NAO qualifies local government accounts

Audit NAO qualifies local government accounts

11y Richard Crump, Writer

NAO qualifies local government accounts

Department for Communities and Local Government accounts qualified following spending breaches Read More...

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Audit committees need to get cracking on Companies Act reform

Business Regulation Audit committees need to get cracking on Companies Act reform

11y Rachael Singh, Writer

Audit committees need to get cracking on Companies...

Companies Act reform welcomed but audit committees must start working on this quickly Read More...

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Interview: New IFAC chief executive Fayez Choudhury

Accounting Standards Interview: New IFAC chief executive Fayez Choudhury

11y Kevin Reed, Writer

Interview: New IFAC chief executive Fayez Choudhur...

Choudhury talks about ramping up the global accountancy representative's offering - while trying to make sure the profession isn't misunderstood Read ...

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IFRS Foundation cuts provision for HMRC tax inquiry

Regulatory Bodies IFRS Foundation cuts provision for HMRC tax inquiry

11y Richard Crump, Writer

IFRS Foundation cuts provision for HMRC tax inquir...

IFRS Foundation able to cut provision for HMRC tax investigation by £290,000 Read More...

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Walk before you can run, lessons on choosing the right IT system

Technology Walk before you can run, lessons on choosing the right IT system

11y Accountancy Age

Walk before you can run, lessons on choosing the r...

Stepping back and choosing a simpler IT system might be the best way forward for the business explains Christophe Letellier Read More...

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HP board sued over Autonomy acquisition

Audit HP board sued over Autonomy acquisition

11y Rachael Singh, Writer

HP board sued over Autonomy acquisition

Shareholders claim HP board members were aware of red flags at Autonomy prior to HP’s acquisition Read More...

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Companies House dissolves Tweetdeck for failing to file accounts

Company News Companies House dissolves Tweetdeck for failing to file accounts

11y Rachael Singh, Writer

Companies House dissolves Tweetdeck for failing to...

Tweetdeck shut down for failing to file accounts despite sanctions and warnings from Companies House Read More...

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Complaints pile up over changes to accounting regulations

Accounting Standards Complaints pile up over changes to accounting regulations

11y Rachael Singh, Writer

Complaints pile up over changes to accounting regu...

Institutes flag up a multitude of concerns over the government's proposed changes to micro-entity financial reporting Read More...

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Autonomy under investigation by SFO, HP claims

Accounting Firms Autonomy under investigation by SFO, HP claims

11y Richard Crump, Writer

Autonomy under investigation by SFO, HP claims

The SFO joins the US Department of Justice and the FRC in investigating allegations that "accounting improprieties" at Autonomy caused HP to overpay f...

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£4.6bn accounting charge for RBS after “chastening” 2012

Company News £4.6bn accounting charge for RBS after “chastening” 2012

11y Calum Fuller, Reporter

£4.6bn accounting charge for RBS after “chastening...

The Royal Bank of Scotland takes a £4.6bn hit after making changes to its own credit in 2012 Read More...

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Safeland recoups a further £0.5m of misappropriated funds

Audit Safeland recoups a further £0.5m of misappropriated funds

11y Richard Crump, Writer

Safeland recoups a further £0.5m of misappropriate...

Latest recovery takes total amount of funds recouped to £725,000 Read More...

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Auditors' going concern judgment to extend beyond 12 months

Audit Auditors' going concern judgment to extend beyond 12 months

11y Richard Crump, Writer

Auditors' going concern judgment to extend beyond ...

Companies' ongoing financial health must be judged over a longer period of time, according to draft proposals put forward by the FRC Read More...

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Local Audit Bill has “gaping holes”, says Hodge

Audit Local Audit Bill has “gaping holes”, says Hodge

11y Richard Crump, Writer

Local Audit Bill has “gaping holes”, says Hodge

Arrangements set out in Local Audit Bill "will result in a more complex and fragmented audit regime", says Margaret Hodge Read More...

