Corporate Governance

Leadership & Management

Image for landmark ruling good faith conduct and directors duties under s172

Finance | Landmark ruling on good faith, conduct and directors’ duties under s172

Critical Supreme Court decision in Saxon Woods clarifies scope of good faith requirement as part of a director’s duty under section 172 of Companies Act 2006

29 Jul 2026

Law and Regulation

Leadership & Management

Image for ey fined ps12m madecom audit after lack management challenge

Finance | EY fined £1.2m for Made.com audit after ‘lack of management challenge’

Regulator fines EY and partner £1.24m for audit failings related to going concern, deferred tax and materiality for online sofa business Made.com

28 Jul 2026

Image for regulator raps bdo over unacceptable audit quality

Finance | Regulator raps BDO over ‘unacceptable’ audit quality

Regulator raps BDO over audit quality, PwC, Deloitte and Forvis Mazars pulled up over ethics issues, KPMG outperforms in new-look FRC audit quality review

22 Jul 2026

Image for companies house warning id scammers target directors

Business | Companies House warning as ID scammers target directors

Ruthless scammers target company directors telling them to urgently verify their identity on register when they are actually trawling for passport and financial data

20 Jul 2026

Finance | PwC fined £3.2m for ‘numerous’ failings in more Babcock audits

Regulator fines PwC and lead partner £3.2m for ‘serious and numerous’ breaches from lack of professional scepticism to failure to challenge management in two further audits for engineering giant Babcock

16 Jul 2026

Image for barratt redrow hires ey ps33m audit

Finance | Barratt Redrow hires EY for £3.3m audit

Housebuilder Barratt Redrow swaps auditor after nearly 20 years with current Big Four firm following mega merger

14 Jul 2026

Image for ex chair hmrc set lead audit regulator

Finance | Ex chair of HMRC set to lead audit regulator

Former chair of HMRC, chartered accountant and leading financial services expert Jayne-Anne Gadhia to become chair of the Financial Reporting Council (FRC) after approval hearing before MPs this week

13 Jul 2026

Leadership & Management

Image for eu goes optional sustainability reporting smes

Finance | EU goes for optional sustainability reporting for SMEs

Europe adopts watered down sustainability reporting standards with limited disclosures to reduce administrative burden for EU businesses

8 Jul 2026

Finance | Mazars fined £610k for ‘pervasive’ audit failures

Regulator slams Forvis Mazars and partner with seven-figure fines before discounts for ‘numerous, serious and pervasive failings’ related to ‘flawed’ Studio Retail Group audit before business sold in pre-pack deal

7 Jul 2026

Image for gupta auditor fined ps326k egregious lack objectivity

Finance | Gupta auditor fined £326k for ‘egregious’ lack of objectivity

Regulator fines and bans audit firm King & King and owner partner for audit and ethics failures on work for multiple Gupta owned companies, including Liberty Steel

23 Jun 2026

Image for fragmented controls raise financial crime risk firms

Finance | Fragmented controls raise financial crime risk for firms

A more coordinated approach to governance, oversight and information sharing is vital to tackle financial crime. Joe Norburn, CEO at TCC Group, stresses the importance of governance, board responsibility and ending siloed data and functions

23 Jun 2026

Financial Reporting

Image for interim managers take over aid charity amid financial probe

Finance | Interim managers take over aid charity amid financial probe

After bank accounts frozen, Charity Commission appoints interim managers to Barnabas Fund, a Christian based aid charity beset by financial and governance issues

22 Jun 2026

Image for fit and proper checks accountancy firms under aml rules

Finance | Fit and proper checks for accountancy firms under AML rules

Major changes ahead as Financial Conduct Authority set to take over anti money laundering (AML) supervision of professional services firms

19 Jun 2026