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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Time for an overhaul of public audit
Audit

Time for an overhaul of public audit

5y John Tizard and David Walker

Time for an overhaul of public audit

The crisis in company audit has knock on consequences for public audit - and now is a good time to review the remit of the National Audit Office, say ...

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Audit reform: The devil is in the detail
Audit

Audit reform: The devil is in the detail

5y Ruth Bender

Audit reform: The devil is in the detail

Emeritus Professor Ruth Bender of Corporate Financial Strategy from Cranfield School of Management on the next steps following the CMA and Kingman rev...

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Patisserie Valerie receiving multiple bids despite being shrouded in fraud
Audit

Patisserie Valerie receiving multiple bids despite being shrouded in fraud

5y Accountancy Age

Patisserie Valerie receiving multiple bids despite...

Over 920 people who were made redundant due to store closures will not be paid this month Read More...

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Has the audit process improved since Carillion? No, say company secretaries
Audit

Has the audit process improved since Carillion? No, say company secretaries

5y Beth McLoughlin

Has the audit process improved since Carillion? No...

More than half of company secretaries surveyed by ICSA, the Government Institute and recruitment specialist said the industry has learned little from ...

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EY to improve audits via independent panel
Audit

EY to improve audits via independent panel

5y Accountancy Age

EY to improve audits via independent panel

EY are responding to calls for independence among the Big Four accounting firms Read More...

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Patisserie Valerie plunges into administration closing 70 cafes immediately
Audit

Patisserie Valerie plunges into administration closing 70 cafes immediately

5y Accountancy Age

Patisserie Valerie plunges into administration clo...

It is thought that up to 900 Patisserie Valerie employees could lose their jobs Read More...

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Update on Carillion: FRC continue investigating KPMG for 2014-17 audits of construction company
Audit

Update on Carillion: FRC continue investigating KPMG for 2014-17 audits of ...

5y Accountancy Age

Update on Carillion: FRC continue investigating KP...

The investigation into Carillion's collapse continue on with a renewed focus on KPMG's audits of the construction business Read More...

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Is Patisserie Valerie fraud worse than everyone originally thought?
Audit

Is Patisserie Valerie fraud worse than everyone originally thought?

5y Accountancy Age

Is Patisserie Valerie fraud worse than everyone or...

The popular cake chain says it's accounts were 'significantly manipulated' before its near-collapse last year Read More...

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The state of audit in accountancy
Audit

The state of audit in accountancy

5y Accountancy Age

The state of audit in accountancy

It's time! After another year of financial scandals, Accountancy Age are taking the plunge and writing a feature on audit in accountancy. Please take ...

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FRC v Sports Direct : the latest regulatory challenge on privilege
Audit

FRC v Sports Direct : the latest regulatory challenge on privilege

5y Richard Highley and Julian Bubb-Humfryes

FRC v Sports Direct : the latest regulatory challe...

The FRC has successfully persuaded a court to order an audit client, Sports Direct International Plc (SDI), to disclose privileged documents relevant ...

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Carillion collapse: CMA, audit, and construction
Audit

Carillion collapse: CMA, audit, and construction

5y Emanuela Hawker , Reporter

Carillion collapse: CMA, audit, and construction

Although the CMA report has highlighted changes that need to be made in the audit sector (as pointed out by Duff & Phelps), MHA MacIntyre Hudson has e...

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Aston Martin searches for new auditor as KPMG declines opportunity to re-pitch
Audit

Aston Martin searches for new auditor as KPMG declines opportunity to re-pi...

5y Accountancy Age

Aston Martin searches for new auditor as KPMG decl...

There's already shuffling happening in the UK audit sector following the CMA's audit review just before Christmas Read More...

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AAnswers podcast: Financial scandals in 2018 and beyond
Audit

AAnswers podcast: Financial scandals in 2018 and beyond

5y Accountancy Age

AAnswers podcast: Financial scandals in 2018 and b...

