MPs hear from trio of Big Four firms over BHS advice
Accounting Firms

MPs hear from trio of Big Four firms over BHS advice

8y Chris Warmoll , Writer

MPs hear from trio of Big Four firms over BHS advi...

KPMG raised concerns over Retail Acquisition's ability to continue to trade and fund both BHS Read More...

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Law Society pours scorn on ICAEW's latest attempt to expand its legal reach
Accounting Standards

Law Society pours scorn on ICAEW's latest attempt to expand its legal reach

8y Kevin Reed , Writer

Law Society pours scorn on ICAEW's latest attempt ...

Law Society claims that the public interest cannot prove to have been served by the ICAEW's move into probate - and as such should not be used by the ...

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Friday Afternoon Live: Big Four push into SME space, more Heelgate and our new quiz!
Corporate Governance

Friday Afternoon Live: Big Four push into SME space, more Heelgate and our ...

8y Accountancy Age

Friday Afternoon Live: Big Four push into SME spac...

Kevin Reed discusses the week's news Read More...

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Five more women added in gender discrimination lawsuit against KPMG US
Accounting Firms

Five more women added in gender discrimination lawsuit against KPMG US

8y Fraser Simpson , Reporter

Five more women added in gender discrimination law...

Gender discrimination lawsuit against develops as five more women join the legal challenge Read More...

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PwC Vatican audit suspended
Accounting Firms

PwC Vatican audit suspended

8y Chris Warmoll , Writer

PwC Vatican audit suspended

Pell admits he was “a bit surprised” by the letter but believed the audit would re-start after a number of issues have been resolved Read More...

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Error in Department for Education’s financial statements ‘material and pervasive’
Accounting Standards

Error in Department for Education’s financial statements ‘material and perv...

8y Calum Fuller , Reporter

Error in Department for Education’s financial stat...

National Audit Office report critical of Department for Education's financial statements, amid huge expansion of academies across England Read More...

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Auditors face FTSE 350 concerns over cost of transition to new EU audit rules
Audit

Auditors face FTSE 350 concerns over cost of transition to new EU audit rul...

8y Calum Fuller , Reporter

Auditors face FTSE 350 concerns over cost of trans...

Auditors are facing deepening concerns from FTSE 350 businesses over the cost of transition to the new EU audit regulatory regime Read More...

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Solvency and liquidity queries tackled in FRC going concern guidance
Accounting Standards

Solvency and liquidity queries tackled in FRC going concern guidance

8y Calum Fuller , Reporter

Solvency and liquidity queries tackled in FRC goin...

FRC guidance makes clear requirements relating to going concern and solvency and liquidity risk Read More...

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New HMRC exec chair outlines priorities to PAC
Administration

New HMRC exec chair outlines priorities to PAC

8y Fraser Simpson , Reporter

New HMRC exec chair outlines priorities to PAC

Taxman’s executive chair looks to ‘bear down’ on tax avoidance and evasion in published letter to Meg Hillier Read More...

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Firms criticised by MPs over failure to report 'scale of risk' carried by Kids Company
Audit

Firms criticised by MPs over failure to report 'scale of risk' carried by K...

8y Calum Fuller , Reporter

Firms criticised by MPs over failure to report 'sc...

PwC, PKF Littlejohn and Kingston Smith failed to report the scale of risk carried by chairty Kids Company prior to its collapse into adminsitration Re...

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Colin: Chartered snoopers or snooper's charter?
Corporate Governance

Colin: Chartered snoopers or snooper's charter?

8y Taking Stock

Colin: Chartered snoopers or snooper's charter?

Colin was rather intrigued when he heard about the European Court's ruling on bosses' rights to read employees' personal messages Read More...

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BDO gives mixed assessment on audit committee reports
Audit

BDO gives mixed assessment on audit committee reports

8y Chris Warmoll , Writer

BDO gives mixed assessment on audit committee repo...

Average number of meetings held by audit committees continues to creep up, as does the proportion of female committee members Read More...

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Bolton in "critical financial position" as taxman petitions for winding up
Corporate Finance

Bolton in "critical financial position" as taxman petitions for winding up

8y Kevin Reed , Writer

Bolton in "critical financial position" as taxman ...

Restructuring expert and Bolton Wanderers owner Trevor Birch pushes for sale and fundraising as HMRC petitions for winding up order Read More...

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Audit firm governance code to champion quality and transparency
Accounting Firms

Audit firm governance code to champion quality and transparency

8y Chris Warmoll , Writer

Audit firm governance code to champion quality and...

