Deloitte pursues KPMG over audit of Goals Soccer Centres
Audit

Deloitte pursues KPMG over audit of Goals Soccer Centres

7y Chris Jewers

Deloitte pursues KPMG over audit of Goals Soccer C...

Investigations into accounting fraud at Goals has involved HMRC, the FCA, BDO, RSM, Deloitte and could see KPMG on the wrong end of legal action, acco...

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Managing risk, preserving reputation
Audit

Managing risk, preserving reputation

7y Steve Harper

Managing risk, preserving reputation

Auditors can provide invaluable support for charities’ managers and trustees who are under increased scrutiny in very tough times, says Steve Harper, ...

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Brydon and the audit gap: Expectations, definitions and fraud
Accounting Standards

Brydon and the audit gap: Expectations, definitions and fraud

7y Chris Jewers

Brydon and the audit gap: Expectations, definition...

Sir Donald Brydon’s report into the quality and effectiveness of audit was published at the end of 2019, and in it, Brydon tackles the issues of the a...

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Accounting fraud in the UK: How recent scandals are impacting practices
Audit

Accounting fraud in the UK: How recent scandals are impacting practices

7y Victoria Pavlova

Accounting fraud in the UK: How recent scandals ar...

UK accounting industry under scrutiny after recent fraud scandals at Patisserie Valerie and Carillion Read More...

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‘Status, scope and skills of internal audit’ must be increased says Chartered IIA
Audit

‘Status, scope and skills of internal audit’ must be increased says Charter...

7y Paul Hanaphy

‘Status, scope and skills of internal audit’ must ...

Major accountancy bodies support new code after string of audit-related business collapses in recent years. Read More...

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What is ARGA? Brydon makes recommendations for stronger audit regulator
Accounting Firms

What is ARGA? Brydon makes recommendations for stronger audit regulator

7y Chris Jewers

What is ARGA? Brydon makes recommendations for str...

One day after the release of the Brydon report on 18 December, The Queen’s Speech referenced the government’s proposal to create a stronger regulator ...

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Brydon Report: Industry reacts to findings and audit recommendations
Accounting Firms

Brydon Report: Industry reacts to findings and audit recommendations

7y Chris Jewers

Brydon Report: Industry reacts to findings and aud...

Following the release of the Brydon report, in which Sir Donald Brydon has made 64 recommendations on how to improve the troubled UK audit industry, A...

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Brydon review calls for ‘urgent reform’
Accounting Standards

Brydon review calls for ‘urgent reform’

7y Chris Jewers

Brydon review calls for ‘urgent reform’

The long wait for the Brydon report is over, and in it Sir Donald Brydon makes a series of recommendations including the break-up of the auditing indu...

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FRC revises standards in bid to strengthen audit confidence
Accounting Standards

FRC revises standards in bid to strengthen audit confidence

7y Chris Jewers

FRC revises standards in bid to strengthen audit c...

The FRC has issued revised ethical and auditing standards in an effort to strengthen auditor independence and ban conflicts of interest. Read More...

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KPMG announces drop in profits, but shows signs of positive audit investments
Audit

KPMG announces drop in profits, but shows signs of positive audit investmen...

7y Chris Jewers

KPMG announces drop in profits, but shows signs of...

The Big Four firm has announced a drop in profits amid rumours that as many as 65 partners could quite the firm. Read More...

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Election & audit reform – party stances
Audit

Election & audit reform – party stances

7y Chris Jewers

Election & audit reform – party stances

A decision on audit reform is currently being held up by the UK’s general election. Could the future of audit reform be very different depending on th...

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Video: Trust in audit and technology – an Accountancy Age panel debate
Accounting Firms

Video: Trust in audit and technology – an Accountancy Age panel debate

7y Leanna Reeves

Video: Trust in audit and technology – an Accounta...

Accountancy Age’s first filmed panel debate offers a discussion around the issue of trust in audit – a profession which encounters both a growing use ...

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What is the cost to do an audit? And how much time does it take to complete an audit?
Audit

What is the cost to do an audit? And how much time does it take to complete...

7y Jay Ashar

What is the cost to do an audit? And how much time...

We attempt to find out how much an audit costs, how long it takes and steps in completing an annual audit by understanding the UK audit market. Read M...

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Can technology solve the audit crisis? Key takeaways from our latest podcast
Audit

Can technology solve the audit crisis? Key takeaways from our latest podcas...

7y Tom Lemmon

Can technology solve the audit crisis? Key takeawa...

