Financial controls tightened following high-profile expense and cheque fraud cases Read More...
View articleIn a bid to future-proof the UK’s capital markets, ICAEW has outlined four principles to evolve the reporting accountant’s role, highlighting the bala...
View articleThe FRC has warned that big accountancy firms aren’t tracking how AI tools affect audit quality, raising concerns over oversight amid growing reliance...
View articleKPMG has been fined £1.25m by the Financial Reporting Council (FRC) over serious breaches of audit independence rules during its 2021 audit of farm an...
View articleThe Financial Reporting Council (FRC) has opened consultation on a proposed UK version of a new global sustainability assurance standard, aiming to gi...
View articleOver half of UK businesses expect shadow spend to grow in the next year, triggering budget overspend and missed savings Read More...
View articleThe UK accounting watchdog has identified “extremely serious” failings in EY’s audits of NMC Health, according to claims aired at the High Court this ...
View articleWhen Simon Massey became Managing Partner at Menzies three and a half years ago, he didn’t anticipate his role would involve overseeing the introducti...
View articleThe Financial Reporting Council (FRC) has fined EY nearly £5m for “serious breaches of standards” in its audits of Thomas Cook’s financial statements ...
View articleBishop 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 articleAs UK audit firms reshuffle their client portfolios, the latest Corporate Advisers Rankings Guide (CARG) for Q1 2025 highlights shifting competitive d...
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 articleThe Financial Reporting Council (FRC) has released initial findings from its ongoing examination of the NHS audit market, revealing significant obstac...
View articleExplore how accountants master the art of communicating fee changes, balancing numbers with nuanced client relationships Read More...
View articleIN JULY last year, the coalition government made it clear that to save frontline public services it would look to save billions through a more profess...
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