Audit reforms will be published ‘shortly’ says government

Audit Audit reforms will be published ‘shortly’ says government

3y Tom Lemmon

Audit reforms will be published ‘shortly’ says gov...

Industry fears delay after reports that Downing St was blocking publication Read More...

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Budget 2021: Pandemic could trigger a review of UK tax policy

Big Four Budget 2021: Pandemic could trigger a review of UK tax policy

3y Amanda Tickel

Budget 2021: Pandemic could trigger a review of UK...

Timing is everything when it comes to tax rises says Amanda Tickel, Deloitte’s new head of tax policy Read More...

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KPMG UK assembles most diverse board in its 150-year history

Big Four KPMG UK assembles most diverse board in its 150-year history

3y Aoife Morgan

KPMG UK assembles most diverse board in its 150-ye...

The Big Four firm has assembled the most diverse board of directors in its 150-year history following the departure of its former chairman and senior ...

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Audit reforms must not descend into ‘checklist’ exercise

Audit Audit reforms must not descend into ‘checklist’ exercise

3y Tom Lemmon

Audit reforms must not descend into ‘checklist’ ex...

Government must be wary of following Sarbanes-Oxley pitfalls, says Engine B’s head of audit Read More...

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Mazars global head: Audit reforms having little impact

Accounting Firms Mazars global head: Audit reforms having little impact

3y Tom Lemmon

Mazars global head: Audit reforms having little im...

Auditors outside of the Big Four yet to step into FTSE 100 market Read More...

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KPMG chief economist: Negative interest rates ‘unlikely’ but government support key

Big Four KPMG chief economist: Negative interest rates ‘unlikely’ but government support key

3y Tom Lemmon

KPMG chief economist: Negative interest rates ‘unl...

ACCA adds that “fear indices” are still unusually high Read More...

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Video: Tech no ‘silver bullet’ for audit

Audit Video: Tech no ‘silver bullet’ for audit

3y Tom Lemmon

Video: Tech no ‘silver bullet’ for audit

Audit technology will be a valuable tool but can’t singlehandedly prevent further scandals Read More...

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Report: Auditors brace for “imminent” proposals

Audit Report: Auditors brace for “imminent” proposals

3y Tom Lemmon

Report: Auditors brace for “imminent” proposals

BEIS’s initial recommendations and consultations on audit reform expected to be made public before Christmas with full implementation in 2023 Read Mor...

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Industry divided over SEC auditor independence reforms

Audit Industry divided over SEC auditor independence reforms

3y Tom Lemmon

Industry divided over SEC auditor independence ref...

The US Securities and Exchange Commission (SEC)’s reforms to the Auditor Independence Framework have exposed deep divisions in the sector over where t...

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Deloitte partners face £19m insolvency lawsuit

Big Four Deloitte partners face £19m insolvency lawsuit

3y Tom Lemmon

Deloitte partners face £19m insolvency lawsuit

Relationship between insolvency practitioners and banks under spotlight again Read More...

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Auditors must “stop pretending” it’s not their job to catch fraud

Audit Auditors must “stop pretending” it’s not their job to catch fraud

3y Tom Lemmon

Auditors must “stop pretending” it’s not their job...

President and founder of audit tech company Confirmation calls on auditors to get serious about catching fraud Read More...

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BEIS committee MP calls for patience over audit reform

Audit BEIS committee MP calls for patience over audit reform

3y Tom Lemmon

BEIS committee MP calls for patience over audit re...

Conservative MP “wouldn’t read into” failure of government to bring legislation forward since the Brydon report was published Read More...

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FRC urges government to implement audit reform

Audit FRC urges government to implement audit reform

3y Tom Lemmon

FRC urges government to implement audit reform

Principles for operational separation of audit were released yesterday by the FRC, but new legislation is needed for next steps Read More...

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Audit shake-up a good 'first step'

Audit Audit shake-up a good 'first step'

3y Tom Lemmon

Audit shake-up a good 'first step'

FRC has announced plans for the ‘operational separation’ of audit practices Read More...

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EY’s Wirecard audit exposes potential fraud

Audit EY’s Wirecard audit exposes potential fraud

3y Shannon Moyer

EY’s Wirecard audit exposes potential fraud

After a series of audits by EY and a special audit by KPMG, nearly €1.9bn remains unaccounted for Read More...

