One of the side effects of doing an AP audit is discovering fraud within an organization.
Chinese affiliates of the Big Four accounting firms have appealed a US judge ruling suspending them from auditing US-traded clients for six months.
Professional bodies and large firms have begun a counter-offensive emphasising the value of audit ahead of market reforms expected from Europe. Nick Huber reports.
KPMG has resigned as auditor of Poundworld, claiming that the single-price retailer provided it with "misleading information".
Big Four accountancy firm willhave to pay $8.2m to settle c
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.