Tyrie's exasperation expressed after he hears from two specialist advisers appointed to probe the bank's fall from grace Read More...
View articleMP continues to press Stephen Haddrill to reconsider case for a probe into KPMG's auditing of HBOS Read More...
View articleAmendments aim to ensure FRS 101 continues to be cost-effective as IFRS, changes while FRED 64 proposes amendments to FRS 103 Insurance Contracts Read...
View articleIASB proposes changes to provide temporary reliefs for insurers to address consequences of the different effective dates of the IFRS 9 and IFRS 4 Read...
View articleFeedback reveals that the role of independent non-executives was important but could be further strengthened Read More...
View articleNew structure will fuse responsibilities and harness resources to deliver the watchdog's primary objectives Read More...
View articleEight years after the failure of HBOS, the discipline of audit - and its real value to investors - continues to fuel debate, finds Chris Warmoll Read ...
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View articleThe 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...
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