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Q&A: EY’s global vice chair of tax on a changing function

Big Four Q&A: EY’s global vice chair of tax on a changing function

3y Jeremy Chan

Q&A: EY’s global vice chair of tax on a changing f...

Accountancy Age sits down with Kate Barton to discuss the effects the pandemic is having on the tax function and what to expect going forward Read Mor...

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Wirecard audit procedures yet to be completed

Audit Wirecard audit procedures yet to be completed

3y Shannon Moyer

Wirecard audit procedures yet to be completed

EY audit of the financial services provider has been repeatedly deferred Read More...

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KPMG, PwC's Eddie Stobart audits under FRC investigation

Audit KPMG, PwC's Eddie Stobart audits under FRC investigation

3y Shannon Moyer

KPMG, PwC's Eddie Stobart audits under FRC investi...

Audits for Eddie Stobart’s 2017 and 2018 accounts found errors dating back several years Read More...

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BDO furloughs 700 employees, firms cut pay

Big Four BDO furloughs 700 employees, firms cut pay

3y Shannon Moyer

BDO furloughs 700 employees, firms cut pay

Mid-tier firm furloughs staff two weeks after attending a virtual meeting with several competitors on government assistance Read More...

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Reports suggest Big Four, BDO and Grant Thornton discuss furlough behind closed doors

Big Four Reports suggest Big Four, BDO and Grant Thornton discuss furlough behind closed doors

3y Shannon Moyer

Reports suggest Big Four, BDO and Grant Thornton d...

Top six UK accounting firms met virtually in a meeting organised by the ICAEW to discuss the potential hit their reputations would take if they utilis...

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FRC fines KPMG £700,000 for poor audit

Audit FRC fines KPMG £700,000 for poor audit

3y Tom Lemmon

FRC fines KPMG £700,000 for poor audit

The FRC has fined KPMG UK £700,000 and reprimanded KPMG UK’s former senior partner for Manchester, Nicola Quayle for a “failure to apply sufficient pr...

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Humphrey: Audit needs a dynamic repair

Audit Humphrey: Audit needs a dynamic repair

4y Tom Lemmon

Humphrey: Audit needs a dynamic repair

Manchester University’s Professor of accounting, Christopher Humphrey talks to Accountancy Age about the future of audit Read More...

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Exclusive: Interview with Sir Donald Brydon – “That can’t happen again” - Part 2

Audit Exclusive: Interview with Sir Donald Brydon – “That can’t happen again” - Part 2

4y Chris Jewers

Exclusive: Interview with Sir Donald Brydon – “Tha...

In the second part of Accountancy Age’s exclusive interview with Sir Donald Brydon, we hear how the same concerns with audit expressed in 1992 have no...

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Apprenticeships shaping future of business

Big Four Apprenticeships shaping future of business

4y Laura Keen

Apprenticeships shaping future of business

Laura Keen, EY Apprenticeship leader, shares the experiences of apprentices from the EY Transaction Business Apprenticeship. Read More...

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Exclusive: Interview with Sir Donald Brydon – "Last chance saloon" for audit

Accounting Firms Exclusive: Interview with Sir Donald Brydon – "Last chance saloon" for audit

4y Chris Jewers

Exclusive: Interview with Sir Donald Brydon – "Las...

Speaking exclusively to Accountancy Age in the first of a two-part series, Sir Donald Brydon - author of the report into the effectiveness and quality...

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Audit industry stalemate shows signs of shifting

Audit Audit industry stalemate shows signs of shifting

4y Chris Jewers

Audit industry stalemate shows signs of shifting

Signs that the UK’s audit industry would reform had slowed in the New Year, but with Brexit almost over the line and an impending cabinet reshuffle, w...

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Deloitte pursues KPMG over audit of Goals Soccer Centres

Audit Deloitte pursues KPMG over audit of Goals Soccer Centres

4y Chris Jewers

Deloitte pursues KPMG over audit of Goals Soccer C...

Investigations into accounting fraud at Goals has involved HMRC, the FCA, BDO, RSM, Deloitte and could see KPMG on the wrong end of legal action, acco...

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