Audit | AccountingWEB


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


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


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.


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


I have been approached by a new client through recommendation. It is a small family run business who are exempt from audit but their bankers require them to do so.


Listed companies will have to re-tender the contract for their auditors every 10 years after politicians in the European Parliament voted to reform European audit rules.

The Financial Reporting Council (FRC) is extending its investigation into the discredited Cup Trust tax avoidance scheme to include the charity’s auditor, Hillie

Ernst & Young turned a blind eye when Dubai's biggest gold refiner broke rules designed to stop gold mined in conflict zones from entering the global supply chain, a whistleblower at the ac