Joanna Pittman, partner at  Sayer Vincent, reviews compliance issues under new charity reporting regulations concerning matters of material significance, which are effective 1 May 2017 regardless of the accounting period being reported on

In the latest competitive tender, PwC has been replaced by Deloitte at FTSE 250 oil and gas specialist Hunting plc as the company’s auditor after a 28-year tenure

Telecoms giant BT has named KPMG as external auditor, ending PwC’s decades long audit engagement held since 1984, following a competitive tender for the £14.8m audit business 

KPMG has retained its role as external auditor to Synectics, an AIM-listed company which specialises in the design, delivery and management of integrated security and surveillance systems, following a competitive tender process

The Financial Reporting Council (FRC) has closed part of its two year-plus investigation into PwC’s conduct as auditors of Tesco plc, after concluding there was not a realistic prospect that a disciplinary tribunal would make an 'adverse finding' against the firm and PwC partners involved in this particular strand of the investigation

Despite little movement in audit fees between the last year of the outgoing auditor and the first year of an incoming auditor, firms are hiking their fees in the second year of engagement, research conducted by Accountancy shows

In our monthly roundup of developments in audit and governance, PwC hit with record £5m Connaught fine, Grant Thornton fined £2.2m for AssetCo audit, Deutsche Bank governance issues and, FRC to probe KPMG audits of Rolls-Royce

In reflect of this month’s exclusive FTSE 250 auditor’s survey, Sara White considers audit failures on the back of the record £5m fine given to PwC by FRC and ask whether the audit regulator is effective enough 

Even with record volumes of audit contracts changing hands among the FTSE 250, a significant number of companies are still choosing to stick with their current auditors. But is there a sting in the fee tail as the scale of tendering and transition costs become apparent? In the annual Accountancy FTSE 250 auditors survey, Philip Smith examines the latest trends in audit fees and the lack of competition from outside the Big Four

Elements of the information available to PwC over the course of its term as Connaught’s auditor were ‘unauditable’, according to FRC’s report on the case 

Bank of Ireland Group is to switch auditors at the end of the year naming KPMG as external auditor replacing incumbent PwC, which has held the audit for nearly three decades

Liz Sandwith, chief professional practices advisor at the Chartered Institute of Internal Auditors (CIIA), asks whether it is time for internal auditors to start implementing big data strategies to mitigate risk, albeit  always retaining a human element of judgment