Feedback reveals that the role of independent non-executives was important but could be further strengthened Read More...

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PwC appointed as auditor to probe Vatican finances
Accounting Firms

PwC appointed as auditor to probe Vatican finances

8y Chris Warmoll , Writer

PwC appointed as auditor to probe Vatican finances

Pope's bid to clean up the Vatican's finances sees the appointment of PwC as external auditor Read More...

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Deloitte ditched as Balfour Beatty and SEGRO pick new auditors
Accounting Firms

Deloitte ditched as Balfour Beatty and SEGRO pick new auditors

8y Kevin Reed , Writer

Deloitte ditched as Balfour Beatty and SEGRO pick ...

PwC and KPMG pick up SEGRO and Balfour Beatty audits respectively, from incumbent Deloitte Read More...

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ICAS chief urges accountants take 'personal responsibility' on ethics
Corporate Governance

ICAS chief urges accountants take 'personal responsibility' on ethics

8y Kevin Reed , Writer

ICAS chief urges accountants take 'personal respon...

Anton Colella calls on ICAS members to mentor less experienced accountants, as the institute launches a major drive on ethics Read More...

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Corruption rife among accountants, says survey of profession
Accounting Firms

Corruption rife among accountants, says survey of profession

8y Chris Warmoll , Writer

Corruption rife among accountants, says survey of ...

Nearly two thirds of accountants don't believe employees are protected from victimisation if they report the wrongdoing of a client Read More...

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Politicians lambast accounting firms over Kids Company collapse
Audit

Politicians lambast accounting firms over Kids Company collapse

8y Chris Warmoll , Writer

Politicians lambast accounting firms over Kids Com...

Bernard Jenkin MP, brands the failure "a collective passing of the buck which I am rather uncomfortable with." Read More...

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EU's plan gives opportunity to restore audit confidence
Accounting Standards

EU's plan gives opportunity to restore audit confidence

9y Chris Warmoll , Writer

EU's plan gives opportunity to restore audit confi...

Haddrill says the new legislation gives the profession the opportunity to "make sure the public can have confidence in the regulatory regime Read More...

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Tesco reports 55% profit slump amid hint of SFO deal
Audit

Tesco reports 55% profit slump amid hint of SFO deal

9y Chris Warmoll , Writer

Tesco reports 55% profit slump amid hint of SFO de...

Tesco is hopeful of securing a deferred prosecution agreement (DPA) with the SFO Read More...

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Accountants to play key role in new BEPS rules: OECD chiefs
Corporate Governance

Accountants to play key role in new BEPS rules: OECD chiefs

9y Keith Nuthall

Accountants to play key role in new BEPS rules: OE...

Advisers and finance chiefs will be instrumental in managing compliance with tax and transfer pricing reporting rules, OECD chiefs tell Accountancy Ag...

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BEPS: Implementing the OECD's recommendations
Corporate Governance

BEPS: Implementing the OECD's recommendations

9y Accountancy Age

BEPS: Implementing the OECD's recommendations

The OECD's BEPs project will put a big focus on multinational's tax affairs - Thomas McFarlane takes us through the impact of some of its recommendati...

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FRC consults in readiness for EU audit rules
Accounting Standards

FRC consults in readiness for EU audit rules

9y Chris Warmoll , Writer

FRC consults in readiness for EU audit rules

The move marks FRC's latest foray into ramping up confidence in corporate governance and reporting by UK companies Read More...

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Friday Afternoon Live: KPMG/Metro Bank + Big Four tech v audit
Accounting Firms

Friday Afternoon Live: KPMG/Metro Bank + Big Four tech v audit

9y Kevin Reed , Writer

Friday Afternoon Live: KPMG/Metro Bank + Big Four ...

Editor Kevin Reed talks about the Big Four's move towards tech services - how does this fit with creating a satisfactory model for audit? Read More...

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Leader: Big Four build analytics skills, but audit concerns linger
Accounting Firms

Leader: Big Four build analytics skills, but audit concerns linger

9y Kevin Reed , Writer

Leader: Big Four build analytics skills, but audit...

The Big Four are moving fast to build up data and analytics offerings, but when will they deal with concerns about how robust and transparent their au...

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Tough risk assurance systems still lacking, says IIA report
Accounting Standards

Tough risk assurance systems still lacking, says IIA report

9y Chris Warmoll , Writer

Tough risk assurance systems still lacking, says I...

Boards will not get an adequate overview of the effectiveness of risk management processes as a result, the institute stresses Read More...

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