Auditors strengthen going concern assessments, FRC finds
Audit firms have taken additional measures to enhance their evaluation of companies’ going concern assessments since the start of the...
Friday, November 27, 2020
Audit
CIIA warns majority of businesses are unprepared for climate change
The Chartered Institute of Internal Auditors (CIIA) is calling on the financial services industry to address “the gap between expectation...
Grant Thornton faces lawsuit over Patisserie Valerie collapse
Grant Thornton is set to "rigorously defend" legal action launched by the liquidators of Patisserie Valerie over its role as...
Big Four fees for non-audit work continue to decline
The Big Four’s fees for non-audit work for audited entities fell by 20.8% in 2019, according to new data from...
ICAEW audit report finds majority of firms at ‘good standard’
The majority of non-PIE audits undertaken by ICAEW-registered audit firms were delivered to a “good standard”, according to the ICAEW...
Haines Watts offers remote audits as local lockdowns tighten
Haines Watts is continuing to offer remote audits to businesses seeking tax, audit and corporate finance advice as local lockdowns...
Chartered IIA report highlights top risks in industry
The Chartered Institute of Internal Auditors has released its annual Risk in Focus 2021 report, which tracks the risks facing...
Half of internal audit teams affected by Covid-19 redeployment
Redeployment during the coronavirus lockdown has affected 46% of UK internal audit teams, according to the latest Internal Audit in...
Chartered IIA calls on the government to ‘urgently’ accelerate UK audit reform
The Chartered Institute of Internal Auditors (Chartered IIA) has called on the UK Government to “move faster” in bringing forward...
Deloitte first Big Four firm to confirm audit split
Deloitte has announced its plans to establish an independent audit governance board (AGB), effective from January 2021, with the responsibility...
