An opportunity for change in the accounting sector – a need for reinvention

Audit An opportunity for change in the accounting sector – a need for reinvention

5y Leon Kahmi, Head of Responsibility

An opportunity for change in the accounting sector...

There is usually a silver lining to every dark cloud, and the one hanging over the UK accounting sector is no exception, says Leon Kamhi, Head of Resp...

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Making the case for shared audit

Audit Making the case for shared audit

5y Clive Stevens, Chairman

Making the case for shared audit

Clive Stevens, Chairman of the Association of Practising Accountants makes the case for shared audit as the solution for the future of audit. Read Mor...

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Areas for audit to evolve according to PwC paper

Audit Areas for audit to evolve according to PwC paper

5y Chris Jewers

Areas for audit to evolve according to PwC paper

Accountancy firms are looking at ways to improve the quality of the audits they undertake to restore confidence in the industry, and PwC’s report come...

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Audit - A changing game

Audit Audit - A changing game

5y Stuart A Brown, Associate director, quality and technical assurance, Duncan & Toplis

Audit - A changing game

Stuart Brown of Duncan & Toplis spells out why there will be significant changes as a result of reviews into the audit sector - and why these changes ...

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Could this AI audit programme revolutionise the mid-tier market?

Audit Could this AI audit programme revolutionise the mid-tier market?

5y Beth McLoughlin

Could this AI audit programme revolutionise the mi...

A partnership between Canadian company MindBridge Ai and Kreston Reeves is creating the next generation of audit for mid-tier firms Read More...

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Could the separation of audit and consultancy, allowing for contingent fees to be charged for consultancy - be the solution to the audit conundrum?

Audit Could the separation of audit and consultancy, allowing for contingent fees to be charged for consultancy - be the solution to the audit conundrum?

5y Beth McLoughlin

Could the separation of audit and consultancy, all...

GovGrant CEO Luke Hamm argues that contingent fees are the best way for clients to get the outcome they want from their R&D and innovation tax credit...

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FRC audit inspection finds no improvement on last year

Accounting Firms FRC audit inspection finds no improvement on last year

5y Chris Jewers

FRC audit inspection finds no improvement on last ...

75% of FTSE 350 audits assessed as good or requiring limited improvements, failing to meet the FRC's 90% target Read More...

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Financial reporting – a new era beckons for professionals, directors and their insurers

Audit Financial reporting – a new era beckons for professionals, directors and their insurers

5y Rebecca Smith, Partner

Financial reporting – a new era beckons for profes...

The future of audit hangs in the balance. Rebecca Smith, partner at DAC Beachcroft, takes a forensic look at some of the proposals on the table Read M...

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KPMG slapped with $50m fine over past audit work

Audit KPMG slapped with $50m fine over past audit work

5y Tom Lemmon

KPMG slapped with $50m fine over past audit work

KPMG has agreed to pay a $50m penalty after the American Securities and Exchange Commission (SEC) charged the firm with altering past audit work after...

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Audit of the future

Audit Audit of the future

5y Andy Turner, Audit and Business Advisory Partner

Audit of the future

Mercer & Hole's audit and business advisory partner Andy Turner gives his view on how technology is advancing the process of audit and what we might e...

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PwC audit changes are “unacceptable”

Audit PwC audit changes are “unacceptable”

5y Tom Lemmon

PwC audit changes are “unacceptable”

PwC’s newly-announced audit reforms are “unacceptable” and “do not appear to go far enough”, according to Professor Prem Sikka and the CMA Read More...

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PwC reveals “big deal” tech plan to boost audit quality

Audit PwC reveals “big deal” tech plan to boost audit quality

5y Dave Beach

PwC reveals “big deal” tech plan to boost audit qu...

PwC has committed to an additional £30m annual spend to boost training, employee numbers and technology in a bid to improve its audit process. It incl...

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ICAEW: Companies House data a “gaping hole in AML defences”

Audit ICAEW: Companies House data a “gaping hole in AML defences”

5y Dave Beach

ICAEW: Companies House data a “gaping hole in AML ...

New research quantifies the extent of Companies House inaccuracy as the ICAEW urges the Treasury and BEIS to shore up defences Read More...

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Grant Thornton to up audit quality with new appointment

Audit Grant Thornton to up audit quality with new appointment

5y Dave Beach

Grant Thornton to up audit quality with new appoin...

