Practice Regulation
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Jan- 2021 -14 January
APPG to investigate insolvency industry
The All-Party Parliamentary Group (APPG) on Fair Business Banking, has launched an investigation into the UK insolvency profession.
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Oct- 2020 -9 October
FRC publishes corporate reporting recommendations
The Financial Reporting (FRC) has published a paper discussing proposals for the future of corporate reporting. The proposals include: embracing…
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Jan- 2020 -30 January
Deloitte fined £1m over handling of Comet administration
‘Big Four’ accountancy firm Deloitte has been fined £925,000 for its handling of electrical goods retailer Comet’s administration in 2012.
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Oct- 2019 -23 October
Auditors ‘complicit’ in company failures, Thomas Cook inquiry says
The ‘Big Four’accountancy firms have been “complicit” in a number of high-profile business failures such as that of Thomas Cook,…
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May- 2019 -21 May
NECC leads push to identify money laundering activity
Some 42 businesses have been identified as having potential compliance failings in customer checks, record keeping and identifying risk, as…
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Apr- 2019 -15 April
CMA may exclude major firms from joint audit rule
The Competitions and Markets Authority (CMA) may exclude the sector’s biggest firms from a new rule which could require businesses…
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Feb- 2019 -25 February
KPMG faces £4m fine over Co-op Bank audit
KPMG is set to face a £4m fine from the Financial Reporting Council (FRC) over its auditing of the Co-operative…
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