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Latest News - Assurance and Accounting

IMF recommends independent audit of Ukrainian banks

  • Author: Jonathan Minter
  • Published: 1 Nov 2013

An International Monetary Fund (IMF) mission to Ukraine has recommended authorities conduct an independent audit of the country’s banks to increase.... read more

KPMG appoints Islamic finance leadership team

  • Author: IAB editorial
  • Published: 28 Oct 2013

KPMG has appointed a global Islamic finance leadership team to support its growing Islamic finance practise.. read more

South African forensic expert murdered

  • Author: Vincent Huck
  • Published: 23 Oct 2013

SizweNtsalubaGobodo director of forensic services Lawrence Moepi was shot dead at the firm’s office in Johannesburg last Friday, in what is.... read more

HLB International adds firms in Norway and Moldova

  • Author: IAB editorial
  • Published: 7 Oct 2013

HLB International has added the firms Expat Norway, Dataplan and PAA Tax Legal Consulting to its network in Norway and Moldova. read more

DFK International Chinese members form umbrella group

  • Published: 3 Oct 2013

DFK International Chinese member firms have formed an umbrella organisation with the objective of becoming a national group.. read more

UEFA Financial Fair Play: possible own goal

  • Author: Vincent Huck
  • Published: 25 Sep 2013

The Union of European Football Associations (UEFA) Financial Fair Play regulations (FFP rules) might create a conflict of interest for some.... read more

GGI adds Norwegian firm

  • Author: IAB editorial
  • Published: 18 Sep 2013

Geneva Group International (GGI) has added Revisjonsfimaet Flattum & Co to its association.. read more

DFK International adds firm in Australia

  • Author: IAB editorial
  • Published: 18 Sep 2013

DFK International has added Australian firm Crosbie Warren Sinclair (CWS).. read more

The UK CC delays publication of audit market investigation

  • Author: Vincent Huck
  • Published: 16 Sep 2013

The UK Competition Commission has moved its statutory audit market investigation dates, from September to mid-end October.. read more

UK FRC to investigate PwC's audit of Berkeley Group

  • Author: Vincent Huck
  • Published: 16 Sep 2013

The UK Financial Reporting Council (FRC) opened an investigation into whether PwC UK was acting independently when it audited UK house builder.... read more

HLB International adds Belgian firm

  • Author: IAB editorial
  • Published: 10 Sep 2013

HLB International has added HLB Antwerp Fiducia to its network.. read more

PCAOB critical of KPMG and PwC audits

  • Author: Jonathan Minter
  • Published: 30 Aug 2013

The US Public Company Accounting Oversight Board (PCAOB) has found a number of flaws in audits conducted by PwC US and KPMG US between 2011 and.... read more

Standard Chartered puts audit out to tender

  • Author: Jonathan Minter
  • Published: 27 Aug 2013

Standard Chartered has become the latest bank to put its audit out to tender.. read more

US audit fees shrinking

  • Author: Vincent Huck
  • Published: 21 Aug 2013

In the past decade the ratio of audit fees over revenue of US public companies shrank, according to the latest audit fee report by US research.... read more

Five year retendering unnecessary and expensive: PwC

  • Author: IAB editorial
  • Published: 16 Aug 2013

PwC UK said five year mandatory audit retendering for FTSE350 companies would prove to be costly and warned it could devalue the tender process..... read more

PCAOB to overhaul auditor’s reporting model

  • Author: Jonathan Minter
  • Published: 14 Aug 2013

The US Public Company Account Oversight Board (PCAOB) has proposed significant changes to auditor’s reporting model for US public companies, in.... read more

PwC UK to replace Deloitte UK as Hargreaves Lansdown Group’s auditor

  • Author: Jonathan Minter
  • Published: 30 Jul 2013

PwC UK is to replace Deloitte UK as FTSE 100 independent financial service provider Hargreaves Lansdown Group’s auditor from 24 October 2013.. read more

Unilever's audit up for tender

  • Author: Jonathan Minter
  • Published: 26 Jul 2013

Global household products manufacturer Unilever is to invite accountancy firms to tender for its statutory audit contract when PwC complete their.... read more

FRC issues audit tendering advice

  • Author: Sophie Exton
  • Published: 10 Jul 2013

The UK Financial Reporting Council (FRC) has published practical suggestions to help companies undertake an efficient process when putting their.... read more

US Congress votes to ban mandatory audit rotation

  • Author: Jonathan Minter
  • Published: 9 Jul 2013

The US House of Congress has voted through H.R. 1564: The Audit Integrity and Job Protection Act, by 321 votes to 62.. read more

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