Karen Scholes has been appointed the new president of the Institute of Chartered Accountants of Scotland (ICAS) for the 2025/26 term, making history a...
View articleThe Financial Reporting Council (FRC) has launched an investigation into EY’s audits of the Post Office, focusing on the period from March 2015 to Mar...
View articleEfforts to ease cross-border mobility for auditors between the US and UK have hit a roadblock, with longstanding negotiations over mutual recognition ...
View articleThe Financial Conduct Authority (FCA) has abandoned its proposal to introduce a public interest test for disclosing investigations into regulated firm...
View articleThe UK’s Financial Conduct Authority (FCA) has found that most financial advice firms are delivering suitability reviews as required, but gaps remain ...
View articleThe global accountancy body has thrown its support behind the UK government’s proposed overhaul of local authority audits but warns that the reforms l...
View articleThe Charity Commission has announced a statutory inquiry into Community Accountancy Self Help, citing concerns over persistent non-compliance with fin...
View articleThe Financial Reporting Council (FRC) has published its draft three-year strategy for 2025-28, emphasising its commitment to safeguarding public trust...
View articleThe Financial Reporting Council (FRC) has released initial findings from its ongoing examination of the NHS audit market, revealing significant obstac...
View articleThe Centre for Public Interest Audit (CPIA), a new organisation that will bring together auditors from across the profession to shape best practice an...
View articleNew powers to Companies House which came into effect on 4 March signal a series of sweeping changes to UK company law over the next two years. Jonatha...
View article38% of firms required significant improvements, prompting the council to state Tier 2 and Tier 3 firms must "prioritise audit quality improvements and...
View articleContinuing econonmic uncertainty serves as a reminder to businesses that consistent, high-quality financial reporting is more important than ever, a F...
View articleThe review is understood to include examining the FCA’s governance, strategy, and culture and well as its approach to regulating diverse types of firm...
View articleThe FRC has said the admitted failings were "rudimentary and should not have occurred" Read More...
View articleAdministrative pressures should not deter accountants from upskilling around sustainability, argues IFA chief executive, John Edwards Read More...
View articlePlans to establish a Single Enforcement Body have resurfaced having been reportedly shelved last year Read More...
View articleThe accountancy industry has been hit by several exam cheating cases over the last few years Read More...
View articleThe first update to the UK Corporate Governance Code in four years will see the creation of a stronger framework for reporting on internal controls an...
View articleRegulatory body has launched an investigation into Deloitte’s auditing practices for the years ending 2017 and 2018 Read More...
View articleMoney laundering is a growing concern for businesses and governments around the world. Accountants play a crucial role in preventing money laundering ...
View articleAssociation relinquishing RPB authority Read More...
View articleThe revised version of the Sustainable Development Goals Disclosure (SDGD) demands firms to further include sustainable development risks within their...
View articleSAIs are essential for good governance in any country. In addition to holding their government to account by scrutinising the legality and accuracy of...
View articleMajor accountancy bodies support new code after string of audit-related business collapses in recent years. Read More...
View articleSir Amyas Morse’s independent review into the Loan Charge includes a series of middle-ground reforms which aim to balance taxpayers’ responsibility al...
View articleAs the value of fines on audit firms issued by the FRC increases, experts reflect on why the regulator’s approach has changed and how this has impacte...
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