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Showing 1-6 of 6 results

  1. KPMG fined over £3m for Rolls-Royce audit failings
    Financial reporting

    ... agreement with the SFO and paid £497.25m. Failure to exercise professional scepticism KPMG accepted that it failed ... This, the regulator ruled, amounted to serious failures to exercise professional scepticism, to obtain sufficient, ...

    24th May 2022 | Article

  3. Fourth time unlucky for HMRC at Supreme Court
    HMRC & policy

    19th Apr 2022 | Article

  4. Deloitte fined £2m over Mitie audit failures
    Financial reporting

    ... up Deloitte over its failure to challenge management and exercise sufficient professional scepticism over the ...

    21st Apr 2022 | Article

  5. Caution urged on data protection breach claims

    Financial reporting

    ... “Prudence is the inclusion of a degree of caution in the exercise of the judgements needed in making the estimates ... liabilities or expenses are not understated. However, the exercise of prudence does not allow the deliberate ...

    5th Apr 2022 | Article

  6. HMRC updates medical service VAT requirements
    HMRC & policy

    ... NHS). The upper tribunal ruled that, as Mainpay did not exercise control or supervision over the treatment of the ...

    8th Apr 2022 | Article