Regulators
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Jan- 2020 -3 January
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…
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Dec- 2019 -19 December
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…
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16 December
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…
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13 December
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…
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12 December
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…
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Nov- 2019 -18 November
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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Oct- 2019 -29 October
CIMA announces changes to ‘Code of Ethics’
The Chartered Institute of Management Accountants (CIMA), has updated its Code of Ethics to “better help finance professionals deal with…
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Sep- 2019 -25 September
FRC considers investigation into Thomas Cook collapse
The Financial Reporting Council (FRC) has revealed it is weighing up an investigation into the Thomas Cook collapse. An FRC…
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13 September
Charity SORP sets out plans for accounting framework
The Charities SORP-making body has set out plans for changes to the charity accounting framework. The Statement of Recommended Practice…
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Aug- 2019 -23 August
Employer handed £350,000 fine for workplace pension failures
The Pensions Regulator (TPR) has fined an unnamed company £350,000 for workplace pension failures. Employers are being warned by the…
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