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Tag: managed shared audit

trust in audit

Investors’ trust in auditors grows

Faith in the independence and objectivity of auditors and satisfaction with the audit process have risen, according to a recent survey.

sustainability assurance

Support grows for a wider sustainability assurance market

UK watchdog’s proposal to place fewer restrictions on which firms can offer sustainability assurance garners support.

audit reform

Cross-party lobby pushes for audit reform

Promised reforms are ‘essential’, says a signed letter co-ordinated by the Chartered Institute of Internal Auditors.

lords to debate

Labour peer calls for audit reform ‘now’

After the business minister delayed the governance reform bill, Lord Sikka pointed to a ‘steady parade of audit failures’.

failure to reform audit

Failure to reform audit could hit taxpayers’ pockets

When large firms go bust, ‘the British public pays the price’ in bailouts, job losses and disruption, warns professor.

IoD

‘Uncertainty’ remains over audit reform

The Institute of Directors foresees a move forward by the government, but whether this will follow previous proposals is unclear.

FRC audit powers

UK audit market shows signs of diversifying

There has been an increase—albeit small—in challenger audit firms’ share of the takings, according to FRC figures.

ISG collapse

ISG’s demise triggers audit reform push

Building giant ISG goes into administration, highlighting the lack of progress on audit reform since Carillion’s collapse in 2018.

audit reform back on

Audit reform back on the government’s agenda

Today’s King’s Speech included a declaration that the UK would get a draft audit reform and corporate governance bill.

FRC audit powers

Business renews calls to government for audit reform

Accountancy body ACCA seeks ‘timetables for addressing key issues such as economic, fiscal and corporate governance reforms’.

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