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| Finance Mole: time for a good moustache?

When new private equity owners start setting recruitment parameters, Finance Mole faces a dilemma as the hiring criteria are wiping out potentially suitable candidates, leaving a damoclean choice
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Business | Called to account: April 2019

In this month’s called to account, a music tuner’s VAT scam falls flat, an accountant’s fake sick note fails, a scrap metal merchant tops the tax defaulter list, while an accountant trustee rips off a pension fund
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Finance | MPs slam FRC’s choice of KPMG review head

Rachel Reeves, chair of the business, energy and industrial strategy (BEIS) select committee has challenged the Financial Reporting council (FRC) over its choice of Sally Dewar to lead its recently announced assessment of the governance and culture of KPMG's audit practice, on the grounds that she trained with the firm

4 Apr 2019

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Finance | Bowyer: breaking up Big Four is not the answer

As MPs call for a breakup of the Big Four accounting firms to hive off audit services, remove conflicts of interest and increase competition, Julia Bowyer ACA argues that an overhaul of the arguably outdated Companies Act would be a more effective way to change the balance of responsibilities between boards and auditors
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Finance | £1.2m protected at charity which failed to file accounts

A Charity Commission inquiry into a Birmingham-based charity has resulted in £1.2m of charitable income being accounted for, after an investigation found that its former trustees repeatedly failed in their duties to administer and manage the charity, including failing to file annual accounts for several years

3 Apr 2019

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Finance | Dossett: the future of public audit at a crossroads

With listed entity audit under scrutiny, public sector audit may seem to have gone below the radar, but there are issues from declining fees to concerns about the scope and effectiveness. As the Kingman review has raised the stakes for corporate audit,so will it reverberate across all areas of audit, says Paul Dossett, head of local government, Grant Thornton UK LLP
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