Auditors left in the dark as OFR is welcomed
Audit

Auditors left in the dark as OFR is welcomed

22y Larry Schlesinger

Auditors left in the dark as OFR is welcomed

The implementation of a mandatory operating and financial review for large UK companies may benefit shareholders and stakeholders, but has done little...

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Ahold discovers new £50m hole in its accounts
Audit

Ahold discovers new £50m hole in its accounts

22y Paul Grant

Ahold discovers new £50m hole in its accounts

Under-fire Dutch supermarket chain Ahold has revealed yet another large hole in its accounts, this time worth €73m (£50m) as the company looks to put ...

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NAO to order special reviews of BBC accounts
Audit

NAO to order special reviews of BBC accounts

22y our parliamentary staff

NAO to order special reviews of BBC accounts

The long-running dispute over National Audit Office access to the BBC's accounts seems to be at end after a compromise deal was spelled out in the Hou...

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Tory rage after EC internal auditor quits
Audit

Tory rage after EC internal auditor quits

22y AccountancyAge.com

Tory rage after EC internal auditor quits

The Conservative party has urged the government to do more to tackle corruption in Europe after the European Commission's chief internal auditor annou...

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IASB and banks on the brink of deal
Audit

IASB and banks on the brink of deal

22y Liesbeth Evers

IASB and banks on the brink of deal

European banks and the international accounting regulator have set aside their major differences on financial reporting rules on derivatives. Read Mor...

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Iraq oil exports resume without auditor
Audit

Iraq oil exports resume without auditor

22y Liesbeth Evers

Iraq oil exports resume without auditor

Iraqi oil exports resumed on Sunday amid uncertainty about whether there was an independent auditor in place to ensure revenues are used to get the wa...

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NAO to probe Network Rail accounts
Audit

NAO to probe Network Rail accounts

22y AccountancyAge.com

NAO to probe Network Rail accounts

Public spending watchdog, the National Audit Office, will investigate the accounts of Network Rail, the railway infrastructure company that replaced R...

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IBM customers face audit threat
Audit

IBM customers face audit threat

22y Peter Williams

IBM customers face audit threat

SCO, the SME software provider, has warned that it may exercise its rights to audit IBM customers that use its unix operating system, as part of a $3b...

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IFRS paves way for 2005
Audit

IFRS paves way for 2005

22y Paul Grant

IFRS paves way for 2005

The release of the first full international financial reporting standard has been welcomed by accountants, but there are warnings that company account...

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Ex-Deloittes partner to face tribunal
Audit

Ex-Deloittes partner to face tribunal

22y Larry Schlesinger

Ex-Deloittes partner to face tribunal

A former audit partner at Deloitte & Touche will face complaints from the profession's disciplinary body in relation to him acquiring a luxury veh...

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Forensic accounting grows in popularity
Audit

Forensic accounting grows in popularity

22y AccountancyAge.com

Forensic accounting grows in popularity

The spate of accounting scandals over the last 18 months has helped spark interest in one of the more interesting sides of the profession - forensic a...

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Keeping your career on track
Audit

Keeping your career on track

22y AccountancyAge.com

Keeping your career on track

Contemplating a move out of accounting and finance? Think again. Last year managers and directors in this sector saw the biggest pay rises across the ...

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ACCA on brink of finding chief exec
Audit

ACCA on brink of finding chief exec

22y Larry Schlesinger

ACCA on brink of finding chief exec

ACCA is on the brink of ending its two-year search for a chief executive officer, a move that would allow current CEO Anthea Rose to start her postpon...

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First new international standard published
Audit

First new international standard published

22y Paul Grant

First new international standard published

The first full standard that companies listed in the EU will be required to adopt by 2005 has been published today by the International Accounting Sta...

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Barings case could usher in proportional liability
Audit

Barings case could usher in proportional liability

22y Accountancy Age

Barings case could usher in proportional liability

The wider public may be sceptical, but as we reveal this week, even the accountancy business isn't united in the view that audit firms should be allow...

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Spies' accounts in danger of qualification - again
Audit

Spies' accounts in danger of qualification - again

22y our parliamentary correspondent

Spies' accounts in danger of qualification - again

The accounts of Britain's spies are in serious danger of being qualified for the fourth consecutive year - according to a heavily censored report from...

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Wyman: DTI changes will not affect regulation
Audit

Wyman: DTI changes will not affect regulation

22y Larry Schlesinger

Wyman: DTI changes will not affect regulation

Peter Wyman, former president of the ICAEW, says the appointment of a new minister to oversee corporate governance regulation is unlikely to result in...

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UK companies to use 'fair value' method
Audit

UK companies to use 'fair value' method

22y Larry Schlesinger

UK companies to use 'fair value' method

The EU fair value directive, which allows companies to account for their debt securities and equities at market rates, may be permitted in the UK. Rea...

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EC accounting systems panned
Audit

EC accounting systems panned

22y Paul Grant

EC accounting systems panned

The European Commission has come under renewed criticism over its accounting systems and treatment of assets in the annual report by the European Cour...

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ICAEW fills post ahead of ACCA
Audit

ICAEW fills post ahead of ACCA

22y Liesbeth Evers

ICAEW fills post ahead of ACCA

Red-faced ACCA is to continue with its two-year search for a chief executive, after the ICAEW this week announced it had filled its top post in just f...

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The Debate: Should the NAO audit the BBC?
Audit

The Debate: Should the NAO audit the BBC?

22y Accountancy Age

The Debate: Should the NAO audit the BBC?

The argument for the BBC to be externally audited is convincing, says Edward Leigh. But when a decision is made, writes Damian Wild, careful negotiati...

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'Technology cannot replace auditors'
Audit

'Technology cannot replace auditors'

22y Paul Grant

'Technology cannot replace auditors'

Future technologies will help to greatly increase the effectiveness of the audit process, but they will never be able to replace auditors, Big Four fi...

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Adviser: Converging audit regulation in Europe.
Audit

Adviser: Converging audit regulation in Europe.

22y Accountancy Age

Adviser: Converging audit regulation in Europe.

The European Commission announced two significant policy initiatives affecting the accountancy profession at the end of May. The first concerns the co...

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Profile: ICAS president Murdoch McKillop
Audit

Profile: ICAS president Murdoch McKillop

22y Paul Grant

Profile: ICAS president Murdoch McKillop

Former Andersen partner Murdoch McKillop could not have taken on the role of president at the Institute of Chartered Accountants of Scotland at a much...

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Internal audit gets ethical with new guide.
Audit

Internal audit gets ethical with new guide.

22y Paul Grant

Internal audit gets ethical with new guide.

A new guide on how audit committees should be dealing with the issue of corporate social responsibility has been published by the Institute of Interna...

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EU urges US to reconsider rules
Audit

EU urges US to reconsider rules

22y Accountancy Age

EU urges US to reconsider rules

European Union finance ministers have flatly warned the Bush administration that the extension of new US audit regulations to EU firms with US-listed ...

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Liverpool Trust wins reporting award
Audit

Liverpool Trust wins reporting award

22y Larry Schlesinger

Liverpool Trust wins reporting award

This year's CIPFA/PwC Public Reporting and Accountability Awards have honoured the Liverpool Housing Action Trust for its ability to communicate with ...

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