PwC audit changes are “unacceptable”
Audit

PwC audit changes are “unacceptable”

5y Tom Lemmon

PwC audit changes are “unacceptable”

PwC’s newly-announced audit reforms are “unacceptable” and “do not appear to go far enough”, according to Professor Prem Sikka and the CMA Read More...

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PwC reveals “big deal” tech plan to boost audit quality
Audit

PwC reveals “big deal” tech plan to boost audit quality

5y Dave Beach

PwC reveals “big deal” tech plan to boost audit qu...

PwC has committed to an additional £30m annual spend to boost training, employee numbers and technology in a bid to improve its audit process. It incl...

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Grant Thornton to up audit quality with new appointment
Audit

Grant Thornton to up audit quality with new appointment

5y Dave Beach

Grant Thornton to up audit quality with new appoin...

Grant Thornton has today appointed insider Fiona Baldwin as head of audit, several months after the Patisserie Valerie debacle Read More...

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Can Richard Murphy's Corporate Accountability Network make accountancy fit for the 21st Century?
People In Practice

Can Richard Murphy's Corporate Accountability Network make accountancy fit ...

5y Tom Lemmon

Can Richard Murphy's Corporate Accountability Netw...

Accountancy is not fit for purpose in the 21st Century, according to Professor Richard Murphy. Here he discusses his vision for the future of accounta...

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Chatbots and the AI-assisted audit revolution
Accounting Software

Chatbots and the AI-assisted audit revolution

5y Tim Deeson

Chatbots and the AI-assisted audit revolution

CEO of Greenshoot Labs, Tim Deeson, explains how chatbots will revolutionise audit and improve customer service and loyalty Read More...

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KPMG UK announce new audit structure – but is it enough?
Audit

KPMG UK announce new audit structure – but is it enough?

5y Tom Lemmon

KPMG UK announce new audit structure – but is it e...

KPMG UK's new audit structure is intended to deliver on many of the CMA and BEIS comittee recommendations, but critics say only a full separation will...

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The CMA has released its final report into the future of the audit market
Audit

The CMA has released its final report into the future of the audit market

5y Beth McLoughlin

The CMA has released its final report into the fut...

Audit reform gets a step closer with the Competition and Market Authority's recommendations, including a separation of audit from other functions Read...

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The madness of audit independence
Audit

The madness of audit independence

5y Clive Viegas Bennett

The madness of audit independence

As the CMA announces sweeping proposals for audit reform, Clive Viegas Bennett, CEO of MGI Worldwide, says the way the industry works is fundamentally...

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Life after BHS, Carillion, & Patisserie Valerie: Is there light at the end of the tunnel for audit?
Audit

Life after BHS, Carillion, & Patisserie Valerie: Is there light at the end ...

5y Accountancy Age

Life after BHS, Carillion, & Patisserie Valerie: I...

In her final article for Accountancy Age, Lucy explores quality of audit in the past and now, and what the future of the profession looks like Read Mo...

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Audit vs R&D: “There is a clear conflict which accountancy firms aren’t dealing with”
Audit

Audit vs R&D: “There is a clear conflict which accountancy firms aren’t dea...

5y Beth McLoughlin

Audit vs R&D: “There is a clear conflict which acc...

Ex-Big Four accountant and investor Steve Phillips, who is now CFO at GovGrant, shares his unique perspective on the audit conundrum Read More...

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The construction sector is “fragile” with “low margins and high risks”, says ICAEW
Business

The construction sector is “fragile” with “low margins and high risks”, say...

5y Emanuela Hawker , Reporter

The construction sector is “fragile” with “low mar...

ICAEW has identified the construction sector as an industry that needs to adapt to survive Read More...

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Big data, data analytics, machine automation, AI - why should these concern the auditor of tomorrow
Technology

Big data, data analytics, machine automation, AI - why should these concer...

5y Jennifer South

Big data, data analytics, machine automation, AI -...

Pearson business school's Jennifer South FCA MA (Oxon) outlines how new technologies including AI and data analytics will transform audit Read More...

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Top accounting scandals in 2018
Audit

Top accounting scandals in 2018

5y Virginia Blackburn

Top accounting scandals in 2018

A summary of the cases of financial scandals, accounting fraud and corporate fraud which capitivated us last year and their implications Read More...

