Audit under fire: Is the worst yet to come?

Audit Audit under fire: Is the worst yet to come?

2m Phil Crooks

Audit under fire: Is the worst yet to come?

Auditors have been feeling the heat recently after a series of high-profile failures, but what lies ahead and are they solely to blame? Read More...

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FRC confirms overhaul of UK corporate governance code

Corporate Governance FRC confirms overhaul of UK corporate governance code

3m Sam Alberti

FRC confirms overhaul of UK corporate governance c...

The 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...

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Q&A: Mazars on dissecting the UK’s draft audit reform bill

Accounting Firms Q&A: Mazars on dissecting the UK’s draft audit reform bill

4m Sam Alberti

Q&A: Mazars on dissecting the UK’s draft audit ref...

During a conversation with Accountancy Age, Mazars partner Bob Neate breaks down the draft audit reform bill, warning of a potential capacity issue fo...

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Blunted audit reforms risk “pick ’n’ mix approach” to reporting

Audit Blunted audit reforms risk “pick ’n’ mix approach” to reporting

4m Sam Alberti

Blunted audit reforms risk “pick ’n’ mix approach”...

The FRC and major audit firms have criticised the UK government’s watered-down proposals Read More...

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Overdue audit and corporate governance reforms on the horizon

Corporate Governance Overdue audit and corporate governance reforms on the horizon

4m Anca Thomson

Overdue audit and corporate governance reforms on ...

The UK government’s plans for audit and corporate governance reforms have appeared in this month’s Queen’s Speech, to the relief of many, says Anca Th...

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FRC publishes proposal to reclaim powers to ban auditors

Audit FRC publishes proposal to reclaim powers to ban auditors

6m Sam Alberti

FRC publishes proposal to reclaim powers to ban au...

But according to one expert, the industry response could render the move "redundant" Read More...

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FRC to ARGA transition plan sparks industry frustration as audit reform delay persists

Audit FRC to ARGA transition plan sparks industry frustration as audit reform delay persists

6m Sam Alberti

FRC to ARGA transition plan sparks industry frustr...

The Financial Reporting Council’s release of its three-year plan has been welcomed by auditors and accountants, but some argue it highlights the “over...

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One year anniversary of BEIS audit reform whitepaper sparks industry frustration

Audit One year anniversary of BEIS audit reform whitepaper sparks industry frustration

6m Sam Alberti

One year anniversary of BEIS audit reform whitepap...

The need for reform is "now more urgent than ever" Read More...

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Sector Insights: Audit reform delay

Audit Sector Insights: Audit reform delay

7m Sam Alberti

Sector Insights: Audit reform delay

Industry experts give their views on the state of play when it comes to the UK’s upcoming overhaul of the audit sector Read More...

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2021: How the accountancy industry adapted to change and uncertainty

Accounting Firms 2021: How the accountancy industry adapted to change and uncertainty

9m Institute of Financial Accountants

2021: How the accountancy industry adapted to chan...

As 2021 draws to a close, it’s time to reflect on the highs and lows of the past 12 months and how the accountancy industry has adapted to a myriad of...

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Managed shared audit “insufficient”, ICAEW argues

Audit Managed shared audit “insufficient”, ICAEW argues

10m Sam Alberti

Managed shared audit “insufficient”, ICAEW argues

Stakeholders have expressed little support for the plans Read More...

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FRC CEO: cost makes UK SOX “key political decision”

Audit FRC CEO: cost makes UK SOX “key political decision”

12m Sam Alberti

FRC CEO: cost makes UK SOX “key political decision...

Ministers are currently assessing a series of proposals to strengthen UK audit Read More...

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Audit must “dial up focus” to detect fraud more effectively

Audit Audit must “dial up focus” to detect fraud more effectively

1y Sam Alberti

Audit must “dial up focus” to detect fraud more ef...

While the responsibility of auditors is often misinterpreted, the capabilities of the profession must still improve, according to market participants ...

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UK audit reform: Key takeaways from the government’s extensive proposals

Audit UK audit reform: Key takeaways from the government’s extensive proposals

1y Paul Winrow

UK audit reform: Key takeaways from the government...

The UK government’s audit reform proposals aim to restore trust and corporate governance, but questions remain on how the proposed changes will be imp...

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Industry urges government to address “fragile” public sector audit market

Audit Industry urges government to address “fragile” public sector audit market

1y Sam Alberti

Industry urges government to address “fragile” pub...

Market capacity is cited as the key concern by market participants Read More...

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BEIS reforms can demonstrate "true value of audit”

Audit BEIS reforms can demonstrate "true value of audit”

1y Sam Alberti

BEIS reforms can demonstrate "true value of audit”

Recent data shows the level of scepticism of audit among business owners Read More...

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ICAEW and ACCA slam BEIS plans for new professional body for corporate auditors

Audit ICAEW and ACCA slam BEIS plans for new professional body for corporate auditors

1y Sam Alberti

ICAEW and ACCA slam BEIS plans for new professiona...

"We do not see it as being necessary or desirable" Read More...

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BEIS audit reforms could bear “huge” unintended consequences, market warns

Audit BEIS audit reforms could bear “huge” unintended consequences, market warns

1y Sam Alberti

BEIS audit reforms could bear “huge” unintended co...

Sources say the government must find more balance and focus Read More...

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FTSE firms call for audit reform delay

Audit FTSE firms call for audit reform delay

1y Tom Lemmon

FTSE firms call for audit reform delay

Survey reveals over two-thirds want to delay implementing reform by two years Read More...

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Industry torn over audit sector criticism

Audit Industry torn over audit sector criticism

1y Sam Alberti

Industry torn over audit sector criticism

The sector is "failing society", according to one source Read More...

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Big Four “jumping before they’re pushed” ahead of audit reforms

Audit Big Four “jumping before they’re pushed” ahead of audit reforms

2y Aoife Morgan

Big Four “jumping before they’re pushed” ahead of ...

KPMG UK confirms sale of restructuring arm to HIG Capital in £400m deal Read More...

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Pandemic accelerates need for audit reform

Audit Pandemic accelerates need for audit reform

2y Leanna Reeves

Pandemic accelerates need for audit reform

CIIA says crisis stressed need for reform, but auditor warns timing could be wrong Read More...

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Audit Q&A: You cannot serve two masters

Accounting Standards Audit Q&A: You cannot serve two masters

2y Shannon Moyer

Audit Q&A: You cannot serve two masters

We sat down with Remko Renes, an assistant professor of corporate governance at Nyenrode Business University, to discuss the future of audit in the UK...

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