This month’s exclusive CPD module provides an introduction to non-audit assurance services by Steve Collings FCCA, and is free for our registered readers
BDO and long-time partner fined £1,379,875 for ‘significant and serious’ breaches in audit work for now liquidated NMCN, with problems on going concern, revenue recognition and control sampling
An overhaul of the regulator’s supervisory model marks a shift to risk-based audit inspections and more focus on systems of quality management (SoQM). Stuart Brown, head of technical and compliance, Duncan & Toplis examines the implications for auditors
Nadia Mayer LLB, legal technical writer at Croner, explains the AI issues for audit committees after FRC issues first guidance on the use of generative and agentic AI
Sophie Brookes and Debbie Shaw assess rulings on treating accounting liabilities as assets in Nawaz-Khan, whether auditors have duty to report fraud to individual shareholders in Crowe, and director misconduct and insolvency in Greensill case
Hong Kong regulator slaps £28m fine on Big Four giant PwC and two partners for ‘egregious and wholly unacceptable’ misconduct related to audits for collapsed Chinese property developer Evergrande
Revised accounting rules for academy schools for 2025-26 accounts now available with clarifications on related party transactions and employment benefits disclosures
Church of England confirms Bishop of Salisbury ‘stepped back’ after investigation launched into two financial funds related to his office at Salisbury Cathedral