Patricia Hewitt, trade and industry secretary, will address the House of Commons early this afternoon, outlining the results of a year-long inquiry into the UK accounting profession.
She is likely to recommend some significant changes to the industry.
Reports will begin appearing in this special area soon after Hewitt begins her speech. From then on keep refreshing the page to read the latest developments.
The speech is expected to commence at 12:30pm.
Simon Wright of CareersinAudit.com discusses how an effective cyber defence force is critical to businesses worldwide and how internal auditors can make the transition to a new career in cyber security
The FRC has said that the investigation will 'consider, but not be restricted to, issues regarding misstated accounting balances'
Craig Maxwell joins the audit and assurance team in Scotland
Stephen Grayson to join the audit department in Manchester