Calculator on top of business report

7 April, 2021

Audit and assurance policies: innovative ideas for change

While the attention of those interested in the reform of audit and corporate governance has naturally focused on government plans for legislative reform, ICAEW’s audit and assurance faculty has been...
auditor

29 September, 2020

ICAEW report reveals a quarter of non-PIE audits require improvement

The majority of non-public interest entity (PIE) audits are good. But a quarter need either improvement or significant improvement. That’s the conclusion of a
Covid-19, coronavirus, hits markets

21 July, 2020

Covid-19: FRC urges companies to provide ‘more extensive disclosures’

The campaign for companies to fully report the impact of Covid-19 on their performance continues. A report from the Financial Reporting Council (FRC) published this week sees the regulator “remindin...
Coins representing dividend payments

20 July, 2020

UK dividends slashed by a ‘dizzying’ £22bn in Q2

The pandemic has had an emphatic impact on rewards for shareholders. A report this reveals that dividend payments in the UK were cut in the second quarter by a “dizzying” 57.2%, or £22bn. The ...
Audit stamp, audit quality, auditor, Brydon review

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...
Elon Musk

17 September, 2018

Tale of Tesla’s Elon Musk is a ‘sadly familiar story’

There has been a long history of dominant, sometimes idiosyncratic and often irascible CEOs. They will court controversy—which can be directly related to the business’s strategy and operations,...
Deloitte, Big Four, audit

29 June, 2018

Deloitte investigated over SIG audit

Deloitte, the Big Four audit firm, is to have its audit of SIG, the building and materials supplier, investigated by a UK watchdog. The Financial Reporting Counci is to examine the audit of the FTS...
KPMG, Big Four

25 June, 2018

Audit industry to face fresh “root and branch” review by UK government

The UK government is to undertake a review of the audit industry, asking whether the current model for audit is fit for purpose. However, The Times reports this morning that the government...
Specialist Pay Consultants, remuneration

17 August, 2017

Specialist pay consultants and their relationship with the Remco

In recent years, two questions have become prominent in companies’ discussions on governance: How much should we pay executives, and how should we pay them? In answe...
reporting, financial reporting, audit, annual reports, corporate reporting

26 June, 2017

What’s next for corporate reporting: the technology question

The future of corporate reporting is a subject attracting much attention of late, with a flourish of activity in this space in recent years. In the UK we have seen an explosion in non-financial dis...