Baker Tilly criticised for lack of professional scepticism
Accounting Firms

Baker Tilly criticised for lack of professional scepticism

14y Richard Crump , Writer

Baker Tilly criticised for lack of professional sc...

Issues in the sufficiency or quality of audit evidence were identified in key areas on five audits reviewed by the AIU Read More...

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ICAEW warns against prohibiting the use of fair value
Accounting Standards

ICAEW warns against prohibiting the use of fair value

14y Richard Crump , Writer

ICAEW warns against prohibiting the use of fair va...

Prohibiting the use of fair value would cause many derivative financial instruments to be taken off the balance sheet Read More...

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IASB proposes 11 amendments to IFRS
Accounting Standards

IASB proposes 11 amendments to IFRS

14y Richard Crump , Writer

IASB proposes 11 amendments to IFRS

Amendments include changes to the IFRS 13 fair value measurement Read More...

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Quality the casualty in "brutal" audit price war
Audit

Quality the casualty in "brutal" audit price war

14y Richard Crump , Writer

Quality the casualty in "brutal" audit price war

Savage price competition is turning audit into a commoditised product where price, and not quality, is the order of the day Read More...

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British Land changes quarterly reporting format
Corporate Governance

British Land changes quarterly reporting format

14y Richard Crump , Writer

British Land changes quarterly reporting format

British Land will publish interim management statements for the first and third quarters of the year Read More...

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Best Practice: Reeves’ Clive Stevens
Accounting Firms

Best Practice: Reeves’ Clive Stevens

14y Richard Crump , Writer

Best Practice: Reeves’ Clive Stevens

The integration of FW Stephens now complete, Reeves is winning more international business and is starting to expand its technical and industry capabi...

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KPMG replaces Deloitte as investment fund's auditors
Accounting Firms

KPMG replaces Deloitte as investment fund's auditors

14y Richard Crump , Writer

KPMG replaces Deloitte as investment fund's audito...

The change took place in October last year, but was not previously notified due to an administrative oversight Read More...

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KPMG faces FRC investigation over HBOS work
Audit

KPMG faces FRC investigation over HBOS work

14y Richard Crump , Writer

KPMG faces FRC investigation over HBOS work

HBOS whistleblower and a former KPMG partner, Paul Moore, have formally referred KPMG to the FRC Read More...

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Alliance Boots chief takes swipe at UK tax regime
Corporate Tax

Alliance Boots chief takes swipe at UK tax regime

14y Richard Crump , Writer

Alliance Boots chief takes swipe at UK tax regime

Stefano Pessina says that tax atmosphere is not consistent with what the government is trying to do Read More...

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FRAB announces structural changes
Accounting Standards

FRAB announces structural changes

14y Richard Crump , Writer

FRAB announces structural changes

FRAB is making changes relating to its future role, structure and operational arrangements Read More...

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Pirc wants KPMG ousted as Standard Chartered auditor
Audit

Pirc wants KPMG ousted as Standard Chartered auditor

14y Richard Crump , Writer

Pirc wants KPMG ousted as Standard Chartered audit...

Pirc is urging investors to vote against the bank's annual report; auditors and audit committee chair Read More...

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FRC hedges bets over audit governance
Accounting Standards

FRC hedges bets over audit governance

14y Richard Crump , Writer

FRC hedges bets over audit governance

FRC governance proposals will restore faith in reporting process, while audit tendering rules signal a split from EC stance Read More...

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E&Y economic advisor heaps scorn on recession figures
Accounting Firms

E&Y economic advisor heaps scorn on recession figures

14y Richard Crump , Writer

E&Y economic advisor heaps scorn on recession figu...

An economic advisor at Ernst & Young's ITEM Club has reacted with "disbelief" to figures from the ONS Read More...

