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...
Audit
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...
Only 41% of investors think audits meet their needs, report finds
Only 41% of investors feel like company audits meet their needs, according to a report by PwC. The new report...
Britain First fined for ‘failing’ to audit accounts
Britain First has been fined £44,200 by the Electoral Commission for “multiple breaches" of electoral law. The group was registered...
FRC proposes ‘more stringent’ ethical rules for auditors
The Financial Reporting Council (FRC) has issued a consultation proposing “important” changes to the UK’s ethical and auditing standards. The...
Top audit firms fail to meet FRC audit quality target
The Financial Reporting Council’s (FRC) latest audit inspections report has revealed that the largest seven largest UK audit firms have...
LATEST HEADLINES
Employer handed £350,000 fine for workplace pension failures
The Pensions Regulator (TPR) has fined an unnamed company £350,000 for workplace pension failures. Employers are being warned by...
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