As the audit profession waits for the final details of the government’s proposed audit reforms, the Financial Reporting Council (FRC) has issued a revision of its UK auditing standard ISA (UK) 240 on the responsibilities of auditors relating to possible fraud

Accountancy firm BK Plus, which was recently set up by two former directors of Baldwins, has made its first acquisition, signing a deal with Chapman Nash, a Warwickshire based accountancy firm

UK retail businesses selling into the EU need to make sure they are prepared to meet the new EU VAT regime starting on 1 July, warns tax and advisory firm Blick Rothenberg

The government and the Association of British Insurers (ABI) have confirmed that the temporary trade credit reinsurance (TCR) scheme will close on 30 June as planned

 The Accounts Commission warns that Scotland’s local authorities face a ‘clear risk’ to their financial sustainability without a radical shake-up of the way they are funded