Steve Collings embarks on a series of articles to highlight the key principles within the new “clarified” ISAs that audit firms will need to observe.
A House of Lords committee this morning called for the Office of Fair Trading to investigate concentration within the audit market.
My audit client has gone into liquidation despite the parent company (whom I do not audit) providing me with a continuing letter of support as part of my audit (so signed off as a going concern).
Following business secretary Vince Cable’s announcement that he planned to remove many companies from the UK statutory audit regime, Steve Collings took soundings from practitioners and other i
Business secretary Vince Cable has pledged to remove the need for independently audited accounts for tens of thousands of small businesses.
Due to the new Clarified auditing standards which are now beginning to bite for audits of accounts for periods ending on or after 15 December 2010, the Auditing Practices Board (APB) is startin
The profession's disciplinary body has launched an investigation into the auditors of failed aircraft parts wholesaler Aero Inventory.
No sooner does a change in the format of the auditor’s report get issued by the Auditing Practices Board (APB), it changes again and this trait is still continuing as the auditor’s report on fi
The Pensions Regulator this month issued guidance telling trustees what they can expect their auditor to check.
In an age where auditing and financial reporting are heavily regulated by both the professional bodies and external regulators, such as the Audit Inspection Unit, practitioners often ask me dur