AIM-listed fintech Syme has been forced to delay the release of its annual accounts as newly appointed auditor Bright Grahame Murray asks for extension
For the third time in a matter of weeks EY is under the spotlight as the audit regulator opens an investigation the Big Four firm’s work on Post Office audits
The regulator has fined EY a total of £357,500 after it broke audit tender rules by exceeding 10-year limit for a listed company contract, which proved a costly mistake
Regulator fines EY and partner £4.98m for serious failings in the way they conducted two audits for Thomas Cook Group in the run-up to the collapse of the travel company
In a bid to address endemic failures in the local audit market, the government is going ahead with plans to set up an overarching regulator to oversee the sector with new powers
Changes to UK Audit Regulations from June mean audit firms taking on complex, risky audits will have to notify professional bodies within 21 days of winning the new audit contract
ICAEW has revised the Code of Ethics to tighten up professional behaviour and ‘strength of character’ of accountants with warnings on potential misuse of technology
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