Finance | Barratt Redrow hires EY for £3.3m audit

Housebuilder Barratt Redrow swaps auditor after nearly 20 years with current Big Four firm following mega merger 

14 Jul 2026

Finance

Auditing

Corporate Governance

Finance | Audit Wales issues Code of Audit Practice 2026

Audit Wales releases Code of Audit Practice 2026, strengthening focus on proportionality, risk-based approach and importance of auditor ethics

13 Jul 2026

Finance

Auditing

Audit Regulations

Public Sector

Finance | Mazars fined £610k for ‘pervasive’ audit failures

Regulator slams Forvis Mazars and partner with seven-figure fines before discounts for ‘numerous, serious and pervasive failings’ related to ‘flawed’ Studio Retail Group audit before business sold in pre-pack deal

7 Jul 2026

Finance

Auditing

Corporate Governance

Finance | Guidance for auditors with clients trading on PISCES platform

FRC issues guidance on auditor independence requirements for PISCES-traded companies as set out in the Ethical Standard

2 Jul 2026

Finance

Auditing

Audit Regulations

Finance | FRC removes ‘unnecessary’ parts of auditor’s reports

The Financial Reporting Council (FRC) removes ‘unnecessary’ information with ‘little value’ from auditor’s reports with revisions to three auditing standards

24 Jun 2026

Finance

Financial Reporting

Auditing

Finance | Gupta auditor fined £326k for ‘egregious’ lack of objectivity

Regulator fines and bans audit firm King & King and owner partner for audit and ethics failures on work for multiple Gupta owned companies, including Liberty Steel

23 Jun 2026

Finance

Auditing

Corporate Governance

Finance | FRC shakes up enforcement to identify audit failures faster

Regulator overhauls audit enforcement procedure to speed up action on poor audit work and take more robust action on serious or significant failures from July

18 Jun 2026

Finance

Financial Reporting

Auditing

Corporate Governance

Law and Regulation

Finance | Council audit crisis ‘intolerable,’ says incoming LAO chief

CIPFA qualified candidate for Local Audit Office says Audit Commission was ‘a very different beast,’ pledging closer ties to FRC and ICAEW

18 Jun 2026

Finance

Auditing

Public Sector

Finance | MHA quits BAIT audit over use of independent expert

Listed audit firm MHA resigns as auditor of British & American Investment Trust after company says it was ‘unnecessary’ to use an independent expert to value film rights

15 Jun 2026

Finance

Auditing

Corporate Governance

Finance | FRC launches major investigation into audit firms after MFS collapse

Trio of auditors of collapsed property loan business Market Financial Solutions (MFS) face multi-pronged investigation by regulator over individual conduct and audit work

11 Jun 2026

Finance

Auditing

Corporate Governance

Finance | FRC to investigate accountant over P&O Ferries audit

Regulator launches investigation into the conduct of an individual member accountant over information provided to Big Four auditor of P&O Ferries Division Holdings Limited

10 Jun 2026

Finance

Auditing

Corporate Governance

Finance | PwC faces investigation into work on £1.6m WH Smith audit

Regulator to investigate PwC for audit work related to the financial statements of WH Smith for FY24, the year before a £30m revenue recognition error

9 Jun 2026

Finance

Auditing

Corporate Governance

Finance | Is the AI threat to accounting degrees real?

Accounting may seem a stable and secure sector to work in after graduation, but this is under threat unless degree programmes rapidly change to incorporate the realities of AI and the threat to entry level jobs, says professor Guanming He of Durham University Business School

5 Jun 2026

Finance

Financial Reporting

Auditing

HR

Work

Careers

Finance | QDE hires boutique firm for £53k audit after Crowe quits

After ‘entirely unexpected’ resignation of auditor in April days before year end results were due, Quantum Data Energy plc goes niche with replacement audit firm

4 Jun 2026

Finance

Auditing

Corporate Governance

Finance | ISA changes to improve ethical use of external experts in audits

The Financial Reporting Council (FRC) sets out minor amendments to ISA (UK) 620 and ISAE (UK) 3000 focused on external expert’s competence and independence 

2 Jun 2026

Finance

Auditing

Audit Consultations