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Latest News - Assurance and Accounting

Analysis: The big Brexit gamble and the profession

  • Author: Ana Gyorkos
  • Published: 26 Jun 2016

Brexit has multiple dimensions politically and economically and puts Britain in uncharted territory. It also has the same ramifications for the.... read more

IAB and TA Brexit poll: Profession wants to remain in the EU

  • Author: Vincent Huck
  • Published: 13 Jun 2016

Accounting professionals are overwhelmingly in favour of staying in the European Union (EU) according to a poll conducted by International.... read more

UK FTSE350 underprepared for audit rotation rules

  • Author: Ana Gyorkos
  • Published: 4 Apr 2016

Three in five FTSE350 companies are yet to prepare a full strategic plan around audit rotation rules, which is due to take effect in June 2016,.... read more

What about the culture of the auditor?

  • Author: Vincent Huck
  • Published: 24 Nov 2015

Earlier this month and as a follow up to its 10th year anniversary event, the Audit Quality Forum (AQF) organised a panel discussion on whether.... read more

Syria’s only status quo

  • Author: Vincent Huck
  • Published: 23 Nov 2015

As Syria’s turmoil shows no sign of slowing down, businesses and professional service firms hold tight in the hope that peace will come back, while.... read more

Russian firms brace themselves for wave of accountancy body mergers

  • Author: Vincent Huck
  • Published: 26 Oct 2015

As a consequence of a law passed by the Russian government last December, and currently being implemented, Russia’s self-regulated audit institutes.... read more

Dutch MoF Dijsselbloem: Auditors have to change their corporate culture

  • Author: Vincent Huck
  • Published: 25 Sep 2015

The Netherlands Minister of Finance Jeroen Dijsselbloem has told auditors that politicians and regulators had taken the first step for the.... read more

Singaporean regulator criticises audit quality of small practices

  • Author: Vincent Huck
  • Published: 22 Sep 2015

The Singaporean regulator, Accounting and Corporate Regulatory Authority (ACRA), has released the findings of its inspection of audit firms in.... read more

Tempest in a teapot at PKF Uganda?

  • Author: Vincent Huck
  • Published: 8 Sep 2015

PKF Uganda managing partner Charles Oguttu has dismissed claims that the firm was on the verge of collapse following a dispute between auditors.. read more

Grant Thornton UK students sign up to new audit qualification

  • Author: Vincent Huck
  • Published: 27 Aug 2015

Thirty five Grant Thornton UK students have signed up for the new integrated qualification (IQ) in audit created by the Institute of Chartered.... read more

Technology: the key to audit’s future

  • Author: Vincent Huck
  • Published: 17 Aug 2015

U.S. executives, board members and academics say external audit needs to evolve, with a majority indicating technology is the force that will.... read more

EY ShinNihon will audit Toshiba’s corrected accounts… while under investigation

  • Author: Vincent Huck
  • Published: 5 Aug 2015

The Japanese Institute of Certified Public Accountants (JICPA), a self-disciplinary professional body, has launched an investigation into EY.... read more

UK FRC launches investigation into RSM Tenon and KPMG

  • Author: IAB
  • Published: 5 Aug 2015

The UK Financial Reporting Council (FRC) has announced an investigation into the auditors of insurance technology provider Quindell Plc, for.... read more

Singapore Airlines seeks first change of auditors in four decades

  • Author: Vincent Huck
  • Published: 1 Jul 2015

In a letter to their shareholders, Singapore Airlines has proposed the appointment of KPMG as its new external auditor to replace EY, their.... read more

PwC UK loses third major audit client in a month

  • Published: 4 Jun 2015

PwC UK has received yet another blow as department store chain John Lewis announced the firm will be replaced by Big Four competitor KPMG UK.. read more

Quashing conventional wisdom about outsourcing

  • Author: Vincent Huck
  • Published: 3 Jun 2015

A recent survey by Grant Thornton has found that while conventional wisdom might suggest typical outsourcers to be small businesses looking for.... read more

Burundi: local firms beneficiate from a small market and language barrier

  • Author: Vincent Huck
  • Published: 29 May 2015

Pailles, Mauritius/London. The president of Burundi's accountancy professional body, Frederic Gahungu, told International Accounting Bulletin that.... read more

Smaller companies' audit quality continues to suffer

  • Author: Isabella Grotto
  • Published: 29 May 2015

The UK's Financial Reporting Council (FRC)'s annual audit quality review (AQR) has found the audits of smaller clients are far more likely to.... read more

Greek profession at a standstill as Grexit looms

  • Published: 26 May 2015

As Greece is immersed in seemingly unfruitful negotiations with its creditors, the accounting sector finds itself trapped in a motionless market.... read more

Turkey: Surge in audit opportunities challenged by fee pressure

  • Author: Isabella Grotto
  • Published: 22 May 2015

Fee pressure is threatening the benefits of a sudden influx of audit-seeking clients into the Turkish market, the International Accounting.... read more

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