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Senior tax lawyer heads to KPMG’s US tax practice
People In Practice

Senior tax lawyer heads to KPMG’s US tax practice

14y Richard Crump , Writer

Senior tax lawyer heads to KPMG’s US tax practice

Fred Gander, a respected tax lawyer at Dewey & LeBoeuf, is joining KPMG's US arm to head its US tax practice for Europe and the Middle East Read ...

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World is waiting as US dithers over IFRS
Accounting Standards

World is waiting as US dithers over IFRS

14y Richard Crump , Writer

World is waiting as US dithers over IFRS

Sir David Tweedie warns that US elections could put convergence back ten years Read More...

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Judge strikes out claim against KPMG
Accounting Firms

Judge strikes out claim against KPMG

14y Richard Crump , Writer

Judge strikes out claim against KPMG

Judge rejects claims Ian Denzil Pennington, a director for Conwy County Council's auditors KPMG, acted unlawfully Read More...

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AADB sanctions will prompt wistful thinking
Accounting Standards

AADB sanctions will prompt wistful thinking

14y Richard Crump , Writer

AADB sanctions will prompt wistful thinking

The Big Four may look back wistfully at the days when a record fine could be represented by the paltry sum of £1.4m Read More...

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IASB and FASB offer clarification around expected loss attributes
Accounting Standards

IASB and FASB offer clarification around expected loss attributes

14y Richard Crump , Writer

IASB and FASB offer clarification around expected ...

The boards also clarified the so called ‘three bucket' approach, designed to help banks make responsible provisions Read More...

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Grant Thornton UK CEO wins second term
People In Practice

Grant Thornton UK CEO wins second term

14y Richard Crump , Writer

Grant Thornton UK CEO wins second term

Scott Barnes is targeting revenue of £500m by 2015, through the organic growth and the acquisition of specialist businesses Read More...

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ICAS warns of company car stealth tax
Accounting Standards

ICAS warns of company car stealth tax

14y Richard Crump , Writer

ICAS warns of company car stealth tax

A form of stealth taxation could emerge as cars depreciate more than capital allowances given for tax purposes Read More...

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GT picks up BDO’s 'risky' Australian practices
Company News

GT picks up BDO’s 'risky' Australian practices

14y Richard Crump , Writer

GT picks up BDO’s 'risky' Australian practices

The Victoria and New South Wales practices were expelled from BDO International because of ‘unreasonable risks' Read More...

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PwC to face AADB inquiry into Tenon audit
Audit

PwC to face AADB inquiry into Tenon audit

14y Richard Crump , Writer

PwC to face AADB inquiry into Tenon audit

The accountancy watchdog is expected to launch a full inquiry in a matter of weeks Read More...

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Problems with IAS 39 flare up again
Accounting Standards

Problems with IAS 39 flare up again

14y Richard Crump , Writer

Problems with IAS 39 flare up again

Pirc claims that auditors are forcing boards to comply with IFRS rather than the law. Surely auditors would be mad to go against current standards? Re...

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Editorial: Osborne's synthetic shock
Personal Tax

Editorial: Osborne's synthetic shock

14y Richard Crump , Writer

Editorial: Osborne's synthetic shock

If Osborne manages to plug one hole, accountants will be ingenious enough to find another one Read More...

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GAAR could be applied to wealthy tax avoiders
Personal Tax

GAAR could be applied to wealthy tax avoiders

14y Richard Crump , Writer

GAAR could be applied to wealthy tax avoiders

A general anti-avoidance rule could be applied to tax loopholes that shocked the chancellor Read More...

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PwC: IPO market showing signs of recovery
Accounting Firms

PwC: IPO market showing signs of recovery

14y Richard Crump , Writer

PwC: IPO market showing signs of recovery

IPOs becoming more attractive, while companies who shelved floats planning a comeback Read More...

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Investor hits out over Indian tax reforms
Corporate Tax

Investor hits out over Indian tax reforms

14y Richard Crump , Writer

Investor hits out over Indian tax reforms

An Indian banker has criticised plans to hit foreign companies with retrospective taxes Read More...

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