FRC made ‘serious mistake’ by failing to investigate HBOS audit sooner
Accounting Firms

FRC made ‘serious mistake’ by failing to investigate HBOS audit sooner

10y Richard Crump , Writer

FRC made ‘serious mistake’ by failing to investiga...

The Treasury Select Committee criticises the FRC for a 'lack of curiosity and diligence' in deciding to not investigate KPMG’s audit of HBOS before th...

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Colin: Undertaking a Pokemon audit
Audit

Colin: Undertaking a Pokemon audit

10y Kevin Reed , Writer

Colin: Undertaking a Pokemon audit

Colin ponders how the Pokemon craze is permeating the world of accountancy Read More...

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Brexit raises questions about future of the FRC's regulatory framework
Audit

Brexit raises questions about future of the FRC's regulatory framework

10y Richard Crump , Writer

Brexit raises questions about future of the FRC's ...

The UK’s decision to leave the EU has raised questions about whether the FRC's regulatory framework should change in the future Read More...

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FRC raises concerns about FTSE 350 audit market concentration
Audit

FRC raises concerns about FTSE 350 audit market concentration

10y Richard Crump , Writer

FRC raises concerns about FTSE 350 audit market co...

Despite the high levels of tendering and rotation, the Big Four’s share of the FTSE 350 market has risen from 96.7% to 97.4%, the FRC finds Read More...

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FRC consults on adopting international auditing standards
Accounting Standards

FRC consults on adopting international auditing standards

10y Richard Crump , Writer

FRC consults on adopting international auditing st...

FRC consults on adopting international auditing standards to facilitate public assurance of insurers' Solvency II reports Read More...

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Colin: What could make someone this happy about an audit?
Audit

Colin: What could make someone this happy about an audit?

10y Taking Stock

Colin: What could make someone this happy about an...

Colin wonders what could make someone this happy about an audit? Read More...

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One in 20 audit firms quit as market evolves
Audit

One in 20 audit firms quit as market evolves

10y Kevin Reed , Writer

One in 20 audit firms quit as market evolves

Audit red tape is impacting both ends of the market, according to the latest watchdog stats Read More...

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EY appoints new global and UK&I government & public sector assurance leader
Accounting Firms

EY appoints new global and UK&I government & public sector assuranc...

10y Richard Crump , Writer

EY appoints new global and UK&I government &am...

EY has appointed Janet Dawson as its global and UK&I government & public sector assurance practice leader Read More...

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NAO report: record customer saving levels despite austerity pressures
Audit

NAO report: record customer saving levels despite austerity pressures

10y Fraser Simpson , Reporter

NAO report: record customer saving levels despite ...

The NAO has made record financial savings for the taxpayer, equivalent to £19 saved for every pound spent, according to its annual report Read More...

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FRC investigation launched into PwC's BHS audit
Audit

FRC investigation launched into PwC's BHS audit

10y Kevin Reed , Writer

FRC investigation launched into PwC's BHS audit

The Financial Reporting Council has launched an investigation into the conduct of the Big Four firm in relation to its audit of BHS Read More...

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Taking Stock: The FRC’s HBOS non-announcement announcement
Accounting Firms

Taking Stock: The FRC’s HBOS non-announcement announcement

10y Richard Crump , Writer

Taking Stock: The FRC’s HBOS non-announcement anno...

The FRC says it best when it says nothing at all Read More...

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Lycamobile offices raided in tax fraud investigation
Accounting Firms

Lycamobile offices raided in tax fraud investigation

10y Fraser Simpson , Reporter

Lycamobile offices raided in tax fraud investigati...

French police have raided Lucamobile's Paris HQ on suspicion of money laundering and tax fraud Read More...

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Leader: Audit competition drives change, not necessarily quality
Accounting Firms

Leader: Audit competition drives change, not necessarily quality

10y Kevin Reed , Writer

Leader: Audit competition drives change, not neces...

Audit competition will drive many changes, but increased audit quality is extremely questionable Read More...

