Accountants are providing a second class service, SMEs claim
Accounting Firms

Accountants are providing a second class service, SMEs claim

17y AccountancyAge.com

Accountants are providing a second class service, ...

SMEs want their accountant to provide more support and expert analysis, survey finds. Read More...

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UK audit chief wins top role with KPMG Europe
Accounting Firms

UK audit chief wins top role with KPMG Europe

17y Gavin Hinks

UK audit chief wins top role with KPMG Europe

Richard Bennison becomes chief operating officer of KPMG Europe Read More...

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FRC goes from talking to watch and listen
Audit

FRC goes from talking to watch and listen

17y Gavin Hinks

FRC goes from talking to watch and listen

Quarterly report shows watchdog will issue fewer consultation documents to focus more on monitoring the markets Read More...

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Grant Thornton profit dips as downturn bites
Audit

Grant Thornton profit dips as downturn bites

17y Nick Huber

Grant Thornton profit dips as downturn bites

Top five firm warns of tough year ahead Read More...

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Madoff auditor to get grilled by investigators
Accounting Firms

Madoff auditor to get grilled by investigators

17y David Jetuah

Madoff auditor to get grilled by investigators

David Friehling, the auditor at the accounting firm that signed off Bernard Madoff's books, has been subpoenaed Read More...

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Confusion revealed over disciplinary procedures
Accounting Standards

Confusion revealed over disciplinary procedures

17y Gavin Hinks

Confusion revealed over disciplinary procedures

Professional Oversight Board reports to government on the year for accountants and the institutes Read More...

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Disciplinary body wins its first case
Audit

Disciplinary body wins its first case

17y Christian Doherty

Disciplinary body wins its first case

Accountancy's watchdog bounces back after its debut Mayflower defeat last year to successfully bring complaints against McClure Watters Read More...

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KPMG sees double-digit global growth
Audit

KPMG sees double-digit global growth

17y Kevin Reed , Writer

KPMG sees double-digit global growth

Global firm grows revenues Read More

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APB ramps up calls for 'going concern' perspective
Audit

APB ramps up calls for 'going concern' perspective

17y David Jetuah

APB ramps up calls for 'going concern' perspective

Auditing Practices Board backs calls for companies and auditors to consider the impacts of going concern disclosures and opinions in annual reports R...

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Regulator says economic crisis threatens corporate reporting
Audit

Regulator says economic crisis threatens corporate reporting

17y Gavin Hinks

Regulator says economic crisis threatens corporate...

Financial Reporting Council fearful for independence of IASB and omissions in corporate reports and the quality of audit in the credit crunch Read Mo...

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Likierman to chair National Audit Office
Audit

Likierman to chair National Audit Office

17y Gavin Hinks

Likierman to chair National Audit Office

New NAO chairman will face appointment of a new comptroller as first task Read More...

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Recession set to fuel legal action against accountants, insurance broker warns
Audit

Recession set to fuel legal action against accountants, insurance broker wa...

17y Accountancy Age

Recession set to fuel legal action against account...

Legal claims from clients over fraud and fees could increase Professional Indemnity premiums. Read More...

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BDO case put on ice as lawyers clash
Accounting Firms

BDO case put on ice as lawyers clash

17y David Jetuah

BDO case put on ice as lawyers clash

BDO International will have to wait until the New Year to find out if it must stump up cash to help BDO Seidman pay $521m in damages if the US firm's ...

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Audit inspection unit defends its ‘consistent approach’
Audit

Audit inspection unit defends its ‘consistent approach’

17y Nick Huber

Audit inspection unit defends its ‘consistent appr...

Audit Inspection Unit director dismisses E&Y's suggestions that audit reports of leading firms should be clearer Read More...

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Auditors to tell Treasury MPs they can’t predict the future
Audit

Auditors to tell Treasury MPs they can’t predict the future

17y Nick Huber

Auditors to tell Treasury MPs they can’t predict t...

Auditors can't predict risks faced by a business and are not to be blamed for the collapse of banks says profession Read More...

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New year, new audit?
Audit

New year, new audit?

17y Accountancy Age

New year, new audit?

2008 might have been the year in which the credit crunch took hold, but next year could be the year of the audit crunch Read More...

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Auditors fair value checks 'inadequate'
Audit

Auditors fair value checks 'inadequate'

17y Gavin Hinks

Auditors fair value checks 'inadequate'

US audit inspection points the finger at fair value Read More...

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BDO International case kicks off next week
Accounting Firms

BDO International case kicks off next week

17y David Jetuah

BDO International case kicks off next week

Umbrella body for the BDO global network to find out whether it will be dragged back into BDO Seidman's $521m negligence case Read More...

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Auditors defend themselves after audit flaws made public
Audit

Auditors defend themselves after audit flaws made public

17y Gavin Hinks

Auditors defend themselves after audit flaws made ...

Top seven auditors call for balance and consistency in reviews after Audit Inspection Unit reports go public for the first time Read More...

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Audit deficiencies continue in the US
Accounting Firms

Audit deficiencies continue in the US

17y Gavin Hinks

Audit deficiencies continue in the US

Problems persist in critical and high risk areas of audit for eight top audit firms Read More...

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Institutes urge execs to deal with 'going concern' now
Audit

Institutes urge execs to deal with 'going concern' now

17y Kevin Reed , Writer

Institutes urge execs to deal with 'going concern'...

Business must face up to going concern potential in the financial statements, warn institutes Read More...

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NAO reform legislation shelved
Audit

NAO reform legislation shelved

17y AccountancyAge.com

NAO reform legislation shelved

Supporting legislation left out of Queen's Speech but public spending watchdog insists governance reforms are on track Read More...

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Deloitte could charge £22,000 per hour for Woolworths administration
Audit

Deloitte could charge £22,000 per hour for Woolworths administration

17y AccountancyAge.com

Deloitte could charge £22,000 per hour for Woolwor...

Deloitte could be charging as much as £22,000 an hour plus expenses for taking control of Woolworths after it went into administration on Wednesday, ...

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Audit committees warned to ask 'key questions' in the crisis
Audit

Audit committees warned to ask 'key questions' in the crisis

17y Gavin Hinks

Audit committees warned to ask 'key questions' in ...

'More rigour' necessary in considering analysis for going concern statements Read More...

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Growing concern over rise in 'going concern' notices
Audit

Growing concern over rise in 'going concern' notices

17y Accountancy Age

Growing concern over rise in 'going concern' notic...

BDO Stoy Hayward's recent 'going concern' warning over Sofa Workshop will be just one of many to come Read More...

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FRC warns companies against 'going concern' complacency
Audit

FRC warns companies against 'going concern' complacency

17y David Jetuah

FRC warns companies against 'going concern' compla...

The Financial Reporting Council says tough economic conditions will force companies to look at whether the going concern basis of accounting is right...

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MPs to question auditors over banking crisis
Audit

MPs to question auditors over banking crisis

17y AccountancyAge.com

MPs to question auditors over banking crisis

The Commons Treasury Committee is to question auditors about their role in the banking crisis and whether reform of the auditing industry is needed. ...

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