SMEs struggling despite economic recovery
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SMEs struggling despite economic recovery

12y Richard Crump , Writer

SMEs struggling despite economic recovery

Limited access to funding, the risk of over-trading and increased competition dragging down SMEs Read More...

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Baker Tilly criticised over deficient audit work
Audit

Baker Tilly criticised over deficient audit work

12y Richard Crump , Writer

Baker Tilly criticised over deficient audit work

FRC censures Baker Tilly for its reluctance to accept criticisms of audits in need of significant improvement Read More...

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IASB starts ‘long journey’ to overhaul macro hedging
Accounting Standards

IASB starts ‘long journey’ to overhaul macro hedging

12y Richard Crump , Writer

IASB starts ‘long journey’ to overhaul macro hedgi...

"Fearsomely complex" approach to macro hedging under IFRS to be simplified by global standard setter Read More...

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EU Parliament adopts non-financial reporting rules
Business Regulation

EU Parliament adopts non-financial reporting rules

12y Richard Crump , Writer

EU Parliament adopts non-financial reporting rules

Large companies must disclose a host of non-financial information in their annual reports Read More...

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Global audits found to be deficient in critical areas
Audit

Global audits found to be deficient in critical areas

12y Richard Crump , Writer

Global audits found to be deficient in critical ar...

Audits conducted by affiliates of six largest firms persistently deficient, survey of 30 regulators finds Read More...

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GT appoints insurance partner from Mazars
Accounting Firms

GT appoints insurance partner from Mazars

12y Richard Crump , Writer

GT appoints insurance partner from Mazars

Craig Scarr joins GT from Mazars to lead firm's UK offerings to the insurance sector Read More...

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Audit reforms passed in European parliament
Audit

Audit reforms passed in European parliament

12y Richard Crump , Writer

Audit reforms passed in European parliament

European politicians pass reforms to force listed companies to tender their audit contracts every ten years Read More...

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Three firms pick up remaining Audit Commission work
Accounting Firms

Three firms pick up remaining Audit Commission work

12y Richard Crump , Writer

Three firms pick up remaining Audit Commission wor...

BDO, KPMG and EY pick up remaining local government Audit Commission contracts Read More...

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FRC extends Cup Trust investigation to include audited accounts
Audit

FRC extends Cup Trust investigation to include audited accounts

12y Richard Crump , Writer

FRC extends Cup Trust investigation to include aud...

FRC extends the scope of its investigation into controversial charity The Cup Trust to include preparation and audit of financial statements Read More...

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MEP calls for independent review into IASB
Accounting Standards

MEP calls for independent review into IASB

12y Richard Crump , Writer

MEP calls for independent review into IASB

Syed Kamall wants EC to commission review into international accounting standard setter - "similar" to Philippe Maystadt's review of Efrag Read More...

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FRC to launch new consultation on going concern
Business Regulation

FRC to launch new consultation on going concern

12y Richard Crump , Writer

FRC to launch new consultation on going concern

UK reporting watchdog to develop going concern proposals for further public consultation following investor criticism, Accountancy Age can reveal Read...

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Weir Group expects to tender audit in 2017
Audit

Weir Group expects to tender audit in 2017

12y Richard Crump , Writer

Weir Group expects to tender audit in 2017

FTSE 100 engineering company expects to tender its audit for the 2017 year end Read More...

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Co-op Bank to raise £400m as losses widen
Company News

Co-op Bank to raise £400m as losses widen

12y Richard Crump , Writer

Co-op Bank to raise £400m as losses widen

Co-operative Bank to launch £400m rights issue following discovery of costs related to past misconduct Read More...

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MEPs question how EC will ensure IASB meets funding requirements
Accounting Standards

MEPs question how EC will ensure IASB meets funding requirements

12y Richard Crump , Writer

MEPs question how EC will ensure IASB meets fundin...

MEPs have asked EC to explain how IASB will avoid conflicts of interest and be democratically accountable Read More...

