Auditors need to be more specific with audit committees and in their public reports about the materiality judgments they have made and the impact on the scope, nature and extent of their audit work, according to the Financial Reporting Council’s (FRC) latest thematic review

Domino's Pizza has confirmed its intention to appoint PwC as its auditor for the period from 29 December 2019, replacing EY after 20 years in post

Scotland’s auditor general has branded a series of governance failings and the poor use of public money at the Scottish Police Authority (SPA) as ‘unacceptable’ and says ensuring the body operates more effectively and transparently must be an immediate priority for its new leadership team

The Financial Reporting Council (FRC) has issued a revision to ISA (UK) 250 Section A – consideration of laws and regulations in an audit of financial statements, which includes updated guidance on the auditor's responsibilities in respect of money laundering, terrorist financing and proceeds of crime legislation in the UK

Inchcape, the automotive distributor and retailer, has appointed Deloitte as its auditor following a tender process, replacing PwC which has been in the audit driving seat at the FTSE 250 company for more than 20 years

Dr Ian Peters, chief executive of the Chartered Institute of Internal Auditors, explains why internal audit is being given a critical role in the Financial Reporting Council’s (FRC) review of the Corporate Governance Code

Exclusive research conducted by Accountancy illustrates just how dominant the Big Four is as a force throughout FTSE 100 boardrooms

Audit thresholds for co-operatives and community benefit societies will double from April 2018 in a bid to reduce red tape for the smallest organisations

In our monthly roundup of developments in audit and governance, monitoring group plans overhaul of global auditing standard setting system, regulator fines EY £1.8m for audit failures at Tech Data, audit tenders

The Treasury Committee plans to hold a hearing with chiefs at the Financial Reporting Council (FRC) to understand why the audit regulator dropped its investigation into KPMG’s role in the pre-crash HBOS audit

West Midlands-based Secure Trust Bank (STB) has announced it is to appoint Deloitte as its auditor following a competitive tender process, replacing KPMG who have held the position since 2009

The Financial Reporting Council (FRC) has admitted it failed to take decisive action early enough in its investigation into KPMG’s audits of HBOS prior to the bank’s near collapse during the financial crisis, and has indicated it wants accountants in public interest roles to be subject to a similar threshold of accountability as auditors