PracticeAuditPensions group publishes ‘risk’ audit

Pensions group publishes 'risk' audit

Capita Hartshead, part of the Capita Group, has become only the second specialist pensions administrator to publish an independently audited record of its internal controls.

Link: Concern over pensions bail-out plans

The FRAG 21 report is based on a framework set by the ICAEW and describes the control environment and control objectives at Capita Hartshead, and looks at pension fund accounting and IT operational areas.

In addition, the audit contains a seperate report by PricewaterhouseCoopers which includes interviews with Capita Hartshead’s senior managers as well as ‘rigorous testing of specific control procedures’.

Mike Addenbrooke, managing director of Capita Hartshead based in Sheffield, said the report would allows clients and their auditors to understand the way in which the company conducts is business and how it control risks.

‘Risk management and accountability have a higher profile in the boardroom than ever before, and we are responding to that,’ he added.

Related Articles

PwC replaces EY as Domino's auditor

Audit PwC replaces EY as Domino's auditor

2d Alia Shoaib, Reporter
The ‘uncomfortable truth’ behind FRC’s Big Four fines recommendations

Audit The ‘uncomfortable truth’ behind FRC’s Big Four fines recommendations

1w Carl Johnson, Stephensons
BDO holds off Big Four to retain top position as AIM auditor

Audit BDO holds off Big Four to retain top position as AIM auditor

1w Alia Shoaib, Reporter
FRC urged to fine Big Four firms penalties over £10m

Audit FRC urged to fine Big Four firms penalties over £10m

3w Alia Shoaib, Reporter
EY to audit Standard Chartered bank

Audit EY to audit Standard Chartered bank

1m Alia Shoaib, Reporter
KPMG replaces PwC as Croda auditor

Accounting Firms KPMG replaces PwC as Croda auditor

2m Emma Smith, Managing Editor
EY fined £1.8m over Tech Data audit

Accounting Standards EY fined £1.8m over Tech Data audit

2m Emma Smith, Managing Editor
Top 50+50: Firms post significant growth in new tax and audit rankings

Audit Top 50+50: Firms post significant growth in new tax and audit rankings

2m Emma Smith, Managing Editor