PCAF launches carbon accounting coalition
The Partnership for Carbon Accounting Financials (PCAF), an industry-led partnership to standardise carbon accounting for the financial sector, has launched...
Tuesday, September 22, 2020
Regulation
KPMG accountancy firm to put hold on pension cuts
It is said that KPMG told its 17,000 UK staff that it was pausing plans to reduce pension plans for...
Pauline Wallace named chair of UKEB
Pauline Wallace has been appointed as the inaugural chair of the UK Accounting Standards Endorsement Board (UKEB). Wallace has over...
AAT partners with the Institute of Management Accountants
AAT has partnered with the Institute of Management Accountants (IMA) to support the international advancement of the management accounting profession....
FRC resolves ‘record’ number of cases
The Financial Reporting Council (FRC) has announced it has resolved a “record” number of cases through the greater use of...
FRC fines BDO over AmTrust Europe audit
The Financial Reporting Council (FRC) has imposed sanctions against BDO and partner David Roberts, over statutory audit of the financial...
FRC calls for ‘high-quality’ disclosures in company reports
The Financial Reporting Council (FRC) has completed its first thematic review of company reporting since the onset of Covid-19 pandemic....
ACCA welcomes audit and ethics standard-setting proposals
“Robust” global auditing and ethical standards are “essential” for business, investor and public trust, the Association of Chartered Certified Accountants...
Government ‘dragging its feet’ on audit reforms, says BEIS
A recent report by the Business, Energy and Industrial Strategy (BEIS) Committee has criticised the UK Government’s inquiry into the...
Third of UK audits fail FRC’s quality test
The Financial Reporting Council’s (FRC) latest audit inspection results have found nearly 33% of audits conducted by the UK’s largest...
