As audit firms get into gear to plan their December 2013 year-end audits, Steve Collings takes a look at 10 of the most common pitfalls flagged up by file reviewer
The Financial Reporting Council (FRC) has opened an investigation into the “preparation, approval and audit” of the Co-operative Bank’s financial statements up to and including the year ended 31 De
KPMG partner Andrew Walker told MPs last week how he had advised Co-op Bank during its disastrous takeover of Britannia Building Society.
As part of the changes to the EU’s accounting directives, the level at which an organisation is exempt from audit has been raised.
As the Co-operative Bank prepares to cut hundreds of jobs as part of a rescue plan, questions have been asked about the thoroughness of it's auditor, KPMG.
The Competition Commission (CC) has backtracked on its requirement for companies to tender for a new auditor every five years and instead is calling for FTSE 350 c
During the early part of this century UK and Ireland auditing standards were replaced by International Standards on Auditing (ISAs).
Audit firms with academies as their clients will be turning their attention to the 2013 audits and undoubtedly digesting the content of the latest
Finance bosses at the UK’s largest companies have claimed that they don’t understand the Competition Commission’s (CC) mandatory audit tendering proposals to refor