Accounting Standards
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Nov- 2023 -20 November
FCA imposes censure on NMC Health over audit failings
The FCA has imposed a censure on UAE-based NMC Health after it was found to have been operating dual sets…
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7 November
AAT receives award at MemCom Membership Excellence 2023
AAT has received an award for ‘Best Even on a Shoestring’ at the MemCom Membership Excellence Awards 2023. The awards…
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Oct- 2023 -23 October
ICAEW close to naming CEO successor
The Institute of Chartered Accountants in England and Wales (ICAEW) is reportedly close to naming Alan Vallance as the successor…
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12 October
Standard setters highlight concerns in letter to ISSB
A heavyweight consortium of national standard setters from around the world has written to the International Sustainability Standards Board (ISSB),…
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12 October
KPMG receives record £21m fine over Carillion audit
KPMG has been awarded a record £21m fine from the FRC over “exceptional failings” in its audit of Carillion ahead…
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11 October
ICAEW concerned by burden of plastic packaging tax
The ICAEW has raised concerns that compliance costs often exceed the tax liability of plastic packaging, in response to HMRC’s…
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Sep- 2023 -27 September
UA92 approved as AAT’s first training provider
The Association of Accounting Technicians (AAT) has announced that United Academy 92 (UA92) has been approved as the country’s first…
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19 September
Value of fines issued by the FRC up 29% in the past year
The value of fines issued by the Financial Reporting Council (FRC) against auditors has risen by 29% in the past…
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13 September
ACCA commends FRC corporate governance code changes
The Association of Chartered Certified Accountants (ACCA) has commended the Financial Reporting Council’s (FRC) proposed changes to corporate governance code.…
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Aug- 2023 -9 August
FRC to consult on revisions to its Ethical Standard
The FRC has launched a new consultation on revisions to its Ethical Standard in a bid to “enhance and clarify…
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