With our new podcast series, AAnswers, we respond to the big questions of our time, future-proofing the knowledge you need to succeed moving forwards ...

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Patisserie Valerie chooses RSM to succeed Grant Thornton as auditor
Audit

Patisserie Valerie chooses RSM to succeed Grant Thornton as auditor

5y Accountancy Age

Patisserie Valerie chooses RSM to succeed Grant Th...

RSM will audit Patisserie Valerie's accounts as the fraud scandal continues to unfold Read More...

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The Sports Direct privilege decision is a major erosion of fundamental rights
Audit

The Sports Direct privilege decision is a major erosion of fundamental righ...

5y Hickman and Rose

The Sports Direct privilege decision is a major er...

The High Court in Sports Direct has ruled that the fundamental protections afforded by legal privilege can be sidestepped by the FRC in the course of ...

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Is letting investors choose auditors the key to reform?
Audit

Is letting investors choose auditors the key to reform?

5y Beth McLoughlin

Is letting investors choose auditors the key to re...

At the ICAEW Information for Better Markets conference, some new suggestions were added to the ideas on the table for reforming the sector Read More...

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The CMA recommendations for audit reform are finally published
Audit

The CMA recommendations for audit reform are finally published

5y Beth McLoughlin

The CMA recommendations for audit reform are final...

Legislation proposed to impose joint audit and separate audit from consulting services, among other measures Read More...

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Audit: what it was, what it is, and what it shall never be
Audit

Audit: what it was, what it is, and what it shall never be

5y Andrew Oury

Audit: what it was, what it is, and what it shall ...

As we near the end of 2018, another year wrought with audit scandals, what do we know about the state of this age old practice? Read More...

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PwC starts roundtable discussions on future of audit
Audit

PwC starts roundtable discussions on future of audit

5y Beth McLoughlin

PwC starts roundtable discussions on future of aud...

The company has set up a web page and will produce a white paper with suggestions on how the audit sector can move forward Read More...

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KPMG, Deloitte and the audit dilemma
Audit

KPMG, Deloitte and the audit dilemma

5y Emanuela Hawker , Reporter

KPMG, Deloitte and the audit dilemma

Following KPMG and Deloitte’s proposal to stop providing non-audit services to audit clients, the industry considers whether this move will be benefic...

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Grant Thornton respond to CMA review
Audit

Grant Thornton respond to CMA review

5y Emanuela Hawker , Reporter

Grant Thornton respond to CMA review

What does Grant Thornton make of CMA’s reviewing of the auditing process and the powers of the Big Four? Read More...

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What is the future of audit?
Audit

What is the future of audit?

5y Beth McLoughlin

What is the future of audit?

As the CMA prepares to release its study on the market for statutory audit, we look at the options for change which are getting more support from prof...

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Why the Big Four give audits a bad name
Audit

Why the Big Four give audits a bad name

5y Stephen Broderick

Why the Big Four give audits a bad name

According to Stephen Broderick, global CEO of FirmDecisions, the role of the profession in scandals such as Carillion has led many to question the soc...

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IAASB announces proposed ISA 315 changes
Audit

IAASB announces proposed ISA 315 changes

5y Emanuela Hawker , Reporter

IAASB announces proposed ISA 315 changes

IAASB has recently released their largely supported consultation proposals on ISA 315 Read More...

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Was lack of visibility to blame for Patisserie Valerie fraud?
Audit

Was lack of visibility to blame for Patisserie Valerie fraud?

6y Accountancy Age

Was lack of visibility to blame for Patisserie Val...

With nearly 3,000 jobs at stake, Accountancy Age speaks to Mario Spanicciati, chief strategy officer at BlackLine about what was to blame for the frau...

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Audit sector under immediate review by CMA
Audit

Audit sector under immediate review by CMA

6y Emanuela Hawker , Reporter

Audit sector under immediate review by CMA

In the light of continuing audit controversies, CMA will be conducting a market study that will cover three key areas Read More...

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