Audit

KPMG will soon publish a review of its audit of Irish Nationwide Building Society after the mutual had to be nationalised in 2010 because of multi-billion pound losses.

1

Eight large retailers have agreed a time limit on forensic audits that are used to check if suppliers owe them money.

2

Audit firms have until the end of the year to stop providing tax services based on how much money they save their client, the Financial Reporting Council (FRC) has said.

FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland, is considered to be the most significant change in financial reporting for

A proposal to abolish the requirement for law firms to pay for an annual accountant’s report could save law firms £30m a year, but disputes over clients' finances may offset any savings, accoun

22

An accountant has succeeded in an appeal to get his ICAEW disciplinary sanctions for breaching audit regulations reduced.  

9

EY has been appointed auditor for the London Stock Exchange (LSE), replacing PwC who has been auditor since 1998.

The audit contract was re-tendered in December.

1

The Financial Reporting Council (FRC) highlighted shortcomings in Baker Tilly's audit work following a regulatory inspection.

Morrison Supermarkets has ended its external audit contract with KPMG and switched to PwC in line with corporate governance guidance from the regulator to tender c

3

Pages