US and EU outline inspection criteria audit
Audit

US and EU outline inspection criteria audit

18y Penny Sukhraj

US and EU outline inspection criteria audit

Thanks to consultations between the EU and USA, a system of mutual oversight reliance could be in place by 2009 Read More...

View article
Profile: Audit Commission chairman Michael O'Higgins
Audit

Profile: Audit Commission chairman Michael O'Higgins

18y Kevin Reed , Writer

Profile: Audit Commission chairman Michael O'Higgi...

With revenues outperforming most of the Top 50 firms, the Audit Commission plays a vital role in ensuring value for money for taxpayers. Chairman Mic...

View article
AIU makes U-turn on firm reviews
Audit

AIU makes U-turn on firm reviews

18y Penny Sukhraj

AIU makes U-turn on firm reviews

Audit Inspection Unit backs down on plans to publish list of reviewed company audits after sustained protest from firms Read More...

View article
Get the latest analysis and reports delivered to your inbox daily
PwC urged to return Northern Rock fees
Audit

PwC urged to return Northern Rock fees

18y David Jetuah

PwC urged to return Northern Rock fees

MPs tell Big Four firm it should give back audit fees earned from its Northern Rock work Read More...

View article
PwC to face 'vigorous' grilling by MPs
Audit

PwC to face 'vigorous' grilling by MPs

18y David Jetuah

PwC to face 'vigorous' grilling by MPs

Big Four firm to be exposed to intense questioning by Treasury Select Committee members in relation to its role as auditor of Northern Rock Read More...

View article
Joint audits: distorting reality
Audit

Joint audits: distorting reality

18y Accountancy Age

Joint audits: distorting reality

Let's examine facts - not fiction - on joint audits Read More...

View article
US outlines audit inspection criteria
Audit

US outlines audit inspection criteria

18y Penny Sukhraj

US outlines audit inspection criteria

PCAOB chairman Mark Olson says countries would also have bilateral agreements in working towards full compliance Read More...

View article
Accountant sues TV evangelist's son
Audit

Accountant sues TV evangelist's son

18y Penny Sukhraj

Accountant sues TV evangelist's son

Accountant alleges son of Oral Roberts ordered him to 'cook the books' and then wrongfully sacked him Read More...

View article
EU may have to accept US GAAP next year
Accounting Standards

EU may have to accept US GAAP next year

18y Penny Sukhraj

EU may have to accept US GAAP next year

McCreevy to propose acceptance of US GAAP without reconciliation to IFRS Read More...

View article
No need for EU regulators' guidance on subprime turmoil
Audit

No need for EU regulators' guidance on subprime turmoil

18y Penny Sukhraj

No need for EU regulators' guidance on subprime tu...

But PCAOB says crises has created complex accounting issues that may need guidance Read More...

View article
Mutual oversight of audit to be discussed at FEE conference
Audit

Mutual oversight of audit to be discussed at FEE conference

18y Penny Sukhraj

Mutual oversight of audit to be discussed at FEE c...

EC to discuss quality assurance proposals for non-EU audit firms Read More...

View article
Auditors question expense claims of senior Scotland Yard officer
Audit

Auditors question expense claims of senior Scotland Yard officer

18y Penny Sukhraj

Auditors question expense claims of senior Scotlan...

Scotland Yard assistant commissioner, Andy Hayman, sees £15,000-worth of expenses queried by auditors Read More...

View article
Audit Commission: NHS yet to reach its potential
Audit

Audit Commission: NHS yet to reach its potential

18y AccountancyAge.com

Audit Commission: NHS yet to reach its potential

A new report from the Audit Commission finds key NHS reform has yet to achieve its potential Read More...

View article
SEC has 'weak internal controls'
Audit

SEC has 'weak internal controls'

18y Penny Sukhraj

SEC has 'weak internal controls'

The SEC does not have effective internal control, the US Government Accoutability Office says Read More...

View article
Damning report causes rows in Ulster council
Audit

Damning report causes rows in Ulster council

18y Penny Sukhraj

Damning report causes rows in Ulster council

'Council is at risk of failures of delivery service' - Deloitte report says Read More...

View article
Met audit claims scalps
Audit

Met audit claims scalps

18y David Jetuah

Met audit claims scalps

The Metropolitan Police is under the kosh as the fallout from an internal audit which found a possible £2m black hole in its accounts rages on Read M...

View article
US audit oversight provides glimpse of UK's future
Audit

US audit oversight provides glimpse of UK's future

18y Alex Hawkes

US audit oversight provides glimpse of UK's future

PCAOB methods give UK auditors food for thought Read More...

View article
APB senior exec appointed to international auditing body
Audit

APB senior exec appointed to international auditing body

18y Penny Sukhraj

APB senior exec appointed to international auditin...

'Appointment is international recognition of expertise' says FRC chief executive Boyle Read More...

View article
Aust regulator ASIC has KPMG in sight
Audit

Aust regulator ASIC has KPMG in sight

18y AccountancyAge.com

Aust regulator ASIC has KPMG in sight

ASIC, the Australian corporate regulator, is considering legal action against big four firm KPMG in part of a bid to recover more than $A300m Read Mo...

View article
NAO finds little merit in pathfinder scheme
Audit

NAO finds little merit in pathfinder scheme

18y AccountancyAge.com

NAO finds little merit in pathfinder scheme

England’s pathfinder housing market renewal scheme has come under attack from the National Audit Office Read More...

View article
Audit Commission calls for better quality public data
Audit

Audit Commission calls for better quality public data

18y David Jetuah

Audit Commission calls for better quality public d...

Public sector bodies given voluntary standards to assist in improving the quality of data they use to manage and report their activities Read More...

View article
US CFOs reject auditors’ role in detecting fraud
Audit

US CFOs reject auditors’ role in detecting fraud

18y AccountancyAge.com

US CFOs reject auditors’ role in detecting fraud

A Grant Thornton survey of US CFOs and senior comptrollers shows a majority of 86% reject the auditor’s responsibility to detect fraud Read More...

View article
Herz calls for calm approach in IFRS convergence rush
Audit

Herz calls for calm approach in IFRS convergence rush

18y Penny Sukhraj

Herz calls for calm approach in IFRS convergence r...

Rushing IFRS convergence could compromise its aim, according to head of US financial Accounting Services Board, who suggests that the SEC should back ...

View article
NCT appoints new auditors
Audit

NCT appoints new auditors

18y Kevin Reed , Writer

NCT appoints new auditors

The National Childbirth Trust has replaced its long-time auditors Buzzacotts with Kingston Smith, after a review by its finance and audit committee R...

View article
Relaxing audit firm ownership could stimulate growth
Audit

Relaxing audit firm ownership could stimulate growth

18y Nicholas Neveling

Relaxing audit firm ownership could stimulate grow...

Audit firms should not rule out external investment too quickly Read More...

View article
Brussels sweats on court's accounts verdict
Audit

Brussels sweats on court's accounts verdict

18y Alex Hawkes

Brussels sweats on court's accounts verdict

Brussels may be set to have its accounts given a clean bill of health for the first time ever Read More...

View article
GM takes $39bn charge over tax assets
Audit

GM takes $39bn charge over tax assets

18y Penny Sukhraj

GM takes $39bn charge over tax assets

Automaker says mammoth third qurarter charge will not impact on operations in US, Germany and Canada Read More...

View article