2 January, 2020
Key trends in corporate governance for 2020
'The government needs to push through key business reforms' Roger Barker, head of corporate governance at the
19 December, 2019
Brydon review: ‘true and fair’ must go while fraud becomes auditor responsibility
The long-standing “true and fair view" principle at the heart of accounting and auditing in the UK and many other jurisdictions could be changed following the government-commissioned Brydon review o...
3 December, 2019
Audit committees ‘need a makeover’ to help fix audit
The UK government may have placed audit reform on hold while it goes through the torture of a general election, but others continue to debate and call for improvements to audit committees. Not leas...
25 November, 2019
Conservatives focus on executive pay and audit reform
Executive pay will be in the crosshairs of a new Tory government, should Boris Johnson be elected as prime minister, according to
22 November, 2019
US audit committees ‘could do better’ on disclosures
US audit committees have made great strides to improve transparency surrounding their work, though some areas remain stubbornly in the dark, according to a new study. A
8 November, 2019
Auditors struggling to challenge management, says FRC
One of the frequent complaints made of auditors is that they get too cosy with their clients. A report from the UK’s audit watchdog has concluded that they are, at the very least, shy of challenging...
5 November, 2019
Thomas Cook review urges action on audit reform and bonus clawbacks
The UK government has come under fresh criticism for failing to make progress on reforming audit and auditors, while it also faces demands to make it easier to enforce bonus clawbacks from directors i...
28 October, 2019
Big Four accountancy firms see decline in combined audit income growth
The growth in audit fees for Big Four firms has fallen back significantly to one of its lowest levels since 2010. Audit fees grew by 1.7% for Big Four firms combined—PwC, EY, Deloitte and KPMG—...
16 October, 2019
Sir John Kingman warns government over unfinished FRC reforms
The author of a report recommending extensive reform of the UK’s financial reporting and audit watchdog is unhappy with its progress. Indeed, Sir John Kingman, the chair of Legal & General,
3 September, 2019