Grant Thornton has today appointed insider Fiona Baldwin as head of audit, several months after the Patisserie Valerie debacle Read More...

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Goldman Sachs chooses Mazars for audit – but does it really matter?

Audit Goldman Sachs chooses Mazars for audit – but does it really matter?

5y Tom Lemmon

Goldman Sachs chooses Mazars for audit – but does ...

Mazars has been selected as Goldman Sachs' European auditor, but Prof. Elaine Harris questions whether that means very much will change Read More...

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Audit sector needs a bold new regulator

Audit Audit sector needs a bold new regulator

5y Sam Walsh and Richard Khaldi, Regulation and transformation experts at PA Consulting

Audit sector needs a bold new regulator

Sam Walsh and Richard Khaldi, regulation and transformation experts at PA Consulting on how the new financial regulatory body can rebuild public trust...

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KPMG UK announce new audit structure – but is it enough?

Audit KPMG UK announce new audit structure – but is it enough?

5y Tom Lemmon

KPMG UK announce new audit structure – but is it e...

KPMG UK's new audit structure is intended to deliver on many of the CMA and BEIS comittee recommendations, but critics say only a full separation will...

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Will Deloitte get 5-year ban in India?

Audit Will Deloitte get 5-year ban in India?

5y Tom Lemmon

Will Deloitte get 5-year ban in India?

Deloitte’s India arm is expected to be banned from trading for 5 years over its role in the scandal at Infrastructure Leasing and Financial Services (...

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The CMA has released its final report into the future of the audit market

Audit The CMA has released its final report into the future of the audit market

5y Beth McLoughlin

The CMA has released its final report into the fut...

Audit reform gets a step closer with the Competition and Market Authority's recommendations, including a separation of audit from other functions Read...

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The madness of audit independence

Audit The madness of audit independence

5y Clive Viegas Bennett, CEO of MGI Worldwide

The madness of audit independence

As the CMA announces sweeping proposals for audit reform, Clive Viegas Bennett, CEO of MGI Worldwide, says the way the industry works is fundamentally...

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Life after BHS, Carillion, & Patisserie Valerie: Is there light at the end of the tunnel for audit?

Audit Life after BHS, Carillion, & Patisserie Valerie: Is there light at the end of the tunnel for audit?

5y Accountancy Age

Life after BHS, Carillion, & Patisserie Valerie: I...

In her final article for Accountancy Age, Lucy explores quality of audit in the past and now, and what the future of the profession looks like Read Mo...

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Audit vs R&D: “There is a clear conflict which accountancy firms aren’t dealing with”

Audit Audit vs R&D: “There is a clear conflict which accountancy firms aren’t dealing with”

5y Beth McLoughlin

Audit vs R&D: “There is a clear conflict which acc...

Ex-Big Four accountant and investor Steve Phillips, who is now CFO at GovGrant, shares his unique perspective on the audit conundrum Read More...

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Top accounting scandals in 2018

Audit Top accounting scandals in 2018

5y Virginia Blackburn

Top accounting scandals in 2018

A summary of the cases of financial scandals, accounting fraud and corporate fraud which capitivated us last year and their implications Read More...

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Sir Donald Brydon appoints team for his audit review

Audit Sir Donald Brydon appoints team for his audit review

5y Beth McLoughlin

Sir Donald Brydon appoints team for his audit revi...

The Independent Review into the Quality and Effectiveness of the UK Audit Market led by Sir Donald Brydon has announced its advisory board Read More...

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Patisserie Valerie rescued in management buyout backed by Causeway Capital Partners

Audit Patisserie Valerie rescued in management buyout backed by Causeway Capital Partners

5y Accountancy Age

Patisserie Valerie rescued in management buyout ba...

After being on the brink of complete collapse, Patisserie Valerie and 2,000 of its jobs has been saved Read More...

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"There isn't a single answer to fixing the cyber security problem," says Rainbird CEO

Audit "There isn't a single answer to fixing the cyber security problem," says Rainbird CEO

5y Emanuela Hawker, Reporter

"There isn't a single answer to fixing the cyber s...

Ben Taylor, CEO of Rainbird, has spoken to Accountancy Age about technology in accounting and what the future might bring Read More...

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What do audit clients think about audit?

Audit What do audit clients think about audit?

5y Emanuela Hawker, Reporter

What do audit clients think about audit?

Source Global Research has put the question to audit clients and has received some interesting responses Read More...

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