2013

Colin: FRC dig deep

Colin wonders where the FRC's 'going concern' audit timescale will end

01 Feb 2013

Auditors' going concern judgment to extend beyond 12 months

Companies' ongoing financial health must be judged over a longer period of time, according to draft proposals put forward by the FRC

31 Jan 2013

FRC plans 8.5% hike to levy rates

Additional funding will be used to clear backlog of disciplinary cases and promote influence abroad

23 Jan 2013

Accounting regulation “toothless”, say readers

HP's £5.5bn write-down following its acquisition of Autonomy exposes "toothless" accounting regulation, say readers

04 Jan 2013

FRC deaf to profession's howls over fine calculations

Regardless of howls of opposition from the profession, the FRC is pushing ahead with changes to the way disciplinary fines are calculated

12 Dec 2012

FRC files formal complaint against Farepak director

CEO of Farepak's parent company will face an FRC disciplinary hearing in the first half of next year

11 Dec 2012

FRC to use firms' revenues to calculate disciplinary fines

In less than two months, audit and non-audit clients, profitability per partner and market could be considerations when handing out disciplinary fines

07 Dec 2012

Divisions over shape of new UK GAAP

FRC framework for reduced disclosures welcomed, but opinion split over shape of new UK GAAP

30 Nov 2012

Accountancy regulation “toothless”, say Citi analysts

Analysts at Citi, an advisor to Autonomy on the HP takeover, criticise the way financial reporting is policed by the FRRP

27 Nov 2012

New standards leave UK business with plenty to ponder

Advisors urge good planning and a considered approach to the introduction of new UK accounting standards

23 Nov 2012

Page 7 of 22

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

Audit magnifying glass

New audit threshold reform – a threat or an opportunity?

What should smaller firms be doing to prepare for the impending audit threshold reforms? Having a strategy to work smarter, differently, than in the past is a must, writes Simon Warren

Colin: Chocolate coin meltdown

Colin ponders the impact of chocolate coins being pulled 'out of circulation'

Colin: No-go for new Tesco logo

Colin attempts a unilateral rebrand for Tesco

Taking Stock: Haslers' marathon man avoids comfort break

Better out than in for long-distance runner

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Appointments to University Committees

University of Glasgow 120x60University of Glasgow - Glasgow - unremunerated positions

 

 

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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.