IFRS Foundation to cut board size and improve transparency
Accounting Standards

IFRS Foundation to cut board size and improve transparency

10y Richard Crump , Writer

IFRS Foundation to cut board size and improve tran...

IFRS Foundation says it will take steps to enhance visibility of trustee oversight of the IASB, including making meetings of the Due Process Oversight...

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FRC launches probe into Deloitte over Serco audit
Accounting Firms

FRC launches probe into Deloitte over Serco audit

10y Richard Crump , Writer

FRC launches probe into Deloitte over Serco audit

Investigation comes three years after the Serious Fraud Office started a criminal investigation into Serco over its electronic monitoring of contracts...

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European inquiry into Panama Papers receives go-ahead
Administration

European inquiry into Panama Papers receives go-ahead

10y Fraser Simpson , Reporter

European inquiry into Panama Papers receives go-ah...

The European Parliament has given the green light on an EU investigation into the Panama Papers Read More...

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FRC launches probe into KPMG Ted Baker audit
Accounting Firms

FRC launches probe into KPMG Ted Baker audit

10y Richard Crump , Writer

FRC launches probe into KPMG Ted Baker audit

FRC will investigate KPMG's consideration of and compliance with ethical standards in connection with the provision of non-audit services Read More...

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IFRS Foundation and IOSCO agree protocol on IFRS for capital markets
Regulatory Bodies

IFRS Foundation and IOSCO agree protocol on IFRS for capital markets

10y Calum Fuller , Reporter

IFRS Foundation and IOSCO agree protocol on IFRS f...

IFRS Foundation and International Organisation of Securities Commissions announce agreement to improve application of IFRS standards Read More...

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FRC issues alternative performance measures guidance
Regulatory Bodies

FRC issues alternative performance measures guidance

10y Calum Fuller , Reporter

FRC issues alternative performance measures guidan...

Guidelines and FAQs issued to clarify alternative performance measures Read More...

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BIS launches insolvency consultation
Business Recovery

BIS launches insolvency consultation

10y Chris Warmoll , Writer

BIS launches insolvency consultation

The proposed moratorium would last for three months, with the possibility of an extension, if needed Read More...

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IPA issues first specialist insolvency licence
Accounting Firms

IPA issues first specialist insolvency licence

10y Chris Warmoll , Writer

IPA issues first specialist insolvency licence

IPA issues first personal insolvency licence after licensing regime opended to greater competition Read More...

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Law Society pours scorn on ICAEW's latest attempt to expand its legal reach
Accounting Standards

Law Society pours scorn on ICAEW's latest attempt to expand its legal reach

10y Kevin Reed , Writer

Law Society pours scorn on ICAEW's latest attempt ...

Law Society claims that the public interest cannot prove to have been served by the ICAEW's move into probate - and as such should not be used by the ...

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FRC mulls BHS investigation
Business Recovery

FRC mulls BHS investigation

10y Richard Crump , Writer

FRC mulls BHS investigation

FRC looks into events at BHS following pressure from MPs to scrutinise directors and advisers involved in sale of department store prior to its collap...

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Insolvency Service to probe BHS director behaviour
Business Recovery

Insolvency Service to probe BHS director behaviour

10y Chris Warmoll , Writer

Insolvency Service to probe BHS director behaviour

The fast-track move is a bold departure from the norm, as a probe would normally only begin several months after administrators had finished their own...

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Auditors will shoulder disproportionate burden of disciplinary action under new FRC regime
Audit

Auditors will shoulder disproportionate burden of disciplinary action under...

10y Accountancy Age

Auditors will shoulder disproportionate burden of ...

The FRC's new disciplinary regime for public interest entities could see could see more frequent enforcement on more minor matters, write Taylor Wessi...

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UK leads charge for action on beneficial ownership
Administration

UK leads charge for action on beneficial ownership

10y Fraser Simpson , Reporter

UK leads charge for action on beneficial ownership

Osborne delivers ‘another hammer blow’ to offshore tax evasion by announcing data partnership with biggest European economies Read More...

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EC presents action plan to combat ‘staggering’ VAT gap
Administration

EC presents action plan to combat ‘staggering’ VAT gap

10y Fraser Simpson , Reporter

EC presents action plan to combat ‘staggering’ VAT...

