Future of Financial Reporting Council up for debate
Regulatory Bodies

Future of Financial Reporting Council up for debate

16y Rose Orlik

Future of Financial Reporting Council up for debat...

The FRC board is to look at communications efficacy among its operating bodies in an internal investigation focusing on the regulator's future Read Mo...

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Future of Financial Reporting Council up for debate
Regulatory Bodies

Future of Financial Reporting Council up for debate

16y Rose Orlik

Future of Financial Reporting Council up for debat...

The FRC board is to look at to the efficacy of communication between its operating bodies, in an internal investigation focusing on the regulator's fu...

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Can advisers fill the business support hole?
Accounting Firms

Can advisers fill the business support hole?

16y Kevin Reed , Writer

Can advisers fill the business support hole?

Regional business support is difficult for advisers to achieve on their own Read More...

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Auditors 'could have missed fraud' at Lloyds and RBS
Audit

Auditors 'could have missed fraud' at Lloyds and RBS

16y Rose Orlik

Auditors 'could have missed fraud' at Lloyds and R...

Auditors and regulators were attacked in a House of Commons report, which found RBS and Lloyds assets during the crisis were a mystery even to the ban...

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Legal professional privilege battle goes to Supreme Court
Accounting Standards

Legal professional privilege battle goes to Supreme Court

16y Kevin Reed , Writer

Legal professional privilege battle goes to Suprem...

Advisers' fight for LPP continues in the courts Read More...

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New ICAS head fresh from BBC
Regulatory Bodies

New ICAS head fresh from BBC

16y Rose Orlik

New ICAS head fresh from BBC

The new executive director of ICAS is Atholl Duncan, former head of news at BBC Scotland Read More...

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Insolvency Service practitioners receive the most complaints
Business Recovery

Insolvency Service practitioners receive the most complaints

16y Rachael Singh

Insolvency Service practitioners receive the most ...

Complaints fall for the insolvency industry, but numbers for practitioners licensed by the Insolvency Service are higher than the rest Read More...

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PwC India fined for audit debacle
Audit

PwC India fined for audit debacle

16y Rose Orlik

PwC India fined for audit debacle

PwC's Indian subsidiaries have been heavily fined for missing accounting manipulation on the part of IT service provider Satyam Read More...

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ICAEW pushes regional expansion in China
Practice Regulation

ICAEW pushes regional expansion in China

16y Rose Orlik

ICAEW pushes regional expansion in China

The ICAEW has opened a Beijing office in a bid to increase its reach in mainland China and Hong Kong Read More...

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Too many accounting bodies, bemoan Lords
Audit

Too many accounting bodies, bemoan Lords

16y Kevin Reed , Writer

Too many accounting bodies, bemoan Lords

Audit and accounting professional bodies have been criticised in the Lords inquiry for over-complicating regulation Read More...

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Prosecutors halt Anglo Irish accountant's disciplinary
Accounting Standards

Prosecutors halt Anglo Irish accountant's disciplinary

16y Accountancy Age

Prosecutors halt Anglo Irish accountant's discipli...

Accountancy tribunal of former Anglo Irish chairman halted by the public prosecutor over fears it would prejudice potential future criminal trials Rea...

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Dame Leslie scolded for thinking
Corporate Tax

Dame Leslie scolded for thinking

16y Taking Stock

Dame Leslie scolded for thinking

LIKE A NAUGHTY SCHOOLKID, the taxman appeared before the Treasury select committee. Chairman Mike Clasper knew his role well, taking heed of headmaste...

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Former PwC audit partner joins AADB
Audit

Former PwC audit partner joins AADB

16y Rose Orlik

Former PwC audit partner joins AADB

Philip Taylor joins the Accountancy and Actuarial Discipline Board Read More...

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Auditors reject lack of scepticism concerns
Accounting Firms

Auditors reject lack of scepticism concerns

16y Kevin Reed , Writer

Auditors reject lack of scepticism concerns

Firms hit back at suggestions that more scepticism is needed in their work Read More...

