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Latest News - Assurance and Accounting

FTSE 350 audit tenders set to double in 2014: PwC UK

  • Author: Ana Gyorkos
  • Published: 18 Aug 2014

Among the UK FTSE 350 there could be as many as 56 audit tenders in 2014, compared to 30 tenders in 2013 and 18 in 2012, according to PwC UK.... read more

EY partners with consultancy The Parthenon Group

  • Author: IAB
  • Published: 21 Jul 2014

EY has signed an agreement with global strategy consultant The Parthenon Group to combine operations worldwide, subject to the satisfaction of.... read more

HLB International admits six member firms

  • Author: IAB
  • Published: 18 Jul 2014

HLB International has added six member firms to its network.. read more

KPMG UK expands competition economics practice

  • Author: IAB
  • Published: 15 Jul 2014

KPMG UK has appointed Josh White as associate director to the firm’s competition economics practice.. read more

SEC and EY settle for $4m over auditor independence breach

  • Published: 15 Jul 2014

The Securities and Exchange Commission (SEC) has charged EY with violations of auditor independence rules, which has resulted in a settlement.... read more

EY first Big Four firm to offer assurance services in Myanmar

  • Author: Vincent Huck
  • Published: 1 Jul 2014

EY has added Burmese firm EY UTW to its network and as a result will be the first Big Four firm to offer assurance services in Myanmar.. read more

Improved corporate reporting needed to boost infrastructure investments

  • Published: 25 Jun 2014

Traditional financial statements do not give investors the long term focus they need in their decision making, and improvements to corporate.... read more

FRC audit inspection continue to expose reoccurring threats

  • Author: Ana Gyorkos
  • Published: 28 May 2014

The inspection of UK firm audits has shown that there are still persistent concerns over auditor independence, fees, IT systems and audits of banks.... read more

Moore Stephens International acquires US firm

  • Author: IAB editorial
  • Published: 19 May 2014

Moore Stephens International member firm Carr, Riggs & Ingram (CRI) has acquired Tampa-based firm Auditwerx, which will merge as a CRI division.. read more

BDO US expands in Texas

  • Author: IAB editorial
  • Published: 15 May 2014

BDO US has taken on the staff and partners from Fort Worth based firm Hartman Leito & Bolt, effective 1 June. read more

Analysis: Alibaba flotation throws lifeline in US-China rift

  • Author: Isabella Grotto
  • Published: 14 May 2014

Excitement is mounting for Chinese-based e-commerce giant Alibaba’s listing in New York later this year. As the regulatory audit oversight.... read more

Big Four win right to petition for review on Chinese firms ban

  • Author: Carlos Martin Tornero
  • Published: 12 May 2014

The US Securities and Exchange Commission (SEC) has granted the petition for review issued by the Big Four, whereby the accounting firms aim to.... read more

Auren aims for greater recognition on the international stage

  • Author: Vincent Huck
  • Published: 1 May 2014

Auren International wants to capitalise on its recent admission to the Forum of Firms (FoF) to become a serious alternative to the big firms at.... read more

Baker Tilly UK needs to be more responsive to AQR findings: FRC

  • Author: Jonathan Minter
  • Published: 17 Apr 2014

A UK Financial Reporting Council (FRC) audit quality review (AQR) of Baker Tilly UK found half the audit’s required “significant improvements”.. read more

Baker Tilly UK opts for RSM International

  • Author: Ana Gyorkos
  • Published: 15 Apr 2014

Baker Tilly UK is to join RSM International, several months after it bought major parts of troubled RSM Tenon in a pre-pack deal.. read more

EU audit reform creates potential for regulatory divergence: IFAC

  • Author: Jonathan Minter
  • Published: 7 Apr 2014

The International Federation of Accountants (IFAC) has predicted that certain aspects of the EU audit reform voted through the European Parliament.... read more

Watershed moment for auditor’s report reform: Doty

  • Author: Jonathan Minter
  • Published: 4 Apr 2014

The Public Company Accounting Oversight Board (PCAOB) chairman James Doty has described the PCAOB’s proposed standards on the auditor’s reporting.... read more

Profession raises concerns over EU audit reform implementation

  • Author: Vincent Huck
  • Published: 3 Apr 2014

Firms, professional bodies and regulators have welcomed the vote from the European Parliament on the long awaited audit reform, arguing that it.... read more

European Parliament ready to vote audit reform

  • Author: Vincent Huck
  • Published: 2 Apr 2014

The European Parliament (EP) will vote tomorrow on the proposed EU audit reform agreed in trialogue negotiations between representatives of the.... read more

Diversity and inclusion initiative launched to tackle UK profession talent gap

  • Author: Vincent Huck
  • Published: 2 Apr 2014

A consortium of firms and accountancy bodies has launched today an initiative aimed at tackling the UK profession’s talent gap by giving every.... read more

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