Practice Q&A: IES 8, GDPR, and payment services regulations
ICAEW experts tackle questions on the required changes due to IES 8, the GDPR and the Payment Services Regulations 2017
BDO Spain fined over porn company audits
Firm repeatedly failed to exercise professional care and scepticism over audits of US porn company
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?
Deloitte resigns from Linklaters audit
PwC will replace its Big Four rival after a professional negligence claim by former Arsenal shareholder Lady Nina Bracewell-Smith
Will increasing competition actually help audit?
Can we really expect more rigorous audits by simply reducing the risk of conflict by increasing competition?
Breaking up is hard to do, say auditors
WPC chair Frank Field slams the Big Four for failing to entertain his suggestion that they need to be broken up
Accounting for micro-entities
Auditors are worried that opinions for the smallest company audits might not pass the Ronseal test
Large firms fall foul of PCAOB inspectors
PCAOB finds serious faults in audits done by member firms of the world’s largest accountancy networks
Three former KPMG partners face lengthy prison sentences
If found guilty, three former KPMG US partners accused of using leaked data about audit inspections could go to prison for up to 85 years
Opening the black box of audit
What does the UK’s trailblazing experience in extended auditor reports mean for the future of audit reporting?
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