European Commission present action plan designed to reboot EU VAT system, which is welcome news to VAT experts Read More...

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Taking Stock: FRC falls foul of its own rules...almost
Regulatory Bodies

Taking Stock: FRC falls foul of its own rules...almost

10y Taking Stock

Taking Stock: FRC falls foul of its own rules...al...

TS couldn't help but notice a near miss for the FRC Read More...

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Vegro appointed FRC executive director of strategy and resources
Accounting Standards

Vegro appointed FRC executive director of strategy and resources

10y Chris Warmoll , Writer

Vegro appointed FRC executive director of strategy...

Vegro will report to the FRC's chief executive, Stephen Haddrill and sit on the executive committee Read More...

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Frost Group IP granted FCA-authorisation
Accounting Firms

Frost Group IP granted FCA-authorisation

10y Chris Warmoll , Writer

Frost Group IP granted FCA-authorisation

The firm, with offices in London, Croydon and Bournemouth, can now offer a portfolio of non-statutory solutions and regulated debt advice to clients R...

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ICAEW issues 800th insolvency practitioner license
Business Recovery

ICAEW issues 800th insolvency practitioner license

10y Chris Warmoll , Writer

ICAEW issues 800th insolvency practitioner license

The UK's insolvency profession helped rescue approximately two in five insolvent businesses in 2013/14 Read More...

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IASB reappoints chairman Hoogervorst
Accounting Standards

IASB reappoints chairman Hoogervorst

10y Calum Fuller , Reporter

IASB reappoints chairman Hoogervorst

While Hoogervorst is set for a second term, vice chairman Ian Mackintosh is to step down once his term expires Read More...

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FRC to avoid further changes to codes and standards
Audit

FRC to avoid further changes to codes and standards

11y Calum Fuller , Reporter

FRC to avoid further changes to codes and standard...

FRC chief executive Stephen Haddrill pledges that regulator will allow changes to codes and standards to 'bed in' rather than introduce further change...

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FRC highlights flaws in audit engagement review processes
Audit

FRC highlights flaws in audit engagement review processes

11y Calum Fuller , Reporter

FRC highlights flaws in audit engagement review pr...

Thematic review from FRC's audit quality review team finds that while reviewers do bring standards of work up, weaknesses still creep through Read Mor...

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Tyrie lays down gauntlet to FRC over HBOS probe
Audit

Tyrie lays down gauntlet to FRC over HBOS probe

11y Calum Fuller , Reporter

Tyrie lays down gauntlet to FRC over HBOS probe

Treasury Select Committee chairman Andrew Tyrie raises "number of concerns" over FRC's supervision of KPMG's role in HBOS collapse Read More...

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ICAEW gives thumb up to Bailey as FCA chief
Accounting Standards

ICAEW gives thumb up to Bailey as FCA chief

11y Chris Warmoll , Writer

ICAEW gives thumb up to Bailey as FCA chief

Bailey takes over from Martin Wheatley, who departed in September Read More...

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FRC considers plans to investigate KPMG over HBOS audit
Accounting Firms

FRC considers plans to investigate KPMG over HBOS audit

11y Chris Warmoll , Writer

FRC considers plans to investigate KPMG over HBOS ...

Accounting watchdog examines why KPMG afforded HBOS a 'going concern' status a year before the bank's catastrophic failure Read More...

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The Financial Power List 2016
Accounting Standards

The Financial Power List 2016

11y Accountancy Age

The Financial Power List 2016

A crucial year for HMRC sees Lin Homer top Accountancy Age's annual list of individuals to watch in the profession this year Read More...

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FRC to probe Grant Thornton's Globo audits
Audit

FRC to probe Grant Thornton's Globo audits

11y Chris Warmoll , Writer

FRC to probe Grant Thornton's Globo audits

Grant Thornton replaced BDO as Globo auditors after BDO resigned in February 2014 Read More...

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Friday Afternoon Live: KPMG's bad month and Tyrie's FRC criticism
Accounting Firms

Friday Afternoon Live: KPMG's bad month and Tyrie's FRC criticism

11y Accountancy Age

Friday Afternoon Live: KPMG's bad month and Tyrie'...

Kevin Reed rounds up the week's news Read More...

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