The lowest overall scores were for questions on professional scepticism and the auditor's response to regulatory oversight Read More...
View articleDespite sounding the klaxon, much of KPMG's warnings went unheeded by HBOS management Read More...
View articleFRC should reconsider decision not to investigate KPMG's role as HBOS auditors prior to bank's collapse Read More...
View articleNew audit standard for assurance on client assets being presented to the FCA Read More...
View articleThe ‘10 plus 10 regime' will empower UK companies to retain incumbent auditor for 20 years, provided they tender by the 10th year Read More...
View articleFRC will need to tap audit profession for funds necessary to support its expanded audit responsibilities under new EU rules Read More...
View articleKeith Barton and Allister Wilson have now stepped down from the C&S Committee, the Actuarial Council and the Audit and Assurance Council Read More...
View articleblur has now made a prior year restatement reducing its reported revenues for the six months to 30 June 2014 by $3.4m Read More...
View articleThe move marks FRC's latest foray into ramping up confidence in corporate governance and reporting by UK companies Read More...
View articleTHE IASB is to consult on a package of temporary measures to address issues arising from the application of the financial instruments standard before ...
View articleThe Conduct Committee is responsible for overseeing the FRC's Conduct Division in its work promoting high quality corporate reporting Read More...
View articleCompetition and Markets Authority (CMA) provides advice to help accountants warn clients of competition rules Read More...
View articleMid-tier firms cite perfect storm of high fees, burdensome regulation and difficulty of building critical mass quickly, as audit becomes more trouble ...
View articleThe changes do not affect other aspects of how entities account for investments in associates and joint ventures Read More...
View articleAlan Teixeira, a leading technical expert in developing global accounting standards, will lead a new Deloitte IFRS research initiative Read More...
View articleKPMG's work as auditors of Quindell to be probed by FRC as troubled insurer's accounts reveal series of accounting errors Read More...
View articleProposed amendments address concerns raised by preparers at meetings of IFRS 15 transition group Read More...
View articleAudit quality review costs rocketed by almost a third but FRC makes overall budget saving Read More...
View articleThe regulator says amendments need to be made to its own standards to enable auditors to operate in unison with the IESBA's Read More...
View articleGovernment also confirms that it has no intention to make statutory provision to regulate accountants Read More...
View articlePunishment meted out to former Torex accountant Mark Woodridge, following a disciplinary hearing led by FRC Read More...
View articleGlobal accounting standard setter set to review its governance, financing and effectiveness Read More...
View articleFormer bosses of BUPA and Swiss Re appointed to accounting watchdog board Read More...
View articleFRC bans former Aero Inventory finance director Hugh Bevan from practicing for three years and slaps him with a £170,000 fine Read More...
View articleTwo advisers are heavily reprimanded by the Insolvency Service: One for failing to manage his firm's tax affairs; another for misappropriating funds R...
View articleIASB refreshes ASAF membership with the FRC among those making way for new entrants Read More...
View articleThe RICS regulatory board oversees the regulatory framework for more than 120,000 chartered surveyors, globally Read More...
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