The research also lays part of the blame at auditors who are failing to be sufficiently rigorous in auditing IAS compliance.
However, it is a shared responsibility and is a situation that cannot be allowed to continue if companies are to meet the European Union’s 2005 deadline for full IAS compliance.
It’s hard not to have some sympathy; talk of international standards has been around for a long, long time. But if there is a message that this research should hammer home it is that the EU’s deadline is real.
And it’s imminent.
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
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