FRC delays Carillion investigation
The FRC has announced that the first stage of its Carillion investigation will now be completed by summer 2020, rather...
Regulators
FRC welcomes Chartered Institute of Internal Auditors’ new code
The FRC has welcomed the Chartered Institute of Internal Auditors new Internal Audit Code of Practice which aims to enhance...
FRC calls for improved governance and reporting
Companies need to improve their governance practices and reporting if they are to “demonstrate their positive impact on the economy...
CIPFA CEO Rob Whiteman awarded CBE
The Chartered Institute of Public Finance and Accountancy’s (CIPFA) CEO Rob Whiteman has been awarded a CBE for services to...
Fines for auditors rise almost 50% in 2019
Fines for auditor misconduct issued by the Financial Reporting Council rose by almost 50% in 2019. According to new data...
FRC extends Thomas Cook investigation
The Financial Reporting Council has announced it will be extending it’s investigation into the audit of Thomas Cook by EY...
FCA and PRA Skilled Persons reviews jump 16% in 2019, says BDO
The number of Skilled Person reviews launched by the FCA and PRA has increased by 16% in 2019, according to...
Accountant who misled Pensions Regulator to appear in court
An accountant accused of misleading The Pensions Regulator (TPR) after he failed to enrol staff into a pension is facing...
HMRC entering into fewer plea bargain agreements with taxpayers
HMRC is entering into fewer agreements that give taxpayers immunity from prosecution for tax avoidance in exchange for paying back...
IAASB seeking comments on ISA amendments
The International Auditing and Assurance Standards Board (IAASB) is consulting on amendments to the International Standards on Auditing (ISAs) as...
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