“Serious questions” over government’s commitment to audit reform
Audit

“Serious questions” over government’s commitment to audit reform

4y Tom Lemmon

“Serious questions” over government’s commitment t...

Chief Executive of the CIIA, Dr Ian Peters MBE, has urged the government to pass the necessary legislation on audit reform, but hope of action is fadi...

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Deloitte report shows companies putting 'success factors' ahead of profit
Audit

Deloitte report shows companies putting 'success factors' ahead of profit

4y Leanna Reeves

Deloitte report shows companies putting 'success f...

Based on reports from 100 UK companies, Deloitte's new report assesses the 'success factors' of businesses- revealing how financial drivers are no lon...

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Podcast: Inside Accountancy Episode 5 – Can technology solve the audit crisis?
Audit

Podcast: Inside Accountancy Episode 5 – Can technology solve the audit cris...

4y Idris Nagri

Podcast: Inside Accountancy Episode 5 – Can techno...

In the latest podcast we talk to Katie Canell and Simon Cleveland from Deloitte about whether technology can solve the audit crisis and what role huma...

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The social Impact of losing trust in audit
Audit

The social Impact of losing trust in audit

4y Chris Jewers

The social Impact of losing trust in audit

The implications of the public losing trust in audit extends further than the audit industry, to society as a whole. Read More...

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Can mid-tier firms restore trust in audit?
Audit

Can mid-tier firms restore trust in audit?

4y Chris Jewers

Can mid-tier firms restore trust in audit?

A study has found the public is lacking trust in audit, but as mid-tier firms look to expand their audit businesses to work with more FTSE350 companie...

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Sports Direct appoints RSM as new auditor
Audit

Sports Direct appoints RSM as new auditor

4y Leanna Reeves

Sports Direct appoints RSM as new auditor

Following Grant Thornton’s resignation in August, Sports Direct has assigned RSM as its new auditor, a decision which comes after the big four refused...

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Can blockchain restore trust to the fund management and audit industries?
Audit

Can blockchain restore trust to the fund management and audit industries?

5y Tom Lemmon

Can blockchain restore trust to the fund managemen...

Nish Kotecha, Chairman of Finboot, and Bryan Foss, Visiting Professor at Bristol Business School argue that blockchain could provide a solution to the...

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Accountancy profession in MP's crosshairs during Thomas Cook inquiry
Accounting Firms

Accountancy profession in MP's crosshairs during Thomas Cook inquiry

5y Chris Jewers

Accountancy profession in MP's crosshairs during T...

The Accountancy industry has come under fire from MPs during the parliamentary inquiry into the collapse of Thomas Cook, with representatives from PwC...

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Toppled from the top – The risk of fraud
Audit

Toppled from the top – The risk of fraud

5y Roger Isaacs

Toppled from the top – The risk of fraud

Roger Isaacs - Forensic Partner at Milsted Langdon - talks about the Patisserie Valerie collapse and what its impact has been and the role of forensic...

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The shifting role of tax auditors in the digital age
Audit

The shifting role of tax auditors in the digital age

5y Christiaan Van Der Valk

The shifting role of tax auditors in the digital a...

VP of Strategy at Sovos, Christiaan van der Valk, argues that the digital age is changing the role of tax auditors, not rendering them obsolete. Read ...

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Deloitte auditor accused of recklesness at FRC tribunal
Audit

Deloitte auditor accused of recklesness at FRC tribunal

5y Shannon Moyer

Deloitte auditor accused of recklesness at FRC tri...

On the first day of the long-running Financial Reporting Council's disciplinary tribunal, Deloitte's auditors have been called "reckless" and subjecti...

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The AI tool transforming Moore Kingston Smith’s audit offering (Part 2)
Audit

The AI tool transforming Moore Kingston Smith’s audit offering (Part 2)

5y Beth McLoughlin

The AI tool transforming Moore Kingston Smith’s au...

Continuing the discussion on the use of technology in the audit industry, Becky Shields compares Moore Kingston Smith's advancements to other firms. R...

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The AI tool transforming Moore Kingston Smith’s audit offering (Part 1)
Audit

The AI tool transforming Moore Kingston Smith’s audit offering (Part 1)

5y Beth McLoughlin

The AI tool transforming Moore Kingston Smith’s au...

Becky Shields, partner at Moore Kingston Smith, talks about the benefits of using technology and the future of the audit industry. Read More...

