Audit reforms must not descend into ‘checklist’ exercise
Audit

Audit reforms must not descend into ‘checklist’ exercise

5y Tom Lemmon

Audit reforms must not descend into ‘checklist’ ex...

Government must be wary of following Sarbanes-Oxley pitfalls, says Engine B’s head of audit Read More...

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Mazars global head: Audit reforms having little impact
Accounting Firms

Mazars global head: Audit reforms having little impact

5y Tom Lemmon

Mazars global head: Audit reforms having little im...

Auditors outside of the Big Four yet to step into FTSE 100 market Read More...

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Autonomy auditors criticised in FRC investigation
Audit

Autonomy auditors criticised in FRC investigation

6y Aoife Morgan

Autonomy auditors criticised in FRC investigation

Former Deloitte partners failed to act with “professional scepticism” Read More...

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Video: Tech no ‘silver bullet’ for audit
Audit

Video: Tech no ‘silver bullet’ for audit

6y Tom Lemmon

Video: Tech no ‘silver bullet’ for audit

Audit technology will be a valuable tool but can’t singlehandedly prevent further scandals Read More...

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Q+A: Deloitte’s UK managing partner for audit & assurance
Audit

Q+A: Deloitte’s UK managing partner for audit & assurance

6y Aoife Morgan

Q+A: Deloitte’s UK managing partner for audit & as...

We spoke with Deloitte’s newest UK managing partner Paul Stephenson on the pandemic and what to expect in the new year Read More...

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Report: Auditors brace for “imminent” proposals
Audit

Report: Auditors brace for “imminent” proposals

6y Tom Lemmon

Report: Auditors brace for “imminent” proposals

BEIS’s initial recommendations and consultations on audit reform expected to be made public before Christmas with full implementation in 2023 Read Mor...

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Pandemic accelerates need for audit reform
Audit

Pandemic accelerates need for audit reform

6y Leanna Reeves

Pandemic accelerates need for audit reform

CIIA says crisis stressed need for reform, but auditor warns timing could be wrong Read More...

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Industry divided over SEC auditor independence reforms
Audit

Industry divided over SEC auditor independence reforms

6y Tom Lemmon

Industry divided over SEC auditor independence ref...

The US Securities and Exchange Commission (SEC)’s reforms to the Auditor Independence Framework have exposed deep divisions in the sector over where t...

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Buying guide: innovation safeguards the auditing industry against coronavirus
Audit

Buying guide: innovation safeguards the auditing industry against coronavir...

6y Aaran Fronda

Buying guide: innovation safeguards the auditing i...

Increasingly firms are leveraging both in-house and external auditing solutions, but implementation risks remain Read More...

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Auditors must “stop pretending” it’s not their job to catch fraud
Audit

Auditors must “stop pretending” it’s not their job to catch fraud

6y Tom Lemmon

Auditors must “stop pretending” it’s not their job...

President and founder of audit tech company Confirmation calls on auditors to get serious about catching fraud Read More...

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Q&A: G&E's new audit head on moving in a pandemic and the future of audit
Audit

Q&A: G&E's new audit head on moving in a pandemic and the future of audit

6y Jeremy Chan

Q&A: G&E's new audit head on moving in a pandemic ...

Moving from the Big Four to a regional firm, Daisy Marsden is taking her audit expertise to Garbutt & Elliott Read More...

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Q&A: Deloitte’s deputy CEO and managing partner audit & assurance
Audit

Q&A: Deloitte’s deputy CEO and managing partner audit & assurance

6y Michael McCaw

Q&A: Deloitte’s deputy CEO and managing partner au...

The perception of audit has changed – and with it the market Read More...

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BEIS committee MP calls for patience over audit reform
Audit

BEIS committee MP calls for patience over audit reform

6y Tom Lemmon

BEIS committee MP calls for patience over audit re...

Conservative MP “wouldn’t read into” failure of government to bring legislation forward since the Brydon report was published Read More...

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FRC urges government to implement audit reform
Audit

FRC urges government to implement audit reform

6y Tom Lemmon

FRC urges government to implement audit reform

Principles for operational separation of audit were released yesterday by the FRC, but new legislation is needed for next steps Read More...