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BDO loses FTSE 250 Derwent London audit to PwC
Accounting Firms

BDO loses FTSE 250 Derwent London audit to PwC

12y Richard Crump , Writer

BDO loses FTSE 250 Derwent London audit to PwC

PwC picks up the £300,000 audit of Derwent London from BDO Read More...

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EU approves IASB funding with strings attached
Accounting Standards

EU approves IASB funding with strings attached

12y Richard Crump , Writer

EU approves IASB funding with strings attached

Release of EU funding streams contingent upon sufficient reform to prevent conflicts of interest Read More...

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Barclays to end 120-year audit relationship with PwC
Accounting Firms

Barclays to end 120-year audit relationship with PwC

12y Richard Crump , Writer

Barclays to end 120-year audit relationship with P...

PwC being replaced as auditors of Barclays for first time since 1896 Read More...

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EU endorses non-financial reporting for large companies
Business Regulation

EU endorses non-financial reporting for large companies

12y Richard Crump , Writer

EU endorses non-financial reporting for large comp...

Large companies within the EU to report non-financial information in management statement Read More...

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Little chance EC can find an accountant without an IFRS opinion
Accounting Standards

Little chance EC can find an accountant without an IFRS opinion

12y Richard Crump , Writer

Little chance EC can find an accountant without an...

ICAEW & Mazars' conflicts of interest with IFRS review indicative of relationship between profession and regulators Read More...

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IASB to overhaul processes as further filing issues arise
Accounting Standards

IASB to overhaul processes as further filing issues arise

12y Richard Crump , Writer

IASB to overhaul processes as further filing issue...

The IFRS Foundation overhauls governance processes in light of continued shortcomings in its filing record at Companies House Read More...

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EC cancels ICAEW and Mazars review into IFRS
Accounting Standards

EC cancels ICAEW and Mazars review into IFRS

12y Richard Crump , Writer

EC cancels ICAEW and Mazars review into IFRS

Mazars and the ICAEW review into effects of IFRS cancelled, while EC launches investigation into IFRS Foundation's reporting failings Read More...

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Wheel of Fortune: The Audit Fees Survey 2014
Accounting Firms

Wheel of Fortune: The Audit Fees Survey 2014

12y Richard Crump , Writer

Wheel of Fortune: The Audit Fees Survey 2014

Download the Audit Fees Survey 2014 Special Report IT HAS BEEN a signal year for auditors and the finance directors and audit committees of the FTSE 3...

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MEPs urge EC to cancel ICAEW and Mazars IFRS contract
Accounting Standards

MEPs urge EC to cancel ICAEW and Mazars IFRS contract

12y Richard Crump , Writer

MEPs urge EC to cancel ICAEW and Mazars IFRS contr...

MEPs urge EC to cancel ICAEW and Mazars contract to review effects of IFRS; call for investigation into IASB reporting failings Read More...

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Big Four China units appeal US audit ban
Audit

Big Four China units appeal US audit ban

12y Richard Crump , Writer

Big Four China units appeal US audit ban

Big Four Chinese affiliates appeal SEC ruling barring them from auditing US listed companies Read More...

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FRC to amend accounting for debt instruments
Regulatory Bodies

FRC to amend accounting for debt instruments

12y Richard Crump , Writer

FRC to amend accounting for debt instruments

FRC to amend conditions that determine whether debt instruments can be measured at amortised cost or fair value Read More...

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PwC wins Vodafone audit contract
Audit

PwC wins Vodafone audit contract

12y Richard Crump , Writer

PwC wins Vodafone audit contract

PwC replaces Deloitte as Vodafone auditors, as Britain's second-largest listed company changes firm for first time in 26 years Read More...

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Audit profession trapped in 'groundhog day'
Audit

Audit profession trapped in 'groundhog day'

12y Richard Crump , Writer

Audit profession trapped in 'groundhog day'

Audit trapped in an endless and irresolvable loop of discussion, report from RSA and ICAEW finds Read More...

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