Auditing

Latest news

Image for non big four struggle win sustainability assurance work

Finance | Non Big Four struggle to win sustainability assurance work

More companies are turning to their auditor to handle sustainability reporting assurance work due to ‘immaturity’ of market and lack of recognisable names, warns FRC

11 Feb 2025

Finance | Is your company now exempt from audit?

Changes to company size thresholds mean a significant number of businesses will no longer have to conduct an audit, explains Anand Singh ACA

6 Feb 2025

Finance | CPD module: audit exemptions for companies

In this month’s exclusive free CPD module, we focus on audit exemptions for companies

5 Feb 2025

Finance | FRC to review SME audit costs and complexity

The Financial Reporting Council (FRC) has launched a market study to find out whether the audit market ‘effectively’ serves SMEs, high costs and complexity

3 Feb 2025

Finance | Revised Listing Rules have ‘consequential impact’ for accountants

Changes to UK Listing Rules will affect the work of reporting accountants and interaction of Ethical Standard, warns the FRC, as it issues guidance for assurance providers

31 Jan 2025

Finance | Experian retains KPMG for £8.3m audit

Credit agency Experian has reappointed KPMG as auditor after a competitive tender, renewing the contract after eight years

28 Jan 2025

Finance

Auditing

Corporate Governance

Image for iaasbiesba joint ethics and sustainability reporting guidance

Finance | IAASB/IESBA joint ethics and sustainability reporting guidance

The two global auditing and ethics bodies have launched joint guidance for new standards to strengthen ethics and accountability of sustainability reporting and assurance

27 Jan 2025

Finance | Zoo Digital Group hires HaysMac for £190k audit

AIM listed media services provider Zoo has appointed HaysMac as auditor following the resignation of Grant Thornton after 12 years in post

27 Jan 2025

Finance

Auditing

Corporate Governance

Image for frc takes wates oversight large private companies

Finance | FRC takes on Wates oversight of large private companies

The Financial Reporting Council is to take over governance of the Wates Principles for large private companies after departure of chair, the framework introduced after the collapse of BHS

23 Jan 2025

Finance | Top tips on how to cease to act as auditor

Helen MacNeill FCA explains the procedures to follow when an audit firm resigns or steps down as auditor at listed and private companies with a focus on auditor cessation

22 Jan 2025

Finance | KPMG faces FRC probe into audit of gambler Entain

The Financial Reporting Council has launched an investigation into KPMG’s £3.2m audit of the 2022 financial statements of FTSE 100 gambling giant Entain

20 Jan 2025

Finance

Auditing

Corporate Governance