The regulator is to announce moves this week to invite debate on the
ownership of accountancy firms in an effort to increase choice in the audit
market, to prevent a crisis if one of the large firms should fail.
The announcement will come with a progress report by the Financial Reporting
Council on its project to improve competitiveness.
The FRC is also expected to announce plans to get prove equity funds and
large unquoted companies to help foot the regulator’s £12m annual budget, with
an extension of levies to quoted AIM and Plus market companies.
Two new audit partners have been appointed at the firm BDO in its audit practice following continued growth and investment
Investment in people, tech and businesses impacts on EY's profit per partner figure
If businesses do not take cyber security seriously in their business planning regulators may do it for them, the ICAEW has warned
Dr Richard Willis provides a several thousand-year history lesson of the profession, from origin to modern-day