Link: Sarbanes-Oxley in depth
The Securities and Exchange Commission plans to restrict non-audit services that could impede audit independence and demands that a company’s audit committee first approve the services that are offered.
It further plans to prohibit audit partners staying with a client for more than five consecutive years and intends to prohibit firms from performing audits with clients where directors were members of the audit team less than one year ago.
The public has 30 days to comment or request amendments. The new rules are set to come into force at the end of January 2003.
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
The Financial Reporting Council has issued guidance regarding the annual reporting of 1,200 large and smaller listed companies. The letter highlighted the key issues and improvements that can be made in the 2016 reporting season