Brydon Report: Industry reacts to findings and audit recommendations
Accounting Firms

Brydon Report: Industry reacts to findings and audit recommendations

4y Chris Jewers

Brydon Report: Industry reacts to findings and aud...

Following the release of the Brydon report, in which Sir Donald Brydon has made 64 recommendations on how to improve the troubled UK audit industry, A...

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Coalition aims for consensus on good risk management practice
Practice

Coalition aims for consensus on good risk management practice

5y Chris Jewers

Coalition aims for consensus on good risk manageme...

Risk management is becoming an increasingly important part of an accountant’s role. However, there is no official best practice for accountants or any...

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Draft code launched in bid to reduce risk of corporate collapses
Governance

Draft code launched in bid to reduce risk of corporate collapses

5y Chris Jewers

Draft code launched in bid to reduce risk of corpo...

The Internal Audit Code of Practice aims to create an internal audit industry standard and boost the ‘status, standards, scope and skills’ of internal...

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CIIA appoints ex-FRC chief Paul Boyle as president
Company News

CIIA appoints ex-FRC chief Paul Boyle as president

7y Stephanie Wix , Writer

CIIA appoints ex-FRC chief Paul Boyle as president

Paul Boyle is appointed as the president of the Chartered Institute of Internal Auditors Read More...

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Ed Balls: Better internal audit 'vital' for City’s risk management
Audit

Ed Balls: Better internal audit 'vital' for City’s risk management

8y Stephanie Wix , Writer

Ed Balls: Better internal audit 'vital' for City’s...

An improved internal audit code is "vital' to developing the City's risk management, former shadow chancellor Ed Balls has said Read More...

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Tough risk assurance systems still lacking, says IIA report
Accounting Standards

Tough risk assurance systems still lacking, says IIA report

9y Chris Warmoll , Writer

Tough risk assurance systems still lacking, says I...

Boards will not get an adequate overview of the effectiveness of risk management processes as a result, the institute stresses Read More...

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IIA urges greater assurance on reporting environmental and social impacts
Accounting Standards

IIA urges greater assurance on reporting environmental and social impacts

9y Chris Warmoll , Writer

IIA urges greater assurance on reporting environme...

A 2017 deadline for large companies to publish a wide range of non-financial information has increased its relevance to boards, IIA says Read More...

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Public sector 'lacks effective risk management mechanisms'
Audit

Public sector 'lacks effective risk management mechanisms'

10y Cameron Roberts

Public sector 'lacks effective risk management mec...

Risk management is either nascent or underdeveloped in a large portion of public sector organisations, report finds Read More...

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Internal auditors banned from engagement teams
Audit

Internal auditors banned from engagement teams

11y Richard Crump , Writer

Internal auditors banned from engagement teams

FRC bans auditors from using internal audit staff on engagement teams; IIA recommends scope of internal audit should be unlimited Read More...

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Former UK ambassador joins internal auditor group
People In Practice

Former UK ambassador joins internal auditor group

12y Beth Abel , Reporter

Former UK ambassador joins internal auditor group

David Lyscom joins the Chartered Institute of Internal Auditors Read More...

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Regulators “up the ante” on internal audit in banks
Audit

Regulators “up the ante” on internal audit in banks

12y Richard Crump , Writer

Regulators “up the ante” on internal audit in bank...

Basel Committee on Banking Supervision publish rules that will force banks to listen to their internal auditors Read More...

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Risk management 'needs better board oversight'
Accounting Standards

Risk management 'needs better board oversight'

12y Rose Orlik

Risk management 'needs better board oversight'

Better board oversight is essential for effective risk management, according to internal audit experts Read More...

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