Finance | MoD only recovers £2.8m a year from internal fraud

Watchdog criticises siloed working across counter fraud teams at Ministry of Defence with high levels of invoice fraud and lack of proper financial oversight of procurement

4 Feb 2026

Finance

Auditing

Public Sector

Finance | Retired EY partner to head up US audit regulator

Major overhaul of US regulator sees former EY partner named as chair of Public Company Accounting Oversight Board in shift to ‘sensible oversight’

4 Feb 2026

Finance

Auditing

Corporate Governance

Finance | EY settles £2bn NMC audit negligence claim out of court

Weeks before a ruling at the High Court after 12-week trial last year, EY settles audit negligence claim out of court with administrators of NMC Health 

3 Feb 2026

Finance

Auditing

Corporate Governance

Finance | First woman shares The Traitors win as auditor banished

After three weeks in the castle, internal auditor Faraaz Noor fell at the last hurdle of The Traitors, leaving the way open for his co-conspirators

26 Jan 2026

Finance

Auditing

Finance | Outside chance for internal auditor Noor in The Traitors final

Faraaz Noor, internal auditor and one of the remaining Faithfuls survives days of intrigue to enter The Traitors final

23 Jan 2026

Finance

Auditing

Finance | Schroder trust swaps EY for £152k audit

Main market listed Schroder British Opportunities Trust hires Johnston Carmichael as statutory auditor after spell with Big Four firm

22 Jan 2026

Finance

Auditing

Corporate Governance

Finance | Government abandons audit reform

Long-awaited reform of the audit market will not go ahead as does not fit with government plans to deregulate to drive economic growth

20 Jan 2026

Finance

Auditing

Audit Regulations

Corporate Governance

Finance | Internal auditor Faraaz Noor stars in The Traitors

Fans of hit TV show The Traitors need to put their faith in the sleuthing skills of an internal auditor from Middlesborough, one of this year’s faithfuls

16 Jan 2026

Finance

Auditing

Finance | FRP Advisory hires PKF firm for £200k audit

FTSE listed business restructuring specialist FRP Advisory Group appoints PKF Littlejohn as auditor with immediate effect

14 Jan 2026

Finance

Auditing

Corporate Governance

Finance | Local authority audits still need to 'up their game’, MPs told

MPs label Treasury minister’s findings ‘not acceptable’ as 145 local authorities plan to publish accounts with missing data for 2024-25 and need to ‘up their game’

13 Jan 2026

Finance

Financial Reporting

Auditing

Finance | EY faces probe over partner rotation on Shell audit

Regulator to investigate EY audit of Shell’s global operations over possible breaches of partner rotation rules and FRC Ethical Standard on £55m annual audit for oil giant

15 Dec 2025

Finance

Auditing

Corporate Governance

Finance | EY faces investigation into unauthorised audit sign-offs

Two partners and EY under investigation by regulator over unauthorised sign-off on a number of audits for unnamed listed clients

10 Dec 2025

Finance

Auditing

Corporate Governance

Finance | Mobico hires KPMG for £3.4m audit

Listed transport group Mobico appoints KPMG for multimillion pound audit and changes accounting year end to give new firm time to complete current audit 

9 Dec 2025

Finance

Auditing

Corporate Governance

Finance | Fidelity China hires PwC for £62k audit

London listed Fidelity China Special Situations plc appoints PwC after incumbent Big Four auditor reaches 10-year limit

1 Dec 2025

Finance

Auditing

Corporate Governance

Finance | ChatGPT in audit: helpful assistant or hidden hazard?

Using ChatGPT to speed up the audit process may sound like a quick win, but there are potential risks to watch out for, explains Ollie Garrod ACA at Croner-i

24 Nov 2025

Finance

Financial Reporting

Auditing