The Financial Reporting Council (FRC) only inspected eight local audits in the last year, flagging issues with arithmetical errors, materiality and impairment calculations
A former senior manager at BDO has been banned from working as an accountant and auditor for 20 years after falsifying documents, misusing partner signatures and deceiving audit partners
In a bid to end the dire shortage of public sector auditors, the Financial Reporting Council (FRC) has published the criteria to assess local audit specialist training programmes
London listed Griffin Mining has replaced PwC with BDO with immediate effect to fill a ‘casual vacancy’, stressing decision not influenced by China fine on Big Four auditor
With increased demand for sustainability assurance, there are concerns over inconsistency in quality of the work and high prices charged by audit firms and specialist providers
The audit regulator has confirmed that PwC, Deloitte, EY and KPMG have severed ties with the non-audit parts of their firms to reduce conflicts of interest
In this month’s exclusive free CPD module, we explain the latest audit requirements under ISA (UK) 600 Revised focusing on special considerations that apply in audits of group financial statements
Howard Gross, director of the Society of Professional Accountants argues that UK regulators must take action to reduce complexity when introducing British version of audit rules for less complex entities
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