FRC inspection report highlights continued deficiencies in the quality and rigour of bank audits Read More...
View articleFormer Deloitte & Touche chief risk officer suspended from auditing public companies for two years Read More...
View articlePrinciples of co-operation between the IASB, national standard-setters and other accounting standard-setting bodies published Read More...
View articleFRC launches disciplinary hearing into conduct of Paul Newsham, a former audit partner at Worthington Nicholls auditors Sixonethreeone Read More...
View articleCredibility of Bischoff's appointment at FRC called into question during parliamentary hearing Read More...
View articleFRC consulting on going concern along with reforms to directors' remuneration policy as part of wider changes to the corporate governance code Read Mo...
View articleIFRS Research Centre launched to create more evidence-based reporting standard setting Read More...
View articleFRC censures Baker Tilly for its reluctance to accept criticisms of audits in need of significant improvement Read More...
View articleAudits conducted by affiliates of six largest firms persistently deficient, survey of 30 regulators finds Read More...
View articleFRC extends the scope of its investigation into controversial charity The Cup Trust to include preparation and audit of financial statements Read More...
View articleSyed Kamall wants EC to commission review into international accounting standard setter - "similar" to Philippe Maystadt's review of Efrag Read More...
View articleUK reporting watchdog to develop going concern proposals for further public consultation following investor criticism, Accountancy Age can reveal Read...
View articleMEPs have asked EC to explain how IASB will avoid conflicts of interest and be democratically accountable Read More...
View articleRelease of EU funding streams contingent upon sufficient reform to prevent conflicts of interest Read More...
View articleThe lack of a single asset impairment model between the IASB and FASB leaves preparers playing piggy in the middle Read More...
View articleThe IFRS Foundation overhauls governance processes in light of continued shortcomings in its filing record at Companies House Read More...
View articleMazars and the ICAEW review into effects of IFRS cancelled, while EC launches investigation into IFRS Foundation's reporting failings Read More...
View articleMEPs urge EC to cancel ICAEW and Mazars contract to review effects of IFRS; call for investigation into IASB reporting failings Read More...
View articleFRC to amend conditions that determine whether debt instruments can be measured at amortised cost or fair value Read More...
View articleIASB oversight body admits failing to file information at Companies House in timely fashion, but denies its filings have been 'chaotic' Read More...
View articleBroad definition of profit or loss "comes at a price", says IASB chair Read More...
View articleAuditors issued with new guidance on the audit of housing associations Read More...
View articleIASB issues an interim standard that allows rate-regulated entities to continue using local policies on adopting IFRS Read More...
View articleThe FRC's new chairman must bring his banking experience to bear on how the FRC tackles failings in bank audits, governance and financial reporting Re...
View articleChinese securities regulator expressed "deep regret" over SEC decision to ban Big Four from auditing Chinese companies listed on US stock exchange Re...
View articleLloyds Banking Group chair Sir Win Bischoff will replace Baroness Hogg at the FRC Read More...
View articleJudge calls for Chinese affiliates of Big Four to be barred from working for any US-listed Chinese companies for six months Read More...
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