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Sir Donald Brydon appoints team for his audit review
Audit

Sir Donald Brydon appoints team for his audit review

5y Beth McLoughlin

Sir Donald Brydon appoints team for his audit revi...

The Independent Review into the Quality and Effectiveness of the UK Audit Market led by Sir Donald Brydon has announced its advisory board Read More...

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Should accountancy firms up their prices?
People In Practice

Should accountancy firms up their prices?

5y Emanuela Hawker , Reporter

Should accountancy firms up their prices?

From PwC to flinder: Accountancy Age speaks with one of the co-founders of flinder about the world of accounting and how the main issues boil down to ...

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Patisserie Valerie rescued in management buyout backed by Causeway Capital Partners
Audit

Patisserie Valerie rescued in management buyout backed by Causeway Capital ...

5y Accountancy Age

Patisserie Valerie rescued in management buyout ba...

After being on the brink of complete collapse, Patisserie Valerie and 2,000 of its jobs has been saved Read More...

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"There isn't a single answer to fixing the cyber security problem," says Rainbird CEO
Audit

"There isn't a single answer to fixing the cyber security problem," says Ra...

5y Emanuela Hawker , Reporter

"There isn't a single answer to fixing the cyber s...

Ben Taylor, CEO of Rainbird, has spoken to Accountancy Age about technology in accounting and what the future might bring Read More...

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What do audit clients think about audit?
Audit

What do audit clients think about audit?

5y Emanuela Hawker , Reporter

What do audit clients think about audit?

Source Global Research has put the question to audit clients and has received some interesting responses Read More...

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Time for an overhaul of public audit
Audit

Time for an overhaul of public audit

5y John Tizard and David Walker

Time for an overhaul of public audit

The crisis in company audit has knock on consequences for public audit - and now is a good time to review the remit of the National Audit Office, say ...

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Audit reform: The devil is in the detail
Audit

Audit reform: The devil is in the detail

5y Ruth Bender

Audit reform: The devil is in the detail

Emeritus Professor Ruth Bender of Corporate Financial Strategy from Cranfield School of Management on the next steps following the CMA and Kingman rev...

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How did fraud come about in the Patisserie Valerie case?
Insolvency

How did fraud come about in the Patisserie Valerie case?

5y Accountancy Age

How did fraud come about in the Patisserie Valerie...

Simon Bonney, partner and insolvency expert, said “It is difficult, given the extent of the fraud, that this isn’t something that could have been spot...

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Has the audit process improved since Carillion? No, say company secretaries
Audit

Has the audit process improved since Carillion? No, say company secretaries

5y Beth McLoughlin

Has the audit process improved since Carillion? No...

More than half of company secretaries surveyed by ICSA, the Government Institute and recruitment specialist said the industry has learned little from ...

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EY to improve audits via independent panel
Audit

EY to improve audits via independent panel

5y Accountancy Age

EY to improve audits via independent panel

EY are responding to calls for independence among the Big Four accounting firms Read More...

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Patisserie Valerie plunges into administration closing 70 cafes immediately
Audit

Patisserie Valerie plunges into administration closing 70 cafes immediately

5y Accountancy Age

Patisserie Valerie plunges into administration clo...

It is thought that up to 900 Patisserie Valerie employees could lose their jobs Read More...

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Update on Carillion: FRC continue investigating KPMG for 2014-17 audits of construction company
Audit

Update on Carillion: FRC continue investigating KPMG for 2014-17 audits of ...

5y Accountancy Age

Update on Carillion: FRC continue investigating KP...

The investigation into Carillion's collapse continue on with a renewed focus on KPMG's audits of the construction business Read More...

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Is Patisserie Valerie fraud worse than everyone originally thought?
Audit

Is Patisserie Valerie fraud worse than everyone originally thought?

5y Accountancy Age

Is Patisserie Valerie fraud worse than everyone or...

The popular cake chain says it's accounts were 'significantly manipulated' before its near-collapse last year Read More...

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The state of audit in accountancy
Audit

The state of audit in accountancy

5y Accountancy Age

The state of audit in accountancy

It's time! After another year of financial scandals, Accountancy Age are taking the plunge and writing a feature on audit in accountancy. Please take ...

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