Dame Leslie scolded for thinking
Corporate Tax

Dame Leslie scolded for thinking

13y Idris Nagri

Dame Leslie scolded for thinking

LIKE A NAUGHTY SCHOOLKID, the taxman appeared before the Treasury select committee. Chairman Mike Clasper knew his role well, taking heed of headmaste...

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Former PwC audit partner joins AADB
Audit

Former PwC audit partner joins AADB

13y Idris Nagri

Former PwC audit partner joins AADB

Philip Taylor joins the Accountancy and Actuarial Discipline Board Read More...

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Auditors reject lack of scepticism concerns
Accounting Firms

Auditors reject lack of scepticism concerns

13y Kevin Reed , Writer

Auditors reject lack of scepticism concerns

Firms hit back at suggestions that more scepticism is needed in their work Read More...

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Regulator launches 'going concern' review
Regulatory Bodies

Regulator launches 'going concern' review

13y Idris Nagri

Regulator launches 'going concern' review

FRC reveals going concern remains a 'critical' issue even as the economy stabilises Read More...

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Cross-border insolvency confusion must end
Business Recovery

Cross-border insolvency confusion must end

13y Idris Nagri

Cross-border insolvency confusion must end

Clearer guidelines needed to help define the country in which a practitoner will manage an insolvent company Read More...

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Red tape burden causing businesses to breach regulations
Business Regulation

Red tape burden causing businesses to breach regulations

13y Paul Grant

Red tape burden causing businesses to breach regul...

Sheer scale of regulations faced by businesses mean they often are unsure which rules apply to them, says NAO Read More...

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UK audits must cover UK non-financial info
Audit

UK audits must cover UK non-financial info

13y Kevin Reed , Writer

UK audits must cover UK non-financial info

Description of UK audit scope expanded to cover non-financial information within annual reports Read More...

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HMRC cuts wasting advisers' and clients' valuable time
Accounting Standards

HMRC cuts wasting advisers' and clients' valuable time

13y Idris Nagri

HMRC cuts wasting advisers' and clients' valuable ...

Treasury Select Committee told that HMRC staff cuts leave simple enquiries taking "months" to clear up Read More...

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Watchdog chief insists on 'absolute' confidence in discplinary staff
Regulatory Bodies

Watchdog chief insists on 'absolute' confidence in discplinary staff

13y Idris Nagri

Watchdog chief insists on 'absolute' confidence in...

FRC CEO Stephen Haddrill says he has absolute confidence in disciplinary body staff as it faces huge caseload Read More...

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Boards failing to reveal 'risks and uncertainties'
Regulatory Bodies

Boards failing to reveal 'risks and uncertainties'

13y Idris Nagri

Boards failing to reveal 'risks and uncertainties'

Watchdog warns that many board members need to do more to report the risks and uncertainties facing their companies Read More...

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Minister has "serious concerns" over Big Four's audit dominance
Audit

Minister has "serious concerns" over Big Four's audit dominance

13y Idris Nagri

Minister has "serious concerns" over Big Four's au...

Ed Davey says government regulation of audit market is not preferred option and urges big companies to consider using mid-tier accounting firms Read M...

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FRC and FSA to share audit information
Audit

FRC and FSA to share audit information

13y Idris Nagri

FRC and FSA to share audit information

The Financial Services Authority and the Financial Reporting Council to exchange information in an attempt to improve the oversight of bank audits Rea...

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Top six firms welcome US and UK audit co-operation
Audit

Top six firms welcome US and UK audit co-operation

13y Kevin Reed , Writer

Top six firms welcome US and UK audit co-operation

The biggest global firms issue joint statement saying co-operation between the US and UK audit regulators will benefit the profession and global marke...

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FRC beefs up audit committee powers
Regulatory Bodies

FRC beefs up audit committee powers

13y Mario Christodoulou

FRC beefs up audit committee powers

Proposals will offer audit committees greater scope to detail how they have kept management honest Read More...

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FRC makes Glen Moreno deputy chairman
Regulatory Bodies

FRC makes Glen Moreno deputy chairman

13y Idris Nagri

FRC makes Glen Moreno deputy chairman

The chairman of international media group Pearson, Glen Moreno, has been revealed as the deputy chairman of the UK’s financial watchdog Read More...

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Regulators failed to watch over Big Four during crisis, say Lords
Audit

Regulators failed to watch over Big Four during crisis, say Lords

13y Idris Nagri

Regulators failed to watch over Big Four during cr...

Lord Lawson puts the boot into the FRC and FSA over their failure to communicate adequately with the Big Four Read More...

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Accounting fraud pays - or getting caught doesn't hurt. Mostly.
Audit

Accounting fraud pays - or getting caught doesn't hurt. Mostly.

13y Idris Nagri

Accounting fraud pays - or getting caught doesn't ...

AS A JOURNALIST I must confess I don’t usually read the accounting books that drop onto my desk on a weekly basis but Michael Jones’ hefty...

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Hogg appointed as new business ambassador
Regulatory Bodies

Hogg appointed as new business ambassador

13y Idris Nagri

Hogg appointed as new business ambassador

David Cameron appoints business ambassadors Read More...

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Watchdog launches Baker Tilly probe
Audit

Watchdog launches Baker Tilly probe

14y Idris Nagri

Watchdog launches Baker Tilly probe

Accountancy and Actuarial Discipline Board opens investigation into Baker Tilly over its audit of electric van maker Tanfield Read More...

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Aussies advise Lords on 'proportionate' liability
Audit

Aussies advise Lords on 'proportionate' liability

14y Idris Nagri

Aussies advise Lords on 'proportionate' liability

Australian institute tells House of Lords that capping liability, government oversight and professional have changed the audit market Read More...

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Video: Disciplinary board creaks under workload
Business Regulation

Video: Disciplinary board creaks under workload

14y Idris Nagri

Video: Disciplinary board creaks under workload

AADB struggling to cope with huge number of cases on its books Read More...

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Profession's disciplinary body under pressure
Regulatory Bodies

Profession's disciplinary body under pressure

14y Idris Nagri

Profession's disciplinary body under pressure

Make or break: with few resources and limited powers the AADB now has to show it really has the clout to count Read More...

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'Institutional prejudice' restricting audit market
Audit

'Institutional prejudice' restricting audit market

14y Idris Nagri

'Institutional prejudice' restricting audit market

Mid-tier firms tell Lords committee that intervention required to 'de-risk' audit market Read More...

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US tests standard setter's independence
Accounting Standards

US tests standard setter's independence

14y Idris Nagri

US tests standard setter's independence

Securities and Exchange Commission publishes work plan for assessing its decision to accept IFRS and the IASB Read More...

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Insolvency Service should replace courts
Business Recovery

Insolvency Service should replace courts

14y Idris Nagri

Insolvency Service should replace courts

Decisions on bankruptcy orders should be passed to the Insolvency Service replacing the courts according to a recent consultation Read More...

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FRC wants greater power over auditors
Audit

FRC wants greater power over auditors

14y Idris Nagri

FRC wants greater power over auditors

FRC wants more power to sanction auditors Read More...

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FRC highlights four "significant synergies" if handed UKLA
Business Regulation

FRC highlights four "significant synergies" if handed UKLA

14y Idris Nagri

FRC highlights four "significant synergies" if han...

FRC chief said it is important "all parts learn to work closer together" Read More...

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