BDO says it dealt with XL issues
Audit

BDO says it dealt with XL issues

17y Nick Huber

BDO says it dealt with XL issues

BDO Stoy Hayward has 'dealt promptly' with accounting irregularities at collapsed travel company XL Leisure Group since departure of KPMG Read More...

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PwC appoints new Midlands chairman
Audit

PwC appoints new Midlands chairman

17y AccountancyAge.com

PwC appoints new Midlands chairman

PricewaterhouseCoopers has appointed Mark Smith as its new Midlands chairman. Read More...

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UK and US part ways over Enron response
Audit

UK and US part ways over Enron response

17y Penny Sukhraj

UK and US part ways over Enron response

UK to limit liability as for audit firms a result of Enron, but US declines to do so Read More...

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Weblinks add meaning to audit reports
Audit

Weblinks add meaning to audit reports

17y Penny Sukhraj

Weblinks add meaning to audit reports

The Auditing Practices Board considers simplifying audit statements by putting lengthy descriptions on the APB website Read More...

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Enron shareholders close to multi-billion dollar payout
Audit

Enron shareholders close to multi-billion dollar payout

17y Kevin Reed , Writer

Enron shareholders close to multi-billion dollar p...

Enron shareholders could take their portion of $7.2bn payout by end of the year Read More...

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Tommy Lee Jones hires auditors to sift through film finances
Audit

Tommy Lee Jones hires auditors to sift through film finances

17y Kevin Reed , Writer

Tommy Lee Jones hires auditors to sift through fil...

Film star wants beancounters to find his missing millions Read More...

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US auditors call for urgent action on liability reform
Audit

US auditors call for urgent action on liability reform

18y Penny Sukhraj

US auditors call for urgent action on liability re...

Sufficient steps are not being taken to avert the risk of catastrophic litigation destroying the profession, says director for the Centre for Audit ...

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Deloitte first off the mark with audit report
Audit

Deloitte first off the mark with audit report

18y Penny Sukhraj

Deloitte first off the mark with audit report

Deloitte is the first firm to publish its audit 'transparency' report in line with new rules Read More...

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Auditors: finding the middle ground
Audit

Auditors: finding the middle ground

18y Accountancy Age

Auditors: finding the middle ground

Auditor’s are clearly worried about the downturn Read More...

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Future of audit: down the pan?
Audit

Future of audit: down the pan?

18y Penny Sukhraj

Future of audit: down the pan?

The profession faces dwindling numbers of audit firms and few students coming through to handle the work in the future. But although the market has c...

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'Picky' audit regulators isolating smaller firms
Audit

'Picky' audit regulators isolating smaller firms

18y Penny Sukhraj

'Picky' audit regulators isolating smaller firms

Audit regulators are ‘getting very picky’ in their reviews of small practices, senior figures say Read More...

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Auditors protest requirments for IFRS specialists
Accounting Standards

Auditors protest requirments for IFRS specialists

18y Penny Sukhraj

Auditors protest requirments for IFRS specialists

'We really fail to see why it must be auditors who must be IFRS specialists and not listed companies themselves,' Ernst & Young (South Africa) au...

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Scottish Lib Dem finances cause auditor concern
Audit

Scottish Lib Dem finances cause auditor concern

18y Kevin Reed , Writer

Scottish Lib Dem finances cause auditor concern

Auditors concerned over Scot Lib Dems ability to continue as going concern Read More...

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PCAOB finds valuation weaknesses in KPMG audits
Audit

PCAOB finds valuation weaknesses in KPMG audits

18y Penny Sukhraj

PCAOB finds valuation weaknesses in KPMG audits

KPMG failed to evaluate its clients' processes for developing estimates for loan losses, and did not perform sufficient tests of clients' valuation o...

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Greencore switches auditors after fraud
Audit

Greencore switches auditors after fraud

18y AccountancyAge.com

Greencore switches auditors after fraud

Irish food group switches auditor after uncovering €21m (£16.5m) fraud Read More...

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More transparency needed in energy company accounts
Audit

More transparency needed in energy company accounts

18y Penny Sukhraj

More transparency needed in energy company account...

'The lack of transparency as to the accounts of our major energy supply companies is potentially problematic both in terms of the reputation of the in...

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Crunch pushes auditors into earlier client talks
Audit

Crunch pushes auditors into earlier client talks

18y Kevin Reed , Writer

Crunch pushes auditors into earlier client talks

Auditors go in early to work with clients on their books over credit crunch concerns Read More...

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Auditors satisfied with Horlick's firm
Audit

Auditors satisfied with Horlick's firm

18y Kevin Reed , Writer

Auditors satisfied with Horlick's firm

Horlick's asset management firm avoids going concern warning from auditors in its latest accounts Read More...

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E&Y settles SEC independence claims
Accounting Firms

E&Y settles SEC independence claims

18y Judith Tydd

E&Y settles SEC independence claims

US firm pays $2.9m (£1.5m) to settle claims Read More...

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Deloitte dimisses China growth plans
Audit

Deloitte dimisses China growth plans

18y Alex Hawkes

Deloitte dimisses China growth plans

The Chinese government may hope to create its own ‘Big Four’ audit firms, but that doesn’t mean they will succeed, says the global head of Deloitte R...

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US economy shakes confidence in financial reports
Audit

US economy shakes confidence in financial reports

18y Paul Grant

US economy shakes confidence in financial reports

Survey shows US investors less confident about audited financial statements than last year and want easier to read reports Read More...

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French regulator gets day in court
Audit

French regulator gets day in court

18y Penny Sukhraj

French regulator gets day in court

French audit regulator is set to meet for a final showdown at the ECJ over its refusal to bring its rules into line with EU law Read More...

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KPMG report reveals foundation trust money unaccounted for
Audit

KPMG report reveals foundation trust money unaccounted for

18y Rachael Singh

KPMG report reveals foundation trust money unaccou...

KPMG examined the income the foundation trusts had received from the private patient care division Read More...

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BAE set to appoint ethical auditor
Audit

BAE set to appoint ethical auditor

18y Penny Sukhraj

BAE set to appoint ethical auditor

BAE is in talks with external auditors but KPMG, which audits BAE accounts, would likely be ruled out on conflict of interest grounds Read More...

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Grant Thornton tops US audit research
Audit

Grant Thornton tops US audit research

18y Kevin Reed , Writer

Grant Thornton tops US audit research

US quarterly audit poll places GT top for the first time Read More...

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Europe blocks one-way traffic regulation by US
Audit

Europe blocks one-way traffic regulation by US

18y Penny Sukhraj

Europe blocks one-way traffic regulation by US

EU contributors put a fierce defence against US regulators Read More...

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Livingstone refuses to appear before audit panel
Audit

Livingstone refuses to appear before audit panel

18y AccountancyAge.com

Livingstone refuses to appear before audit panel

Livingstone, former London mayor, has refused to appear before the audit panel probing misspending allegations Read More...

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