Membership of the accountancy profession on the rise
Between the years 2012-2016, membership of UK & Ireland accounting bodies grew by 3.2% worldwide and 2.4% in the UK & Ireland, according to the Financial Reporting Council
FRC
FRC launches investigation into PwC over BT audits
The investigation relates to PwC’s audits of the financial statements of BT Group between the years March 2015 and 2017
Which top firms need to improve audit practice?
The FRC has conducted research into the audit quality of the top six firms, with PwC coming out on top
FRC closes investigation into PwC over Tesco accounts
The Financial Reporting Council has announced the closure of an investigation into PwC’s auditing and accounting of Tesco
Ex-RSM Tenon CEO fined; ex-FD and PwC face complaints over its accounting
Former RSM Tenon CEO Andy Raynor fined and reprimanded over its accounting, with both its former FD and auditor PwC facing complaints from the FRC
Sports Direct implements FRC corrections in annual reporting
Corrective action has been taken by Sports Direct into its international stores reporting, following a review by accounting's watchdog
CIIA appoints ex-FRC chief Paul Boyle as president
Paul Boyle is appointed as the president of the Chartered Institute of Internal Auditors
FRC appoints former ICAEW president to its board
Paul Druckman has been appointed to the board of the Financial Reporting Council (FRC)
Watchdog launches audit investigation into Sports Direct
FRC investigates why an arrangement between Sports Direct and Barlin Delivery was not disclosed in the company’s financial statements as a related party
Record fine for Deloitte and audit partner over Aero misconduct
Deloitte has been fined a record £4m and its partner John Clennett fined £150,000 for misconduct regarding Aero Inventory
