‘If firms are to keep up with the pace, simply dictating that “this is how things will be done from now on” is not enough,’ said to Pannell Kerr Forsters’ Tony Upson who chaired the working party that produced the booklet.
‘It is vital to develop staff and partners with the necessary skills, knowledge and ability, and manage change effectively,’ he added.
Written by audit practitioners from firms of all sizes, the booklet shows how modern auditing has moved beyond a routine set of procedures to a more challenging and constructive business-oriented approach.
It contains practical advice on conducting audits as well as the wider aspects of organisational culture necessary for improvements.
‘Towards Better Auditing’ is being distributed to all members of the Audit and Assurance Faculty and is available from the Faculty priced £10.00.
A new head of solutions, Aidan Brennan, has been appointed at KPMG UK
The second largest improvement in ‘significant’ levels of financial distress since the EU Referendum was in professional services, found research from Begbies Traynor
Just one half of UK practices have implemented a pricing structure around auto enrolment implementation and advice - with many suffering increased costs
Deloitte's north-west Europe foray; BDO, Smith & Williamson investment paths; Shelley Stock Hutter; and Wilkins Kennedy discussed by editor Kevin Reed on our Friday Afternoon Live broadcast