Audit
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May- 2020 -12 May
Carillion preps for KPMG lawsuit
Carillion has accelerated its efforts to bring a civil lawsuit against KPMG, preparing to mount a negligence claim over previous…
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6 May
Early warning systems must be enhanced to improve audit quality, says FRC
Tools for flagging signs of poor quality audits should be used more effectively so timely corrective action can be taken,…
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Apr- 2020 -8 April
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…
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Mar- 2020 -26 March
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…
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23 March
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…
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16 March
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…
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16 March
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…
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Feb- 2020 -18 February
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,…
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18 February
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…
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17 February
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…
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