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EU audit reform to open up £10bn market for firms
Accounting Firms

EU audit reform to open up £10bn market for firms

10y Richard Crump , Writer

EU audit reform to open up £10bn market for firms

BDO says £10bn worth of audit and non-audit services could swap hands between accountancy firms in the next ten years Read More...

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FRC appoints John Hitchins as FRRP deputy chair
People In Practice

FRC appoints John Hitchins as FRRP deputy chair

10y Richard Crump , Writer

FRC appoints John Hitchins as FRRP deputy chair

John Hitchins was a partner with PwC for 26 years until he retired in 2014 Read More...

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New global head of real estate at BDO
Accounting Firms

New global head of real estate at BDO

10y Richard Crump , Writer

New global head of real estate at BDO

BDO UK audit partner Russell Field been appointed global head of real estate and construction Read More...

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KPMG quits as FIFA auditor
Accounting Firms

KPMG quits as FIFA auditor

10y Richard Crump , Writer

KPMG quits as FIFA auditor

KPMG ends 16-year audit relationship with FIFA Read More...

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Mid-tier moving away from audit work, network finds
Accounting Firms

Mid-tier moving away from audit work, network finds

10y Richard Crump , Writer

Mid-tier moving away from audit work, network find...

Mid-sized accountancy firms accelerate diversification away from traditional audit services, says MGI Worldwide Read More...

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ICAEW targets state of audit in consultation paper
Accounting Standards

ICAEW targets state of audit in consultation paper

10y Fraser Simpson , Reporter

ICAEW targets state of audit in consultation paper

One of the UK's biggest accountancy institutes is looking for comment on the assurance sector Read More...

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Friday Afternoon Live: Shell/EY audit and HMRC digital tax accounts
Audit

Friday Afternoon Live: Shell/EY audit and HMRC digital tax accounts

10y Calum Fuller , Reporter

Friday Afternoon Live: Shell/EY audit and HMRC dig...

Richard Crump discusses the week's news Read More...

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Benchmark appoints KPMG as auditor
Audit

Benchmark appoints KPMG as auditor

10y Calum Fuller , Reporter

Benchmark appoints KPMG as auditor

BDO relinquishes Benchmark audit after 15 years Read More...

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New consortium enters fray to buy BHS empire
Accounting Firms

New consortium enters fray to buy BHS empire

10y Chris Warmoll , Writer

New consortium enters fray to buy BHS empire

Greg Tufnell, brother of former England cricketer and TV personality Phil, is reportedly leading the bid by Richess Group to secure control of retail...

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Standard Life Investments opposes EY's appointment as Shell auditors at AGM
Accounting Firms

Standard Life Investments opposes EY's appointment as Shell auditors at AGM

10y Richard Crump , Writer

Standard Life Investments opposes EY's appointment...

EY's appointment as auditors of Shell has met with opposition from Standard Life Investments Read More...

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New set of material matters for charity auditors proposed
Audit

New set of material matters for charity auditors proposed

10y Calum Fuller , Reporter

New set of material matters for charity auditors p...

Government proposes new set of material matters for audits of charities in order to align different UK jurisdictions Read More...

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Firm by firm: The FRC's audit quality inspections
Accounting Firms

Firm by firm: The FRC's audit quality inspections

10y Calum Fuller , Reporter

Firm by firm: The FRC's audit quality inspections

Accountancy Age takes a look FRC's assessment of the audit quality provided by the top six audit firms Read More...

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KPMG audit quality criticised in FRC review
Audit

KPMG audit quality criticised in FRC review

10y Calum Fuller , Reporter

KPMG audit quality criticised in FRC review

FRC releases individual reports critical of audits undertaken by the six largest firms Read More...

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Standard Life appoints KPMG after audit tender
Audit

Standard Life appoints KPMG after audit tender

10y Calum Fuller , Reporter

Standard Life appoints KPMG after audit tender

Standard Life appoints KPMG as auditor after 22 years with PwC Read More...

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