Regulation
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May- 2021 -28 May
FRC revises auditing standards for fraud responsibilities
The Financial Reporting Council (FRC) has announced a revision to its auditing standard regarding the responsibilities of auditors relating to…
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27 May
‘Integrated thinking’ key to business survival during Covid, says ACCA
The Association of Chartered Certified Accountants’ (ACCA) recent analysis of 14 companies’ annual integrated reports identified that “integrated thinking” helped…
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27 May
AAT urges gov to tackle ‘unregulated’ high street accountants
AAT (Association of Accounting Technicians) has warned small and medium-sized enterprises against the use of “unregulated” high street accountants and…
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26 May
Regulator launches investigation into The Knightland Foundation
The Charity Commisions has launched an investigation into The Knightland Foundation over concerns regarding the organisation’s finances and governance. In…
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25 May
IFAC publishes report into data in accountancy
The International Federation of Accountants (IFAC), alongside CPA Canada, has published its report into data strategy in the accountancy sector.…
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25 May
FRC launches survey into scenario analysis
The Financial Reporting Council (FRC) has launched a survey into the use of scenario analysis by FTSE 350 companies as…
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24 May
Auditor fines issued by FRC jump 180% to £25m in a year, study shows
The value of fines issued by the Financial Reporting Council (FRC) to auditors rose 180% to just under £25m in…
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24 May
Sustainability a priority for accountancy profession, says IFAC
Issues regarding sustainability must be a priority for the accountancy profession going forward, according to the International Federation of Accountants…
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24 May
Annual reports downplay workforce engagement importance, FRC finds
The Financial Reporting Council (FRC) has published a report into the UK Corporate Governance Code, specifically into company engagement with…
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21 May
LITRG calls on gov to regulate umbrella companies
The Low Incomes Tax Reform Group (LITRG) has called on the government to implement regulation of umbrella companies. So far…
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