Audit Commission slams Stockport's IT
Audit

Audit Commission slams Stockport's IT

24y Accountancy Age

Audit Commission slams Stockport's IT

Stockport Metropolitan Borough Council's information and communication technology services have been given a roasting by the Audit Commission's best v...

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Ban looms on directors becoming auditors
Audit

Ban looms on directors becoming auditors

24y Gavin Hinks

Ban looms on directors becoming auditors

Auditors may be banned from becoming directors of former client companies under tough new regulatory proposals being studied in Whitehall following th...

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Andersen dealt Delta blow
Audit

Andersen dealt Delta blow

24y Alex Miller.

Andersen dealt Delta blow

Underfire Andersen has been dealt another severe audit defection blow after the third largest airline in the US, Delta, dumped the firm after more tha...

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The Debate: Dangers of snapshot accounting
Audit

The Debate: Dangers of snapshot accounting

24y Accountancy Age

The Debate: Dangers of snapshot accounting

FRS 17 will force many companies to reconsider the way they provide employee pensions. Peter Thompson warns it could harm pension schemes, but Crispin...

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Profile: Allan Cook of the ASB
Audit

Profile: Allan Cook of the ASB

24y Accountancy Age

Profile: Allan Cook of the ASB

Every now and then events throw life's good guys into the eye of a storm and so it is with FRS 17 and Allan Cook. Read More...

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FEE steps up workload
Audit

FEE steps up workload

24y Michelle Perry

FEE steps up workload

FEE, the organisation for the European accountancy profession, has appointed a deputy president in response to its growing workload in the wake of Enr...

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IASB fails to name all donors
Audit

IASB fails to name all donors

24y Michelle Perry

IASB fails to name all donors

The International Accounting Standards Board will not publish a full list of the corporate donors that provided $6m (£4.2m) to the organisation last y...

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Volcker calls for increase in auditors' fees
Audit

Volcker calls for increase in auditors' fees

24y Michelle Perry

Volcker calls for increase in auditors' fees

Paul Volcker, chairman of the trustees of the International Accounting Standards Committee, said yesterday that auditors should be paid more if compan...

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FRS 17 - who's to blame?
Audit

FRS 17 - who's to blame?

24y Accountancy Age

FRS 17 - who's to blame?

In common with many accounting standards, FRS17 requires the stable door to be locked after the horse has bolted. However in this instance it is proba...

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FRS 17: A statement for the defence
Audit

FRS 17: A statement for the defence

24y Accountancy Age

FRS 17: A statement for the defence

In many years of lecturing on and writing about accounting standards I have never seen a standard face so much criticism outside of the professional p...

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CIPFA takes qualification to Uganda
Audit

CIPFA takes qualification to Uganda

24y Philip Smith.

CIPFA takes qualification to Uganda

CIPFA is taking its first tentative steps overseas in a deal that could see the institute offering its qualification to other countries. Read More...

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ICAEW names new secretary general
Audit

ICAEW names new secretary general

24y Larry Schlesinger

ICAEW names new secretary general

The institute has named Peter Owen as its new secretary general following the sudden resignation of John Collier this morning. Read More...

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NEWS FLASH: John Collier resigns from institute
Audit

NEWS FLASH: John Collier resigns from institute

24y Philip Smith.

NEWS FLASH: John Collier resigns from institute

John Collier has today resigned his post as secretary general of the ICAEW. Read More...

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Review Board examines impartiality of auditors
Audit

Review Board examines impartiality of auditors

24y Michelle Perry

Review Board examines impartiality of auditors

A close examination of audit and non-audit fees is to be made by the new accountancy regulator in a bid to see if they affect the impartiality of audi...

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US poised to endorse IASs
Audit

US poised to endorse IASs

24y Michelle Perry

US poised to endorse IASs

International accounting rules could soon receive a much sought-after boost in America as a leading US accountancy institute throws its support behind...

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'Disclose potential risks'
Audit

'Disclose potential risks'

24y Philip Smith.

'Disclose potential risks'

Companies could face demands to disclose key risks in their financial statements if proposals in the company law review are adopted in the wake of the...

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IASC under renewed attack
Audit

IASC under renewed attack

24y Michelle Perry

IASC under renewed attack

David Cairns, the former secretary general of the International Accounting Standards Committee, has criticised the global standard setter for not reta...

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IASB faces more funding controversy
Audit

IASB faces more funding controversy

24y Michelle Perry

IASB faces more funding controversy

Attempts to clarify the funding of the International Accounting Standards Board could fail tomorrow after news emerged that it might publish an incomp...

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Level of disclosure is 'inadequate'
Audit

Level of disclosure is 'inadequate'

24y Larry Schlesinger

Level of disclosure is 'inadequate'

More than two-thirds of individual shareholders feel the level of disclosure in annual reports is inadequate, according to investment advisory group P...

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Auditor rotation- new balls please
Audit

Auditor rotation- new balls please

24y Accountancy Age

Auditor rotation- new balls please

In the wake of the Enron collapse, a survey by Accountancy Age's sister title Financial Director has found the majority of British FDs back auditor ro...

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Government looks into pension rules
Audit

Government looks into pension rules

24y Michelle Perry

Government looks into pension rules

The government's work and pensions secretary has held talks with the Accounting Standards Board as unease grows over discrepancies between the UK's ne...

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Should there be more clarity in auditor reports?
Audit

Should there be more clarity in auditor reports?

24y Gavin Hinks

Should there be more clarity in auditor reports?

Calls for more clarity in annual reports are forcing auditors into a corner. Diana Hay says clarity will boost confidence, while Gavin Hinks says it's...

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Responses to the Accountancy Age manifesto
Audit

Responses to the Accountancy Age manifesto

24y Accountancy Age

Responses to the Accountancy Age manifesto

Last month we launched a ten-point plan to restore faith in the accountancy profession post-Enron. Here, we publish responses from senior figures. Rea...

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Labour MP pushes for ban on non-audit work
Audit

Labour MP pushes for ban on non-audit work

24y our parliamentary staff

Labour MP pushes for ban on non-audit work

Labour backbencher Austin Mitchell has launched his own Commons bid to outlaw auditors from carrying out accountancy consultancy work for businesses t...

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IASB forced to open its books
Audit

IASB forced to open its books

24y Michelle Perry

IASB forced to open its books

An attempt is to be made to end the running controversy over funding of the International Accounting Standards Board by publishing a list of its corpo...

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DTI must act to restore faith
Audit

DTI must act to restore faith

24y Michelle Perry

DTI must act to restore faith

The government and the financial services watchdog need to step up their efforts to crack down on companies involved in 'wrong accounting' and not rel...

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FDs push for auditor rotation
Audit

FDs push for auditor rotation

24y Damian Wild

FDs push for auditor rotation

Almost 60% of finance directors believe companies should be forced to rotate their auditors in the wake of the Enron scandal - but less than half that...

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