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Audit shake-up a good 'first step'
Audit

Audit shake-up a good 'first step'

6y Tom Lemmon

Audit shake-up a good 'first step'

FRC has announced plans for the ‘operational separation’ of audit practices Read More...

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Audit Q&A: You cannot serve two masters
Accounting Standards

Audit Q&A: You cannot serve two masters

6y Shannon Moyer

Audit Q&A: You cannot serve two masters

We sat down with Remko Renes, an assistant professor of corporate governance at Nyenrode Business University, to discuss the future of audit in the UK...

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EY’s Wirecard audit exposes potential fraud
Audit

EY’s Wirecard audit exposes potential fraud

6y Shannon Moyer

EY’s Wirecard audit exposes potential fraud

After a series of audits by EY and a special audit by KPMG, nearly €1.9bn remains unaccounted for Read More...

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Over a third of public bodies expect formal disputes with the private sector when PFI contracts end
Audit

Over a third of public bodies expect formal disputes with the private secto...

6y Simon Reason

Over a third of public bodies expect formal disput...

By Simon Reason, director of the treasury, National Audit Office Read More...

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Wirecard audit procedures yet to be completed
Audit

Wirecard audit procedures yet to be completed

6y Shannon Moyer

Wirecard audit procedures yet to be completed

EY audit of the financial services provider has been repeatedly deferred Read More...

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KPMG, PwC's Eddie Stobart audits under FRC investigation
Audit

KPMG, PwC's Eddie Stobart audits under FRC investigation

6y Shannon Moyer

KPMG, PwC's Eddie Stobart audits under FRC investi...

Audits for Eddie Stobart’s 2017 and 2018 accounts found errors dating back several years Read More...

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FRC fines KPMG £700,000 for poor audit
Audit

FRC fines KPMG £700,000 for poor audit

6y Tom Lemmon

FRC fines KPMG £700,000 for poor audit

The FRC has fined KPMG UK £700,000 and reprimanded KPMG UK’s former senior partner for Manchester, Nicola Quayle for a “failure to apply sufficient pr...

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Covid-19: Auditors need clarity before acting
Audit

Covid-19: Auditors need clarity before acting

6y Tom Lemmon

Covid-19: Auditors need clarity before acting

Auditors call for clarity and calmness to help assist clients, while technology is making remote working easier Read More...

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Winwood: Analytics crucial to future of audit
Audit

Winwood: Analytics crucial to future of audit

6y Chris Jewers

Winwood: Analytics crucial to future of audit

Paul Winwood, head of audit at BHP says the ability to drill into numbers in an intelligent manner will shape the future of the industry Read More...

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Humphrey: Audit needs a dynamic repair
Audit

Humphrey: Audit needs a dynamic repair

6y Tom Lemmon

Humphrey: Audit needs a dynamic repair

Manchester University’s Professor of accounting, Christopher Humphrey talks to Accountancy Age about the future of audit Read More...

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Exclusive: Interview with Sir Donald Brydon – “That can’t happen again” - Part 2
Audit

Exclusive: Interview with Sir Donald Brydon – “That can’t happen again” - P...

6y Chris Jewers

Exclusive: Interview with Sir Donald Brydon – “Tha...

In the second part of Accountancy Age’s exclusive interview with Sir Donald Brydon, we hear how the same concerns with audit expressed in 1992 have no...

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Exclusive: Interview with Sir Donald Brydon – "Last chance saloon" for audit
Accounting Firms

Exclusive: Interview with Sir Donald Brydon – "Last chance saloon" for audi...

6y Chris Jewers

Exclusive: Interview with Sir Donald Brydon – "Las...

Speaking exclusively to Accountancy Age in the first of a two-part series, Sir Donald Brydon - author of the report into the effectiveness and quality...

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Audit industry stalemate shows signs of shifting
Audit

Audit industry stalemate shows signs of shifting

6y Chris Jewers

Audit industry stalemate shows signs of shifting

Signs that the UK’s audit industry would reform had slowed in the New Year, but with Brexit almost over the line and an impending cabinet reshuffle, w...

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