Tag: audit firm governance
ICAEW report reveals a quarter of non-PIE audits require improvement
Problems cited include “insufficient scepticism and challenge of management”, poor documentation and failure to test management forecasts.
Mazars wins Goldman Sachs audit deal amid debate on market reform
The contract means Goldman Sachs will be the only sizeable bank to be audited by a firm that is not one of the Big Four—with significance for other smaller audit firms and the future of the audit market.
Watchdog to review audit firm governance and culture
Regulator concerned that in dealing with “perceived” conflicts of interests not all auditors are acting in investors’ best interests.