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New research shows multidisciplinary firm structure to improve audit quality
Accounting Firms

New research shows multidisciplinary firm structure to improve audit qualit...

5y Leanna Reeves

New research shows multidisciplinary firm structur...

The study comes amid growing international debate on the market value of auditors providing non-audit services. Read More...

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Deloitte's FTSE350 proposed cap would present mid-tier firms with audit opportunity
Audit

Deloitte's FTSE350 proposed cap would present mid-tier firms with audit opp...

5y Chris Jewers

Deloitte's FTSE350 proposed cap would present mid-...

This latest suggestion from Deloitte, if implemented by the government, would see the Big Four each restricted to 20 per cent of FTSE 350 market. This...

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Is the number up for audit?
Audit

Is the number up for audit?

5y Phil Shohet

Is the number up for audit?

Phil Shohet of Foulger Underwood shares his thoughts on the great audit debate. Read More...

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ACCA and Mazars at odds over joint audit
Audit

ACCA and Mazars at odds over joint audit

5y Tom Lemmon

ACCA and Mazars at odds over joint audit

Mazars and ACCA called for meaningful reforms, but remain at odds over joint audit. Read More...

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True Transparency: reforming the Audit Industry
Audit

True Transparency: reforming the Audit Industry

5y Patricia Cullen

True Transparency: reforming the Audit Industry

The Government announced on March 11th that it would be creating a new, enhanced regulator to transform the audit and accounting sector in response to...

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ICAEW Chief warns of further audit walk-outs to protect reputation
Audit

ICAEW Chief warns of further audit walk-outs to protect reputation

5y Chris Jewers

ICAEW Chief warns of further audit walk-outs to pr...

Michael Izza, ICAEW’s Chief Executive, said that the industry is facing ‘a watershed moment’ as auditors come under heavy scrutiny and criticism over ...

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Audit news round-up - Deloitte top of the world, PCAOB finds audits lacking
Audit

Audit news round-up - Deloitte top of the world, PCAOB finds audits lacking

5y Chris Jewers

Audit news round-up - Deloitte top of the world, P...

A round-up of the key audit news in the last week, commencing from the 26th August 2019. Read More...

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Watchdog finds only half of charity audits met benchmark
Audit

Watchdog finds only half of charity audits met benchmark

5y Chris Jewers

Watchdog finds only half of charity audits met ben...

The Charity Commission for England and Wales has accused some auditors of ‘letting the profession and charities down’, after the sample of 296 chariti...

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Comment: Only meaningful reform will be enough to solve the audit crisis
Audit

Comment: Only meaningful reform will be enough to solve the audit crisis

5y Tom Lemmon

Comment: Only meaningful reform will be enough to ...

Isn't it time for auditors to be clear about their roles and responsibilities if reforms are to be meaningful? Read More...

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Eddie Stobart suspends trading after £2m accounting error
Audit

Eddie Stobart suspends trading after £2m accounting error

5y Shannon Moyer

Eddie Stobart suspends trading after £2m accountin...

The UK logistics company discovered inflated operating profits, following an investigation led by chief financial officer Anoop King. Read More...

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Audit news round-up - Sports Direct saga continues, GE 'accounting fraud'
Audit

Audit news round-up - Sports Direct saga continues, GE 'accounting fraud'

5y Chris Jewers

Audit news round-up - Sports Direct saga continues...

Mike Ashely’s high street giant is now turning to mid-tier firms, and has reportedly approached BDO and Mazars about a possible tender process. Read M...

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Audit news round-up
Audit

Audit news round-up

5y Chris Jewers

Audit news round-up

It has been a busy week for the large accountancy firms, which has seen Grant Thornton quitting Sports Direct leaving the retail giant in audit-limbo,...

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"I've never seen a moment like this" - Mazars on joint audit. Part 3
Audit

"I've never seen a moment like this" - Mazars on joint audit. Part 3

5y Tom Lemmon

"I've never seen a moment like this" - Mazars on j...

In the final part of the series, Mazars' UK Head of Audit, Bob Neate, talks about the future of audit and how reform to the sector will come about. Re...

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Mazars make the case for joint audit - Part 2
Audit

Mazars make the case for joint audit - Part 2

5y Tom Lemmon

Mazars make the case for joint audit - Part 2

Continuing our discussion with Bob Neate, Mazars' UK Head of Audit talk, we hear why joint audit is better than shared audit, whether its a realistic ...

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