Audit
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Jun- 2023 -20 June
Audit Scotland warns improvements needed as half of audits miss deadline
Audit Scotland has said that it is yet to return to its pre-pandemic timelines for delivering audits, warning that Scotland’s…
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19 June
FRC publishes Audit Enforcement Procedure consultation response
The Financial Reporting Council (FRC) has announced that it will be moving ahead with its amendments to the Audit Enforcement…
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16 June
Proposed audit reforms not ‘game-changing’, say Manchester accountants
Accountancy leaders in Manchester have called on the government to focus on professionalism and “inject greater conceptual clarity” into its…
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May- 2023 -26 May
FRC launches Scalebox to promote competition for small auditors
The FRC has announced the launch of the Scalebox initiative to assist smaller firms in conducting high-quality audits in the…
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22 May
KPMG UK partners with Mindbridge to power audits with AI tech
KPMG UK has partnered with MindBridge to help bring advanced AI into the firm’s digital audits platform. The partnership will…
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18 May
Beever and Struthers Uni partnership to boost audit practices
Accountancy and business advisory Beever and Struthers has begun a management Knowledge Transfer Partnership (mKTP) with Aston University to help…
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9 May
FRC to investigate Deloitte over Joules audit
The Financial Reporting Council (FRC) has launched an investigation in relation to Deloitte’s audit of clothing retailer Joules. The investigation…
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Apr- 2023 -20 April
FRC to investigate EY’s audit of Made.com
The Financial Reporting Council (FRC) is set to conduct an investigation in relation to EY’s audit of Made.com, which fell…
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19 April
DeepVerge revenues to be ‘far below’ guidance after contracts review
AI technology group DeepVerge has revealed its FY22 revenues are set to be “far below” figures that were previously provided,…
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19 April
FRC launches probe into KPMG’s audit of Carr’s Group
The Financial Reporting Council (FRC) has launched an investigation into the audit conducted by KPMG of the consolidated financial statements…
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