Bishop Fleming, a leading UK-based audit, accountancy, tax, and advisory firm, has announced a significant round of promotions across its operations i...
View articleEY has launched the next phase of its US$1 billion technology investment, introducing AI-powered capabilities to its global Assurance platform. This m...
View articleForvis Mazars has posted its fifteenth consecutive year of growth in the UK, reporting revenue of £362.4m for the year ending 31 August 2024—a rise of...
View articleThe Financial Reporting Council (FRC) has fined PwC £2.9 million and issued a severe reprimand over “serious failings” in its 2019 audit of Wyelands B...
View articleAuditBoard has expanded its strategic alliance with EY, introducing a Centre of Excellence in the UK to support organisations as they modernise risk m...
View articleAccountancy bodies urge IPSASB to expand scope of public sector climate reporting Read More...
View articleThe UK’s Financial Reporting Council (FRC) has launched an investigation into accountancy firm MHA over its audit of failed construction giant ISG, ad...
View articleAs UK audit firms reshuffle their client portfolios, the latest Corporate Advisers Rankings Guide (CARG) for Q1 2025 highlights shifting competitive d...
View articleThe global accountancy body has thrown its support behind the UK government’s proposed overhaul of local authority audits but warns that the reforms l...
View articleWith BDO’s long-standing dominance under threat, is 2025 the year a new leader emerges in AIM auditing? Read More...
View articleEY’s Marc Jeschonneck and Paul Goodhew reveal how generative AI and innovation are reshaping the future of auditing. Read More...
View articleOver the past five years, accounting firms have faced penalties exceeding $100 million globally for lapses tied to ethical breaches, according to a re...
View articleAs 2025 dawns, accountants find themselves at the heart of an economy still navigating the aftershocks of a global pandemic, seismic political shifts,...
View articleThe Financial Reporting Council (FRC) has released initial findings from its ongoing examination of the NHS audit market, revealing significant obstac...
View articleA major disconnect between artificial intelligence (AI) understanding and risk assessment has been unveiled in a comprehensive new report examining th...
View articleIn a significant reversal, the Second U.S. Circuit Court of Appeals has revived a lawsuit from investors alleging that BDO USA provided substandard au...
View articleIt’s impossible for any team in any industry to be 100% efficient—after all, we’re people not robots. But glaring inefficiencies in your accounting pr...
View articleCooper Parry, the auditors for online e-tailer I Saw It First, were unable to verify nearly £7 million in wages and salary payments Read More...
View articleAs the regulation of audit firms increases, audits are costing more and taking longer for both auditors and management teams to deliver. Whilst we awa...
View articleThe Institute of Chartered Accountants in England and Wales (ICAEW) has released its comprehensive audit monitoring report for 2023/24, revealing sign...
View articleThomson Reuters has unveiled its new Audit Intelligence suite today (September 12). Announced from their Toronto headquarters, this new suite of AI-p...
View articleThe UK government has tabled new legislation in Parliament on September 9, 2024. The Accounts and Audit (Amendment) Regulations 2024, set to come into...
View articleNew PCAOB rules aim to enhance accountability Read More...
View articleThe recent £15 million fine imposed by the Financial Conduct Authority (FCA) on PricewaterhouseCoopers LLP (PwC) marks a significant milestone in the ...
View articleEarlier this month, Mobius Investment Trust decided to part ways with PricewaterhouseCoopers LLP (PwC), its long-standing auditor, in favour of Johnst...
View articleTo the delight of many in mid-tier accounting circles, we are now beginning to see significant, wide-ranging steps being taken to reform audit practic...
View articleAs the October 28 deadline approaches, accounting firms across the UK are being urged to contribute to a critical consultation that could reshape how ...
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