Political and economic insecurity set to dog audit committees in 2015

Audit Political and economic insecurity set to dog audit committees in 2015

8y Chris Warmoll, Writer

Political and economic insecurity set to dog audit...

Audit committee members finding it "increasingly difficult" to oversee major risks in addition to financial reporting constraints Read More...

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FRC urges deeper engagement with stewardship code

Audit FRC urges deeper engagement with stewardship code

8y Chris Warmoll, Writer

FRC urges deeper engagement with stewardship code

FRC expresses disappointment that "too many signatories fail to follow-through on their commitment to the code" Read More...

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140 current female KPMG US employees join lawsuit against firm

Accounting Firms 140 current female KPMG US employees join lawsuit against firm

8y Kevin Reed, Writer

140 current female KPMG US employees join lawsuit ...

Lawyers representing a class action against KPMG reveal that 142 of the firm's current female employees have opted in to the lawsuit Read More...

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Geoffrey Green to replace Fleck as FRRP chair

Corporate Governance Geoffrey Green to replace Fleck as FRRP chair

8y Richard Crump, Writer

Geoffrey Green to replace Fleck as FRRP chair

Former senior partner of global law firm Ashurst to join body responsible for reviewing company accounts Read More...

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One-in-ten 'approached women' join KPMG US lawsuit

Accounting Firms One-in-ten 'approached women' join KPMG US lawsuit

8y Kevin Reed, Writer

One-in-ten 'approached women' join KPMG US lawsuit

Nearly 900 female fee-earners, associated with KPMG US, join gender discrimination class action lawsuit against the firm Read More...

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PwC in the money with new publisher’s audit

Audit PwC in the money with new publisher’s audit

8y Richard Crump, Writer

PwC in the money with new publisher’s audit

PwC replaces Deloitte as auditors of FTSE 250 publisher Euromoney Institutional Investor Read More...

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#AS2014: Banks hit with £3.5bn rap on knuckles

Corporate Governance #AS2014: Banks hit with £3.5bn rap on knuckles

8y Chris Warmoll, Writer

#AS2014: Banks hit with £3.5bn rap on knuckles

The measure - which will kick in from 1 April 2015 - includes an exemption for losses incurred in the first five years of a bank's authorisation Read ...

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Bangladesh audit reform moves forward, despite disagreements

Accounting Standards Bangladesh audit reform moves forward, despite disagreements

8y A.Z.M. Anas

Bangladesh audit reform moves forward, despite dis...

A power struggle between Bangladeshi institutes fails to halt move towards stronger audit and accounting regulation Read More...

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CIPFA endorses public sector reporting evolution

Corporate Governance CIPFA endorses public sector reporting evolution

8y Kevin Reed, Writer

CIPFA endorses public sector reporting evolution

IIRC and CIPFA push initiative to to drive more sustainability and transparency into public sector reporting Read More...

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UHY Hacker Young fined over audit family tie

Accounting Standards UHY Hacker Young fined over audit family tie

8y Chris Warmoll, Writer

UHY Hacker Young fined over audit family tie

Penalty imposed over breach of regulation where it failed to eliminate a potential threat to its independence of the audit client Read More...

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Diageo ends 17-year audit relationship with KPMG

Accounting Firms Diageo ends 17-year audit relationship with KPMG

8y Richard Crump, Writer

Diageo ends 17-year audit relationship with KPMG

PwC replaces KPMG as auditors of FTSE 100 drinks manufacturor Diageo Read More...

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When is the right time to step aside?

Corporate Governance When is the right time to step aside?

8y Paul Lees

When is the right time to step aside?

Paul Lees, founder of conference call provider Powwownow, is stepping aside as CEO. He looks at the importance of knowing when the time is right to mo...

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Are ethics and profits mutually exclusive?

Corporate Governance Are ethics and profits mutually exclusive?

8y Tania Hayes

Are ethics and profits mutually exclusive?

The markets crave trust, and business must be more proactive in its delivery Read More...

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ICAEW: Government must sort out finances or threaten recovery

Accounting Standards ICAEW: Government must sort out finances or threaten recovery

8y Kevin Reed, Writer

ICAEW: Government must sort out finances or threat...