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Accounting error wipes £2.3m off Cambridge Council budget

Audit Accounting error wipes £2.3m off Cambridge Council budget

11y Kevin Reed, Writer

Accounting error wipes £2.3m off Cambridge Council...

E&Y confirms council's £2.3m December budget adjustment Read More...

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DS Smith rules out accounts problem despite media attention

Company News DS Smith rules out accounts problem despite media attention

11y Kevin Reed, Writer

DS Smith rules out accounts problem despite media ...

Post-acquisition accounts filing looms, DS Smith insists, as investigation rules out problems Read More...

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Public sector audit work improves for 2011/12

Audit Public sector audit work improves for 2011/12

11y Richard Crump, Writer

Public sector audit work improves for 2011/12

Audit Commission finds there have been improvements in the standard of financial reporting at local bodies Read More...

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End era of convergence in months, not years – ICAEW

Accounting Standards End era of convergence in months, not years – ICAEW

11y Richard Crump, Writer

End era of convergence in months, not years – ICAE...

The institute suggests that all listed companies around the world should have the option of applying IFRS Read More...

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AS2012: Advisors must take note as cash accounting looms

Accounting Standards AS2012: Advisors must take note as cash accounting looms

11y Kevin Reed, Writer

AS2012: Advisors must take note as cash accounting...

Cash accounting may seem 'small-fry' but advisors must consider its impact, warn experts Read More...

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AS2012: Government book-keeping change adds £70bn to the deficit

Politics AS2012: Government book-keeping change adds £70bn to the deficit

11y Richard Crump, Writer

AS2012: Government book-keeping change adds £70bn ...

Chancellor says government is moving Bradford & Bingley and Northern Rock debt onto its balance sheet during Autumn Statement Read More...

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PwC review sees hike in Phoenix IT accounting irregularities

Accounting Standards PwC review sees hike in Phoenix IT accounting irregularities

11y Kevin Reed, Writer

PwC review sees hike in Phoenix IT accounting irre...

Value of profit misstatement at Phoenix IT higher than originally thought, following PwC review Read More...

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Divisions over shape of new UK GAAP

Accounting Standards Divisions over shape of new UK GAAP

11y Richard Crump, Writer

Divisions over shape of new UK GAAP

FRC framework for reduced disclosures welcomed, but opinion split over shape of new UK GAAP Read More...

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Investor files lawsuit against Deloitte & KPMG for work on Autonomy

Audit Investor files lawsuit against Deloitte & KPMG for work on Autonomy

11y Rachael Singh, Writer

Investor files lawsuit against Deloitte & KPMG...

Allegations the two firms missed numerous red flags in their work with HP and Autonomy have been filed in a lawsuit in the US Read More...

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PwC finds $5bn black hole in HP's Autonomy deal

Corporate Finance PwC finds $5bn black hole in HP's Autonomy deal

11y Kevin Reed, Writer

PwC finds $5bn black hole in HP's Autonomy deal

HP accuses some former members of Autonomy's management team of "accounting improprieties" prior to its acquisition Read More...

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Accounting for box office success can be tricky

Accounting Standards Accounting for box office success can be tricky

11y Taking Stock

Accounting for box office success can be tricky

What’s the difference between a yuan and a dollar? Nothing, if you’re a box-office analyst Read More...

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FRC undershoots annual budget by £1.1m

Business Regulation FRC undershoots annual budget by £1.1m

12y Richard Crump, Writer

FRC undershoots annual budget by £1.1m

UK reporting watchdog cuts overall expenditure despite larger-than-expected costs associated with structural reform Read More...

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Former Olympus execs plead guilty to accounting fraud

Legal Former Olympus execs plead guilty to accounting fraud

12y Richard Crump, Writer

Former Olympus execs plead guilty to accounting fr...

Tokyo prosecutors charge three former Olympus executives for falsifying company accounts to hide massive investment losses Read More...

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Growing skills gap emerging in finance functions

People Business Growing skills gap emerging in finance functions

12y Richard Crump, Writer

Growing skills gap emerging in finance functions

Report claims 80% of finance professionals planning to quit their roles in next 12 months Read More...

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