
4 December, 2020
Evidence builds for introduction of new audit committee standards
Audit committees should brace themselves for significant change after a new report prompted the UK audit watchdog to suggest it provides support for the introduction of new audit standards. Accordi...
14 October, 2020
BDO now biggest auditor in the UK by number of listed clients
The audit market continues to transform. Figures released this week show that BDO is now the biggest auditor in...
4 September, 2020
PwC loses top spot in the FTSE 100 audit rankings to KPMG
For those intrigued by the arcane world of audit a small earthquake has just occured. PwC, for some time the UK’s most significant auditor of FTSE 100 companies, has lost its top position. Resear...
26 August, 2020
Relationship audit: how to maximise the benefits of your AIM auditors
Republished to mark AIM...
27 July, 2020
Audit keeps failing—here’s why a fundamental change is needed
A massive shakeup of the UK’s audit industry is on the cards. The Big Four, which audit all of the FTSE 100 and 21 of the FTSE 250, have been told by the accounting regulator
14 July, 2020
FRC scrutiny of audit quality reveals “unacceptable” level of issues
There is fresh criticism of auditors this week, as regulators report a third of audits inspected during the past year required a level of improvement that is “unacceptable”. Audit firms have al...
6 July, 2020
FRC issues principles for separation of audit from other services
A landmark in the reform of the UK audit market has been reached with the Big Four firms put on notice that the “operational separation” of audit from other services must take place by the end of ...
12 June, 2020
BDO client increase sees it overtake KPMG in UK auditor rankings
Change may be under way in the audit market, albeit tentatively. BDO, an audit firm outside the global Big Four, has become the second largest firm by number of listed clients in the UK, overtaking KP...
10 March, 2020
FRC chief indicates support for a UK version of Sarbanes-Oxley
The UK’s leading corporate governance regulator has raised the prospect of new US-style laws that would force finance directors and chief executives to personally attest to the veracity of their int...
28 January, 2020
UK government could introduce shared audits for large companies
Is the government heading towards introducing shared audits for the UK biggest companies? That’s the suggestion made in The Sunday Times at the weekend. It’s difficult to tell exactly ...- 1
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