ICAEW: Companies House data a “gaping hole in AML defences”
Audit

ICAEW: Companies House data a “gaping hole in AML defences”

7y Dave Beach

ICAEW: Companies House data a “gaping hole in AML ...

New research quantifies the extent of Companies House inaccuracy as the ICAEW urges the Treasury and BEIS to shore up defences Read More...

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Grant Thornton to up audit quality with new appointment
Audit

Grant Thornton to up audit quality with new appointment

7y 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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Goldman Sachs chooses Mazars for audit – but does it really matter?
Audit

Goldman Sachs chooses Mazars for audit – but does it really matter?

7y Tom Lemmon

Goldman Sachs chooses Mazars for audit – but does ...

Mazars has been selected as Goldman Sachs' European auditor, but Prof. Elaine Harris questions whether that means very much will change Read More...

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Audit sector needs a bold new regulator
Audit

Audit sector needs a bold new regulator

7y Sam Walsh and Richard Khaldi

Audit sector needs a bold new regulator

Sam Walsh and Richard Khaldi, regulation and transformation experts at PA Consulting on how the new financial regulatory body can rebuild public trust...

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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?

7y 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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Will Deloitte get 5-year ban in India?
Audit

Will Deloitte get 5-year ban in India?

7y Tom Lemmon

Will Deloitte get 5-year ban in India?

Deloitte’s India arm is expected to be banned from trading for 5 years over its role in the scandal at Infrastructure Leasing and Financial Services (...

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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

7y 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

7y 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 ...

7y 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...

7y 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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Top accounting scandals in 2018
Audit

Top accounting scandals in 2018

7y 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

7y 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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Patisserie Valerie rescued in management buyout backed by Causeway Capital Partners
Audit

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

7y 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...

7y 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?

7y 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

7y 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

7y 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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Patisserie Valerie receiving multiple bids despite being shrouded in fraud
Audit

Patisserie Valerie receiving multiple bids despite being shrouded in fraud

7y Accountancy Age

Patisserie Valerie receiving multiple bids despite...

Over 920 people who were made redundant due to store closures will not be paid this month Read More...

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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

8y 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

8y 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

8y 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 ...

8y 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?

8y 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

8y 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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FRC v Sports Direct : the latest regulatory challenge on privilege
Audit

FRC v Sports Direct : the latest regulatory challenge on privilege

8y Richard Highley and Julian Bubb-Humfryes

FRC v Sports Direct : the latest regulatory challe...

The FRC has successfully persuaded a court to order an audit client, Sports Direct International Plc (SDI), to disclose privileged documents relevant ...

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Carillion collapse: CMA, audit, and construction
Audit

Carillion collapse: CMA, audit, and construction

8y Emanuela Hawker , Reporter

Carillion collapse: CMA, audit, and construction

Although the CMA report has highlighted changes that need to be made in the audit sector (as pointed out by Duff & Phelps), MHA MacIntyre Hudson has e...

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Aston Martin searches for new auditor as KPMG declines opportunity to re-pitch
Audit

Aston Martin searches for new auditor as KPMG declines opportunity to re-pi...

8y Accountancy Age

Aston Martin searches for new auditor as KPMG decl...

There's already shuffling happening in the UK audit sector following the CMA's audit review just before Christmas Read More...

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