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UK’s FRC: accounting profession needs to lead by example on diversity

  • Author: Joe Pickard
  • Published: 21 Oct 2019

With the majority of partner level positions being held by white men, the audit and accountancy profession is lagging behind other businesses when.... read more

EY launches public finance blockchain to improve government transparency

  • Published: 18 Oct 2019

EY has launched a blockchain-enabled solution, EY OpsChain Public Finance Manager (PFM), designed to help governments improve their process for.... read more

Kingman expresses concern of ‘letting the FRC drift on’

  • Author: Joe Pickard
  • Published: 16 Oct 2019

Legal & General group chairman Jon Kingman, who led the review into the UK’s Financial Reporting Council (FRC), has expressed his concern to the.... read more

UK’s FRC fines jump to record high

  • Author: Joe Pickard
  • Published: 15 Oct 2019

Fines issued by the UK's Financial Reporting Council's (FRC) to audit firms increased by 44% year-on-year to £24.3m ($30.76m) for the year ended 30.... read more

UK Accountants risk their jobs over inappropriate behaviour at work

  • Published: 14 Oct 2019

Nearly 52.6% of accounting and finance employers have experienced inappropriate behaviour from their employees in the workplace, with 40% having to.... read more

RSM International appoints global chief innovation officer

  • Author: Joe Pickard
  • Published: 10 Oct 2019

RSM International has appointed Paul Herring as its first global chief innovation officer, who will join the global executive office, reporting.... read more

Moore Global appoints new chairman

  • Published: 8 Oct 2019

Andy Armanino has been appointed as chariman of Moore Global, following the resignation of Richard Moore who served as chair for 15 years.. read more

21% of JSE-listed companies have changed their auditors ahead of MAFR deadline

  • Published: 8 Oct 2019

With less than four years remaining until the effective date of Mandatory Audit Firm Rotation (MAFR) (1 April 2023) in South Africa, roughly 21% of.... read more

The Digital Accountancy Awards 2019 winners announced

  • Published: 4 Oct 2019

The winners of the Digital Accountancy Forum & Awards 2019 were revealed during a gala dinner held at the Waldorf Hilton in London on 3 October.. read more

ICAEW and ICAI join to sign MoU

  • Published: 4 Oct 2019

The Institute of Chartered Accountants in England and Wales (ICAEW) and the Institute of Chartered Accountants of India (ICAI), have signed a.... read more

UK’s FRC launches investigation into Thomas Cook audit

  • Published: 1 Oct 2019

The UK’s Financial Reporting Council (FRC) has launched an investigation into the audit by EY of the financial statements of Thomas Cook for the.... read more

KPMG UK tell staff to return mobile devices

  • Published: 1 Oct 2019

KPMG has told hundreds of its UK employees to turn in their company mobile phones. The request was made as part of a cost-saving policy amid its.... read more

Strengthened Going Concern standard for UK Auditors

  • Author: Joe Pickard
  • Published: 30 Sep 2019

The UK’s Financial Reporting Council has issued a revised going concern standard in response to recent enforcement cases.. read more

Alliance of accounting organisations finds multidisciplinary firm structure benefits audit quality

  • Author: Joe Pickard
  • Published: 27 Sep 2019

A global alliance of accounting organisations has found firms that offer both audit and non-audit services are best positioned to deliver robust.... read more

FRC: Audit firm transparency reports not visible enough and ineffective

  • Author: Joe Pickard
  • Published: 26 Sep 2019

The UK’s Financial Reporting Council (FRC) has found transparency reporting by accountancy firms performing audits to be currently ineffective with.... read more

UK’s FRC considering possible investigation into Thomas Cook

  • Author: Joe Pickard
  • Published: 24 Sep 2019

The UK’s Financial Reporting Council (FRC) is considering if there is any case for an investigation into the travel group Thomas Cook which went.... read more

PwC US charged with violating auditor independence rules

  • Author: Joe Pickard
  • Published: 24 Sep 2019

The US’ Securities and Exchange Commission (SEC) has charged PwC US with improper professional conduct and violating auditor independence rules..... read more

Grant Thornton US report record revenues of $1.9bn for FY 2019

  • Author: Joe Pickard
  • Published: 24 Sep 2019

Grant Thornton LLP, the US member firm of Grant Thornton International, has reported record revenues of $1.9bn for FY ended 31 July 2019. The.... read more

KPMG UK to make large scale redundancies of its admin staff

  • Published: 19 Sep 2019

KPMG UK has made plans to cut its administrative assistant staff by almost a third in an attempt to cut costs to the business.. read more

Tilney and Smith & Williamson agree merger in £625m deal

  • Published: 19 Sep 2019

Tilney and Smith & Williamson have reached an agreement on a ‘transformational’ merger to combine their respective businesses, becoming one of the.... read more

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