Audit Regulations

Latest news

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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 | 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 | 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 | 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 | ‘Need to get on with audit reform’ seven years after Carillion

Plans to introduce long-delayed legislation for audit reform will go ahead in the first half of 2025 but new ARGA audit regulator will not be in place before 2028

12 Dec 2024

Finance | Overhaul of ISA (UK) 600 Group audits: tips and advice

Whether you are a group auditor or the component auditor, have you factored in the revised ISA (UK) 600? John Selwood ACA takes a deep dive into the major changes

27 Nov 2024

Business | Big Four complete audit service line restructure

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

15 Oct 2024

Finance | CPD module: ISA (UK) 600 Revised – Group Audits

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

4 Oct 2024

Finance

Auditing

Audit Regulations

Finance | NAO issues guidance on auditing cloud services

The National Audit Office has updated the guidance for audit committees auditing cloud services, covering due diligence, strategic assessment and potential risks

17 Sep 2024

Finance | Register for webinar on audit tips and advice

13 Sep 2024

Finance | First Internal Audit Code of Practice to ‘tackle emerging risks’

The Chartered Institute of Internal Auditors has released its first ever Code of Practice for internal auditors to improve corporate governance

11 Sep 2024

Finance | December deadline to sign off overdue local authority audits

Local authorities have been given less than five months to get auditor sign-off for the devastating backlog of 80% of 2022-23 audits as government takes swift action to get on top of unacceptable backlog

1 Aug 2024

Finance | FRC strengthens Ethical Standard for auditors

The audit regulator has updated the FRC Ethical Standard for auditors for the first time in five years with a new restriction on certain fees and alignment with the international ethics standard

15 Jan 2024

Corporate Governance

Audit Regulations

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Finance | Firms fined record £33.2m for audit failures

Poor performance by audit firms led to the regulator issuing record fines of £33.2m for audit misconduct in 2022-23, up slightly from £32.8m the previous year

11 Jan 2024

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Tax Services

Latest news

Finance | Non Big Four struggle to win sustainability assurance work

Finance | Is your company now exempt from audit?

Finance | CPD module: audit exemptions for companies

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

Finance | IAASB/IESBA joint ethics and sustainability reporting guidance

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

Finance | ‘Need to get on with audit reform’ seven years after Carillion

Finance | Overhaul of ISA (UK) 600 Group audits: tips and advice

Business | Big Four complete audit service line restructure

Finance | CPD module: ISA (UK) 600 Revised – Group Audits

Finance | NAO issues guidance on auditing cloud services

Finance | Register for webinar on audit tips and advice

Finance | First Internal Audit Code of Practice to ‘tackle emerging risks’

Finance | December deadline to sign off overdue local authority audits

Finance | FRC strengthens Ethical Standard for auditors

Finance | Firms fined record £33.2m for audit failures