Audit
-
Jul- 2021 -28 July
IAASB opens consultation over LCE financial audits
The International Auditing and Assurance Standards Board (IAASB) has proposed a new exposure draft relating to its standard for audits…
Read More » -
27 July
IASB proposes IFRS Standard for non-public subsidiaries
The International Accounting Standards Board (IASB) has proposed a new IFRS Standard to enable eligible subsidiaries to apply the standards…
Read More » -
23 July
FRC raises concerns over KPMG’s banking audits
The Financial Reporting Council (FRC) has published its annual inspection and supervision results for 2020/21 which showed that nearly one…
Read More » -
9 July
Audit reform will need ‘continuous careful analysis’, ACCA warns
The Association of Chartered Certified Accountants (ACCA) has warned that the government’s audit reform plan will need “continuous careful analysis”…
Read More » -
8 July
UNW strengthens audit and assurance arm
UNW, a Newcastle-based independent chartered accountancy and business advisory firm, has strengthened its audit and assurance services through a number…
Read More » -
Jun- 2021 -9 June
KPMG resigns as IDH auditor over ‘control environment’ concerns
Integrated Diagnostics Holdings (IDH), a consumer healthcare company, has revealed that KPMG will resign as auditor of the company when…
Read More » -
3 June
Auditor generals must ensure accountability of public spending, warns ACCA
ACCA and the INTOSAI Development Initiative (IDI) have warned that auditor generals must ensure the accountability of spent public funds…
Read More » -
May- 2021 -26 May
Gov’s managed audit plan faces challenger firm shun
The government’s managed shared audits plan for FTSE 100 companies has been met with queries from two of the largest…
Read More » -
14 May
FRC sanctions UHY Hacker Young over audit quality
The Financial Reporting Council (FRC) has issued a trio of sanctions against UHY Hacker Young and Julie Wilson, an audit…
Read More » -
Apr- 2021 -30 April
IESBA releases audit independence revisions
The International Ethics Standards Board for Accountants (IESBA) has released a number of measures to protect auditor independence.
Read More »
