Audit
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Jul- 2019 -31 July
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…
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29 July
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…
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23 July
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…
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17 July
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…
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15 July
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…
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10 July
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…
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4 July
MHA MacIntyre Hudson appointed as Ferrexpo auditor
MHA MacIntyre Hudson has been appointed as Ferrexpo’s auditor for the current financial year with immediate effect. The commodity trading…
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2 July
Grant Thornton hires corporate finance partner for Nottingham office
The East Midlands team of business and finance advisor Grant Thornton UK has hired corporate finance, mergers and acquisitions professional…
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Jun- 2019 -27 June
AJ Bell drops KPMG in favour of BDO
Accountancy firm BDO has been appointed as the new auditors for AJ Bell, replacing Big Four firm KPMG. In an…
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25 June
Grant Thornton acts to further strengthen audit as a specialism
Grant Thornton has set out new measures to further strengthen audit as a specialism at the firm including a £7m…
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