The Big Four have failed in their bid to have a new French law imposing
Sarbox-like restrictions overturned.
A new code had been introduced preventing a firm from auditing a company’s
accounts if it had offered advisory services in the previous two years. With
companies in France being double audited, the move is set to cause chaos in the
French assurance market, the firms said.
The Conseil d’Etat rejected suggestions this week that the new code of ethics
was any more restrictive than a 2003 law that it stemmed from.
MHA MacIntyre Hudson has partnered with cloud accounting software provider Xero ahead of the government’s requirement for digital records
Smaller businesses could be excluded from government plans for making business transactions digital, found new research from ICAEW
The second largest improvement in ‘significant’ levels of financial distress since the EU Referendum was in professional services, found research from Begbies Traynor
Further powers are being sought by HMRC, but it is ‘failing’ to use those it already has, such as Conduct Notices, says RPC