Michael Izza warns George Osborne that pre-Election giveaways are imprudent, and will threaten economic recovery Read More...

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Leader: Tesco's woes sees 'materiality' question raised

Corporate Governance Leader: Tesco's woes sees 'materiality' question raised

8y Kevin Reed, Writer

Leader: Tesco's woes sees 'materiality' question r...

Even if 'materiality' proves not to be a key aspect of the Tesco debacle, it won't stop navel-gazing among the audit profession Read More...

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ICAS: profitability not an excuse to brush aside governance issues

Corporate Governance ICAS: profitability not an excuse to brush aside governance issues

8y Kevin Reed, Writer

ICAS: profitability not an excuse to brush aside g...

Improved business performance is not an excuse to ignore continuing business governance and ethics concerns, says ICAS's chief executive Anton Colella...

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Deloitte's Tesco probe finds prior reporting period issues

Accounting Firms Deloitte's Tesco probe finds prior reporting period issues

8y Chris Warmoll, Writer

Deloitte's Tesco probe finds prior reporting perio...

Income was deferred or recognised early - against Tesco accounting policy, Deloitte's probe confirms Read More...

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LIVE BLOG: Tesco's trading update

Company News LIVE BLOG: Tesco's trading update

8y Kevin Reed, Writer

LIVE BLOG: Tesco's trading update

Welcome to the Accountancy Age/Financial Director live blog, where we will cover all the relevant issues and opinions that arise from Tesco's crucial ...

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KPMG pulls sponsorship of LSE sports union over ‘offensive' leaflets

Accounting Firms KPMG pulls sponsorship of LSE sports union over ‘offensive' leaflets

8y Chris Warmoll, Writer

KPMG pulls sponsorship of LSE sports union over ‘o...

"Homophobic", "misogynistic" and "classist" flyers were confiscated soon after complaints made to the student union Read More...

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Leader: Baker Tilly's naming nerves

Accounting Firms Leader: Baker Tilly's naming nerves

8y Calum Fuller, Reporter

Leader: Baker Tilly's naming nerves

Baker Tilly's impending name change opens up a range of possiblities, writes Calum Fuller Read More...

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Thousands of female staff offered chance to join anti-KPMG lawsuit

Accounting Firms Thousands of female staff offered chance to join anti-KPMG lawsuit

8y Kevin Reed, Writer

Thousands of female staff offered chance to join a...

Past and current female staff of KPMG in the US emailed an opportunity to join a class action suit against the firm Read More...

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Auto-enrolment: Know the workforce - assessing workers

Business Regulation Auto-enrolment: Know the workforce - assessing workers

8y Stephen Rowntree

Auto-enrolment: Know the workforce - assessing wor...

Who 'works' for a business? A simple question, but one that requires careful consideration as far as meeting auto-enrolment requirements are concerned...

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Former Rangers owner Whyte in 15-year directorship ban

Business Recovery Former Rangers owner Whyte in 15-year directorship ban

8y Calum Fuller, Reporter

Former Rangers owner Whyte in 15-year directorship...

Craig Whyte banned from holding company directorships after the Insolvency Service holds he acted without consultation with fellow directors Read More...

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KPMG replaces PwC as Grainger auditors

Accounting Firms KPMG replaces PwC as Grainger auditors

8y Richard Crump, Writer

KPMG replaces PwC as Grainger auditors

Property owner Grainger replaces auditors following first tender in ten years Read More...

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FRC 'closely monitoring' Tesco situation

Corporate Governance FRC 'closely monitoring' Tesco situation

8y Chris Warmoll, Writer

FRC 'closely monitoring' Tesco situation

FRC keeping close eye on developments following Tesco's profit overstatements Read More...

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Colin: If you look after the pennies, Tesco...

Corporate Finance Colin: If you look after the pennies, Tesco...

8y Taking Stock

Colin: If you look after the pennies, Tesco...

Colin speculates on the state of Tesco's staff lounge following news of its profits recognition crisis Read More...

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KPMG overhauls approach to its audit reports

Audit KPMG overhauls approach to its audit reports

8y Richard Crump, Writer

KPMG overhauls approach to its audit reports

KPMG invites listed audit clients to include broader qualitative commentary from the auditors in annual reports Read More...

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