Read the key points from our latest thought-provoking podcast with Deloitte’s Katie Canell and Simon Cleveland. Read More...

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“Serious questions” over government’s commitment to audit reform
Audit

“Serious questions” over government’s commitment to audit reform

7y Tom Lemmon

“Serious questions” over government’s commitment t...

Chief Executive of the CIIA, Dr Ian Peters MBE, has urged the government to pass the necessary legislation on audit reform, but hope of action is fadi...

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Deloitte report shows companies putting 'success factors' ahead of profit
Audit

Deloitte report shows companies putting 'success factors' ahead of profit

7y Leanna Reeves

Deloitte report shows companies putting 'success f...

Based on reports from 100 UK companies, Deloitte's new report assesses the 'success factors' of businesses- revealing how financial drivers are no lon...

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Podcast: Inside Accountancy Episode 5 – Can technology solve the audit crisis?
Audit

Podcast: Inside Accountancy Episode 5 – Can technology solve the audit cris...

7y Accountancy Age

Podcast: Inside Accountancy Episode 5 – Can techno...

In the latest podcast we talk to Katie Canell and Simon Cleveland from Deloitte about whether technology can solve the audit crisis and what role huma...

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The social Impact of losing trust in audit
Audit

The social Impact of losing trust in audit

7y Chris Jewers

The social Impact of losing trust in audit

The implications of the public losing trust in audit extends further than the audit industry, to society as a whole. Read More...

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Can mid-tier firms restore trust in audit?
Audit

Can mid-tier firms restore trust in audit?

7y Chris Jewers

Can mid-tier firms restore trust in audit?

A study has found the public is lacking trust in audit, but as mid-tier firms look to expand their audit businesses to work with more FTSE350 companie...

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Sports Direct appoints RSM as new auditor
Audit

Sports Direct appoints RSM as new auditor

7y Leanna Reeves

Sports Direct appoints RSM as new auditor

Following Grant Thornton’s resignation in August, Sports Direct has assigned RSM as its new auditor, a decision which comes after the big four refused...

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Can blockchain restore trust to the fund management and audit industries?
Audit

Can blockchain restore trust to the fund management and audit industries?

7y Tom Lemmon

Can blockchain restore trust to the fund managemen...

Nish Kotecha, Chairman of Finboot, and Bryan Foss, Visiting Professor at Bristol Business School argue that blockchain could provide a solution to the...

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Accountancy profession in MP's crosshairs during Thomas Cook inquiry
Accounting Firms

Accountancy profession in MP's crosshairs during Thomas Cook inquiry

7y Chris Jewers

Accountancy profession in MP's crosshairs during T...

The Accountancy industry has come under fire from MPs during the parliamentary inquiry into the collapse of Thomas Cook, with representatives from PwC...

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Toppled from the top – The risk of fraud
Audit

Toppled from the top – The risk of fraud

7y Roger Isaacs

Toppled from the top – The risk of fraud

Roger Isaacs - Forensic Partner at Milsted Langdon - talks about the Patisserie Valerie collapse and what its impact has been and the role of forensic...

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The shifting role of tax auditors in the digital age
Audit

The shifting role of tax auditors in the digital age

7y Christiaan Van Der Valk

The shifting role of tax auditors in the digital a...

VP of Strategy at Sovos, Christiaan van der Valk, argues that the digital age is changing the role of tax auditors, not rendering them obsolete. Read ...

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Deloitte auditor accused of recklesness at FRC tribunal
Audit

Deloitte auditor accused of recklesness at FRC tribunal

7y Shannon Moyer

Deloitte auditor accused of recklesness at FRC tri...

On the first day of the long-running Financial Reporting Council's disciplinary tribunal, Deloitte's auditors have been called "reckless" and subjecti...

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The AI tool transforming Moore Kingston Smith’s audit offering (Part 2)
Audit

The AI tool transforming Moore Kingston Smith’s audit offering (Part 2)

7y Beth McLoughlin

The AI tool transforming Moore Kingston Smith’s au...

Continuing the discussion on the use of technology in the audit industry, Becky Shields compares Moore Kingston Smith's advancements to other firms. R...

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The AI tool transforming Moore Kingston Smith’s audit offering (Part 1)
Audit

The AI tool transforming Moore Kingston Smith’s audit offering (Part 1)

7y Beth McLoughlin

The AI tool transforming Moore Kingston Smith’s au...

Becky Shields, partner at Moore Kingston Smith, talks about the benefits of using technology and the future of the audit industry. Read More...

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