The 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 articleThe UK’s Financial Reporting Council (FRC) has launched an investigation into accountancy firm MHA over its audit of failed construction giant ISG, ad...
View articleAs UK audit firms reshuffle their client portfolios, the latest Corporate Advisers Rankings Guide (CARG) for Q1 2025 highlights shifting competitive d...
View articleThe global accountancy body has thrown its support behind the UK government’s proposed overhaul of local authority audits but warns that the reforms l...
View articleCelebrating excellence in the accounting profession, Accountancy Age's Top 50+50 2024 spotlights the top accountancy firms in the UK. Brought to...
View articleFirms are now invited to submit for the 2024 ranking list. Brought to you in partnership with Source Advisors. Read More...
View articleThe FRC's Enforcement Committee identified significant departures from expected auditing standards, including uncorrected material errors in financial...
View articleThe ICAEW confirms new vice president, with senior heads appointed at KPMG and EY. Within the mid market, a flurry of end of year partner appointments...
View articleA survey conducted by accountancy bodies ACCA (the Association of Chartered Certified Accountants) and Chartered Accountants Australia and New Zealand...
View articleFrom battling underground invoice frauds in China to navigating bribery risks in the Middle East, Mazars' Nigel Layton shares essential insights on co...
View articleThe ICAEW confirms new vice president, with senior heads appointed at KPMG and EY. Within the mid market, a flurry of end of year partner appointments...
View articleThis follows an investigation into undisclosed personal loans and issues with an acquisition. Despite challenges, the company aims to achieve £1bn in ...
View articleEY has been undergoing significant cost-cutting measures and streamlining its operations since the abandonment of Project Everest. The firm has made t...
View articleTraditionally, audit schedules have been prepared manually, consuming significant time and resources. However, with the advancements in Artificial Int...
View articleBaker Tilly International has today announced record global revenues of US$5.2bn for the financial year ended 31 December 2023, up 11% on the previous...
View articleThe FRC is promoting initiatives to foster a more competitive market, following recent high-profile accounting scandals. Read More...
View articleThe ICAEW confirms new vice president, with senior heads appointed at KPMG and EY. Within the mid market, a flurry of end of year partner appointments...
View articleOn January 27, it was reported EY had quit as auditor to Asda amid one of its senior partners starting a romantic relationship with billionaire chief ...
View articleThe ICAEW now requires a minimum number of CPD training hours annually, with at least 1 hour of ethics training. Read More...
View articleGrant Thornton UK as confirmed the appointment of Malcolm Gomersall as its new Chief Executive Officer. Gomersall, who has been with the firm for over...
View articleAccounting errors can distort financial statements and mislead stakeholders, as seen in the recent ADM case. This article guides you through identifyi...
View articleDespite the increased interest in AI and ML, only 12% of respondents indicate their organisations have adopted AI and ML within their audit functions....
View articleAs the government's independent investigation progresses, it is hoped that a clearer picture will emerge, leading to meaningful reforms within the aud...
View articleThe proposed enhancements, including the focus on material misstatements arising from non-compliance, the introduction of a risk assessment process, a...
View articleDuring his tenure, Dunckley managed to stabilise Grant Thornton after his predecessor resigned following attacks on her leadership style and socialist...
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