Audit profits at Grant Thornton slashed by 90%
Grant Thornton announced it has seen a return to revenue and profit growth towards the end of last year, despite...
Thursday, April 9, 2020
Audit
FRC guidance for companies and auditors during Covid-19 virus outbreak
The Financial Conduct Authority (FCA), Financial Reporting Council (FRC) and Prudential Regulation Authority (PRA) have today (26 March) announced a...
FCA asks companies to delay preliminary financial accounts
The Financial Conduct Authority (FCA) has requested companies which were due to issue its preliminary trading updates in the next...
Burford Capital first company to delay result due to coronavirus
Burford Capital, the global finance and investment management firm, has become the first company to delay its financial results due...
FRC issues guidance to auditors amid Covid-19 outbreak
The Financial Reporting Council (FRC) has issued updated guidance for auditors that may be facing “practical difficulties” in conducting audits...
BDO to replace KPMG as Wincanton auditors
BDO has been appointed auditors of haulage company Wincanton after the company ended its 20-year partnership with KPMG. The appointment,...
FRC issues advice on coronavirus risk disclosures
The Financial Reporting Council (FRC) has today published guidance for companies on disclosure of risks and other reporting consequences arising...
FRC warns of impact of coronavirus on audits
The Financial Reporting Council (FRC) has reportedly warned of the potential impact the coronavirus will have on company audits. According...
Auditor resignations up 21% in 2019, research reveals
The number of audit firms that have resigned from audits in the UK has risen by 21% in the year...
Hill and Smith appoints EY as auditor
Hill and Smith Holdings announced that it has formally ended its audit relationship with KPMG. Following a formal process led...
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