Machines do not suffer from human failings and can perform many commodotised and repetitive jobs, so accountants need to start getting to grips with how artificial intelligence (AI) will change their jobs and improve their productivity, says ICAEW IT technical manager Kirstin Gillon

FTSE 250 outsourcer Mitie has reported significant opposition from shareholders to the reappointment of Deloitte at its annual general meeting (AGM), and has confirmed it has launched a competitive audit tendering process

The charities audit practice note (PN11) governs the audit of charities throughout the UK and Republic of Ireland and is currently out for consultation in a bid to improve the quality and effectiveness of the audit of charities following a daming report from MPs on the PACAC committee. Don Bawtree, partner at BDO, reviews the proposed changes to the audit rules

Pub giant J D Wetherspoon (JDW) has announced the end of its 34-year relationship with PwC, with the firm set to be replaced by Grant Thornton as external auditors following a competitive tender process

The Financial Reporting Council (FRC) investigation into PwC’s audit of Redcentric has now been expanded, with news the regulator is to investigate the conduct of an individual as well as the firm

In the first of a series on big data and audit, Katharine Bagshaw FCA examines the use of data analytics in audit and talks to major audit firms about how technology and data manipulation can improve the quality and effectiveness of audit

The National Bank of Ukraine has put out a statement saying it has removed PwC from the register of accounting firms authorised to audit banks, because of ‘misrepresented financial information’ in the audit of CB Privatbank, the largest commercial bank in the country, resulting in a $5.5bn (£4.2bn) ‘black hole’ in the balance sheet

The Financial Reporting Council (FRC) has issued a revision of ISA (UK) 250 Section A—Consideration of laws and regulations in an audit of financial statements, and conforming amendments to other ISAs (UK), in response to changes made to the International Code of Ethics issued by the International Ethics Standards Board for Accountants (IESBA)

KPMG is to take over from Deloitte as auditor to international manufacturing group Senior, after the aerospace and engineering specialist concluded a tender process

Helen Evans, barrister at 4 New Square Chambers, examines the recent acceleration of fines imposed by the FRC Disciplinary Tribunal, and what it means for the future

The Financial Reporting Council (FRC) may have called off its investigation into PwC’s audit of Tesco accounts, but as the regulator's investigation into the audit of BT illustrates, it should not be seen as a let-up of the its focus on the larger accountancy firms, says Jenny Higgins, senior associate at law firm Kingsley Napley 

In our monthly roundup of developments in audit and governance, FRC case reports finds aspects of Connaught unauditable, KPMG wins £15m BT audit from PwC, and charity audit practice note PN11 revision