FRC to investigate Thomas Cook auditor following collapse
The Financial Reporting Council (FRC) has announced it will be investigating Thomas Cook’s auditor EY, following its collapse last week...
Audit
FRC strengthens Going Concern audit standard
The Financial Reporting Council (FRC) has issued a revised going concern standard in response to recent enforcement cases and “well-publicised...
Sports Direct to ‘ignore’ deadline in hunt for new auditor
Sports Direct is still searching for a new auditor, despite reports that it could be forced to consult the government...
Cybersecurity named ‘top risk’ to businesses by internal auditors
Cybersecurity has been named as one of the “number one” risks to businesses, according to internal auditors. According to the...
Sports Direct considers MHA Macintyre Hudson as next auditor
Accounting firm MHA Macintyre Hudson has become the latest firm to hold talks with Sports Direct in a bid to...
Public sector audit delays increase to 40% in 2018/19
The number of delayed audit opinions in local government has risen to 40% this year, according to figures compiled by...
PwC quits as Staffline auditor
Big four accounting firm PwC has resigned as auditor for recruitment company Staffline, according to a statement made on the...
Grant Thornton quits as Sports Direct auditor
Sports Direct has confirmed accountancy firm Grant Thornton is to step down from its role as auditor. Sports Direct said...
FRC reveals ‘substantial’ increases in fines to tackle poor quality audits
The Financial Reporting Council (FRC) has issued its first Annual Enforcement Review which reveals a “significant” increase in sanctions and...
Sports Direct dismisses rumours it is looking to replace Grant Thornton
Sports Direct has dismissed rumours that is seeking to replace current auditor Grant Thornton, amid a chaotic results announcement that...
LATEST HEADLINES
Grant Thornton reduces UK partner numbers
Mid-tier accountancy firm Grant Thornton has confirmed it has parted ways with a “small number” of partners as part...
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