Tag: KPMG
Regulator to investigate KPMG’s audit of Rolls-Royce
KPMG’s audit of scandal-hit engine maker Rolls-Royce has come under scrutiny by the Financial Reporting Council.
Why audit committees worry about risk management systems
Audit committees are worried that boards have failed to grasp the risk nettle. Diversity of thought, and agility to react to change, should be central to good governance.
Audit committees and the environment
Higher audit quality committees produce higher quality environmental disclosures, according to a new study.
Survey finds ‘substantial work’ needed on risk management
Research finds that many audit committee members believe their risk management programmes need attention, while for many, managing major risk is becoming “increasingly difficult”.
Boards face ‘industrialisation’ of cyber-threat
Executives could demand “unreasonable certainty” over cyber-security.
Watchdog investigates KPMG over HBOS
UK’s Financial Reporting Council to investigate auditors KPMG over “going concern” assumption at HBOS.
Survey reveals lack of satisfaction with executive skills
Executives are concerned with finding the right mix of boardroom skills, yet one in three boards have failed to properly discuss succession.
Story telling
Narrative reporting has evolved significantly over the past five years. Reports provide a much broader range of non-financial information, but has the quality of information kept pace with this change?
Three things that matter
The UK governance code now includes requirements for a “viability statement”—a fresh challenge for non-executives that demands a robust process.
Longevity of US auditors criticised
Sweden’s national pension fund takes a swipe at long-standing audit relationships in the US.