Hill says the main issue regarding professional scepticism is human behaviour, particularly when working towards tight deadlines and budgets Read More...
View articleThe FRC has said the admitted failings were "rudimentary and should not have occurred" Read More...
View articleThis is the second investigation the FRC has commenced into audits by EY this week Read More...
View articleAfter years of deliberations and millions of dollars spent, EY has officially pulled the plug on its greatly anticipated break-up plan Read More...
View articlePhil Crooks, managing director at Berkeley Research Group, outlines the key changes to the audit landscape in 2023. Read More...
View articleKPMG's settlement of the £1.3bn legal claim highlights longstanding weaknesses in the audit sector, experts say Read More...
View articleChallenges with the valuation of infrastructure assets have proven to be a key barrier for audit firms Read More...
View articleSir Jon Thompson will begin leading the HS2 project with immediate effect Read More...
View articleThe NAO has warned that these figures pose a threat to accountability in local government Read More...
View articleThe Big Four firm was found guilty of breaches in relation to cash and the audit of supplier rebates Read More...
View articleAudit is integral to tackling greenwashing in global markets, according to industry experts Read More...
View articleThe wider UK economy continues to struggle in the wake of the pandemic, but increased client demand for accounting and advisory services saw firms rep...
View articleThe audit regulator announced new supervisory measures to help smaller audit firms grab market share Read More...
View articleAccountancy Age spoke with Mazars’ newly appointed audit partner, Andrew Jones, who outlined his reasoning behind taking the role and what he believes...
View articleThe Financial Reporting Council (FRC) has unveiled plans to stimulate competition and resilience in the UK audit market, with a view to remedying the ...
View articleIndustry leaders say audit changes are already creating opportunities for mid-tier firms Read More...
View articleThe urgency for reform is greater than ever due to the weakening economy, the Chartered IIA argued Read More...
View articleA new ‘coexistence’ of financial audit and ESG advisory teams could emerge due to the nature of sustainability assurance services Read More...
View articleAuditors have been feeling the heat recently after a series of high-profile failures, but what lies ahead and are they solely to blame? Read More...
View articleThe FRC regulator’s audit quality scores show a slight improvement despite “unacceptable” reviews from Mazars and BDO Read More...
View articleThe FRC intervention to prevent cheating in the UK follows huge fines issued to firms in the US, Australia, and Canada Read More...
View articleThe judgement concludes more than five years of probes into the audit firm’s accounts Read More...
View articleUHY Hacker Young and audit engagement partner Martin Jones face fines of more than £300,00 following Laura Ashley audit breaches. Read More...
View articleIndustry observers believe splitting audit and consulting operations could reduce risk of reputational damage Read More...
View articleThe government has promised a new dawn for audit reform. Stephen Baker, senior partner at Baker & Partners, asks whether it will it be another false d...
View articleRichard Highley and Julian Bubb-Humfryes of DAC Beachcroft LLP ask whether the criticism levelled at the UK government over its "watered down” plans t...
View articleDuring a conversation with Accountancy Age, Mazars partner Bob Neate breaks down the draft audit reform bill, warning of a potential capacity issue fo...
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