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Regulator launches 'going concern' review
Regulatory Bodies

Regulator launches 'going concern' review

16y Gavin Hinks

Regulator launches 'going concern' review

FRC reveals going concern remains a 'critical' issue even as the economy stabilises Read More...

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Cross-border insolvency confusion must end
Business Recovery

Cross-border insolvency confusion must end

16y Rachael Singh

Cross-border insolvency confusion must end

Clearer guidelines needed to help define the country in which a practitoner will manage an insolvent company Read More...

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Red tape burden causing businesses to breach regulations
Business Regulation

Red tape burden causing businesses to breach regulations

16y Paul Grant

Red tape burden causing businesses to breach regul...

Sheer scale of regulations faced by businesses mean they often are unsure which rules apply to them, says NAO Read More...

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UK audits must cover UK non-financial info
Audit

UK audits must cover UK non-financial info

16y Kevin Reed , Writer

UK audits must cover UK non-financial info

Description of UK audit scope expanded to cover non-financial information within annual reports Read More...

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HMRC cuts wasting advisers' and clients' valuable time
Accounting Standards

HMRC cuts wasting advisers' and clients' valuable time

16y Jaimie Kaffash

HMRC cuts wasting advisers' and clients' valuable ...

Treasury Select Committee told that HMRC staff cuts leave simple enquiries taking "months" to clear up Read More...

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Watchdog chief insists on 'absolute' confidence in discplinary staff
Regulatory Bodies

Watchdog chief insists on 'absolute' confidence in discplinary staff

16y Gavin Hinks

Watchdog chief insists on 'absolute' confidence in...

FRC CEO Stephen Haddrill says he has absolute confidence in disciplinary body staff as it faces huge caseload Read More...

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Boards failing to reveal 'risks and uncertainties'
Regulatory Bodies

Boards failing to reveal 'risks and uncertainties'

16y Gavin Hinks

Boards failing to reveal 'risks and uncertainties'

Watchdog warns that many board members need to do more to report the risks and uncertainties facing their companies Read More...

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Minister has "serious concerns" over Big Four's audit dominance
Audit

Minister has "serious concerns" over Big Four's audit dominance

16y Nick Huber

Minister has "serious concerns" over Big Four's au...

Ed Davey says government regulation of audit market is not preferred option and urges big companies to consider using mid-tier accounting firms Read M...

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FRC and FSA to share audit information
Audit

FRC and FSA to share audit information

16y Paul Grant

FRC and FSA to share audit information

The Financial Services Authority and the Financial Reporting Council to exchange information in an attempt to improve the oversight of bank audits Rea...

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Top six firms welcome US and UK audit co-operation
Audit

Top six firms welcome US and UK audit co-operation

16y Kevin Reed , Writer

Top six firms welcome US and UK audit co-operation

The biggest global firms issue joint statement saying co-operation between the US and UK audit regulators will benefit the profession and global marke...

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FRC beefs up audit committee powers
Regulatory Bodies

FRC beefs up audit committee powers

16y Mario Christodoulou

FRC beefs up audit committee powers

Proposals will offer audit committees greater scope to detail how they have kept management honest Read More...

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FRC makes Glen Moreno deputy chairman
Regulatory Bodies

FRC makes Glen Moreno deputy chairman

16y Paul Grant

FRC makes Glen Moreno deputy chairman

The chairman of international media group Pearson, Glen Moreno, has been revealed as the deputy chairman of the UK’s financial watchdog Read More...

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Regulators failed to watch over Big Four during crisis, say Lords
Audit

Regulators failed to watch over Big Four during crisis, say Lords

16y Mario Christodoulou

Regulators failed to watch over Big Four during cr...

Lord Lawson puts the boot into the FRC and FSA over their failure to communicate adequately with the Big Four Read More...

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