Ernst & Young has predicted a boom in outsourcing of internal audit services. The firm said the role of internal auditors is rapidly changing due to greater demands for corporate governance and closer ties between internal audit and business objectives. The report ‘Internal audit outsourcing’ forces driving change’ showed 40% of company directors interviewed saw the possibility of increased outsourcing of the internal audit function as more cost effective. Over 60% of respondents admit to difficulties when tackling IT and strategic areas of risk review and policy.
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