Practice Regulation
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Nov- 2021 -5 November
Gov and big businesses ‘must’ help SMBs reach net zero, report shows
Friendly reporting frameworks for SMBs could unlock “significant” progress on the journey to net zero, given the SMB sector represents…
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Apr- 2021 -16 April
Treasury Committee launches Greensill Capital inquiry
The Treasury Committee has revealed that it is set to launch an inquiry into the lessons to be made from…
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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. Joined by…
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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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