Weighing up changes to IAASB standards
As the IAASB considers whether changes are required to international standards for agreed-upon procedures, how does this affect accountants undertaking such engagements?
Large firms fall foul of PCAOB inspectors
PCAOB finds serious faults in audits done by member firms of the world’s largest accountancy networks
Tackling the issue of auditors’ unlimited liability
The collapse of service and construction company Carillion has placed audit under the spotlight again but breaking up the Big Four is not the answer
Grant Thornton US “a case study for what not to do”
GT becomes first domestic firm to be sanctioned by regulator for breaches of quality control standards
A question of ethics
The new FRC Ethical Standard may raise more questions than it answers
Engagement terms: a cap that fits
Andrew Howell, partner at Taylor Wessing, considers the much-debated liability cap
Opening the black box of audit
What does the UK’s trailblazing experience in extended auditor reports mean for the future of audit reporting?
Profession criticises new audit proposals
Proposals from the Joint Monitoring Group to remove international audit and ethical standard-setting met with resistance
Babington new FRC deputy director
An ICAEW member has become the new deputy director of audit policy at FRC
Assessing audit effectiveness
William Touche at Deloitte asks how audit committees will assess the effectiveness of the external audit process
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