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IAASB proposes audit risk assessment standards revision

  • Author: Jonathan Minter
  • Published: 17 Jul 2018

The International Auditing and Assurance Standards Board (IAASB) has moved to update its standard on audit risk assessments, to take into account.... read more

MPs question PRA’s scrutiny of Grant Thornton

  • Author: Joe Pickard
  • Published: 16 Jul 2018

The chairs of three UK Government select committees have written to the Bank of England’s (BoE) Prudential Regulation Authority (PRA), questioning.... read more

Big Four reject break up calls

  • Author: Joe Pickard
  • Published: 13 Jul 2018

The Big Four have insisted on the importance of the continuation of their current model rather than being split up.. read more

CIPFA appoints new president

  • Author: Joe Pickard
  • Published: 11 Jul 2018

Grant Thornton UK’s head of public services Sarah Howard has become president of the Chartered Institute of Public Finance and Accountancy (CIPFA).. read more

ICAEW: Debate about auditor scepticism must be more substantial and constructive

  • Published: 10 Jul 2018

While auditors must work to improve professional scepticism in the accounting sector, the temptation to simply call for more scepticism “should be.... read more

IASB announces Management Commentary Consultative Group

  • Published: 10 Jul 2018

The International Accounting Standards Board (IASB) has named the membership of its Management Commentary Consultative Group (Consultative Group),.... read more

UK FRC looks in-house for new audit and actuarial director

  • Author: Jonathan Minter
  • Published: 5 Jul 2018

The UK’s Financial Reporting Council (FRC) has appointed Mike Suffield to executive director of audit and actuarial regulation, following the.... read more

GRI appointed to the European Commission’s Technical Expert Group on Sustainable Finance

  • Published: 5 Jul 2018

The Global Reporting Initiative (GRI) has been selected as part of a Technical Expert Group on Sustainable Finance, which was established to help.... read more

ICAEW launches AI and big data scheme

  • Author: Joe Pickard
  • Published: 4 Jul 2018

The Institute of Chartered Accountants in England and Wales (ICAEW) has launched an initiative to use AI and big data for corporate finance.... read more

OECD: Tax revenues are higher than in 2000

  • Author: Joe Pickard
  • Published: 2 Jul 2018

Countries have made progress towards mobilising domestic financing for development in the 21st century, a working paper published by the.... read more

IASB publishes discussion paper on accounting for financial instruments

  • Author: Joe Pickard
  • Published: 28 Jun 2018

The International Accounting Standards Board (IASB) has published a discussion paper on how companies issuing financial instruments should classify.... read more

Two new members join the IFRS Foundation

  • Published: 26 Jun 2018

The Trustees of the IFRS Foundation, which are responsible for the governance and oversight of the International Accounting Standards Board (IASB),.... read more

FASB clarifies guidance for not-for-profit grant and contribution accounting

  • Author: Joe Pickard
  • Published: 22 Jun 2018

The Financial Accounting Standards Board (FASB) has clarified accounting guidance for contributions of cash and other assets received or made by.... read more

IMA updates competency frameworks to reflect advances in technology

  • Author: Joe Pickard
  • Published: 21 Jun 2018

The Institute of Management Accountants (IMA) has released an exposure draft of its enhanced competency framework to reflect the skills management.... read more

CPA Canada and HKICPA sign reciprocal membership agreement

  • Author: TA editorial
  • Published: 20 Jun 2018

The Chartered Professional Accountants of Canada (CPA Canada) has signed a reciprocal membership agreement (RMA) with the Hong Kong Institute of.... read more

KPMG UK called out over audit quality by watchdog

  • Author: IAB
  • Published: 19 Jun 2018

KPMG UK has been scrutinised by the Financial Reporting Council (FRC) for “unacceptable deterioration” of their audit quality. A half  of KPMG’S.... read more

FRC launches corporate governance consultation

  • Author: Joe Pickard
  • Published: 13 Jun 2018

The UK’s Financial Reporting Council (FRC) has published a consultation on a set of six principles which large private companies will be encouraged.... read more

Association of International Certified Professional Accountants launches learning resources on emerging technologies

  • Author: Joe Pickard
  • Published: 12 Jun 2018

The Association of International Certified Professional Accountants (the Association) has launched a line of learning resources which are linked to.... read more

Eric Hansen named chairman of the Association of International Certified Professional Accountants

  • Published: 8 Jun 2018

Eric Hansen has been named chairman of the Association of International Certified Professional Accountants (the Association). The global.... read more

CIMA elects former network rail director as president

  • Author: Jonathan Minter
  • Published: 6 Jun 2018

The Chartered Institute of Management Accountants (CIMA) has elected Steven Swientozielskyj to serve as its 85th president.. read more

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