The Financial Services Authority will face an examination of its record and
effectiveness by the National Audit Office, in the first-ever formal review of
Ed Balls, the economic secretary to the Treasury, will announce today that the
National Audit review will focus on how the FSA is managed and its five areas of
Areas under scrutiny will include the FSA’s internal performance management,
its joint work with other organisations in Britain, its international influence
and representation, and financial crime.
Simon Wright of CareersinAudit.com discusses how an effective cyber defence force is critical to businesses worldwide and how internal auditors can make the transition to a new career in cyber security
The FRC has said that the investigation will 'consider, but not be restricted to, issues regarding misstated accounting balances'
Craig Maxwell joins the audit and assurance team in Scotland
Stephen Grayson to join the audit department in Manchester