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Sikka: Audit outsourcing detrimental to quality

  • Author: Joe Pickard
  • Published: 6 Mar 2019

At the official launch of the UK Labour Party’s report, Reforming the Auditing Industry, concerns were expressed over the amount of audit work that.... read more

HKICPA permanently removes CPA from register following 45 offences of theft

  • Published: 6 Mar 2019

A Disciplinary Committee of the Hong Kong Institute of Certified Public Accountants (HKICPA) has permanently removed Deborah Annells from the.... read more

Corporate Reporting Dialogue support better reporting on SDGs

  • Published: 4 Mar 2019

International corporate reporting standard setters and framework providers have released a position paper supporting the development of better.... read more

FRC proposes stronger going concern standard for auditors

  • Author: Joe Pickard
  • Published: 4 Mar 2019

The UK’s Financial Reporting Council (FRC) has proposed to increase the work required of auditors when assessing whether an entity is a going concern.. read more

IRS collected record $1.441bn thanks to whistleblowers

  • Published: 1 Mar 2019

In FY18 the US’ Internal Revenue Service (IRS) collected a record $1.441bn in taxes, penalties and interest collected due to information provided.... read more

ICAS and PwC to issue certifications via blockchain

  • Author: Joe Pickard
  • Published: 1 Mar 2019

Newly qualified CAs working for PwC are able to trial a platform which uses blockchain technology to validate professional credentials.. read more

European Parliament demands that member states stop blocking tax reforms

  • Author: Joe Pickard
  • Published: 28 Feb 2019

The European Parliament special committee on taxation (Tax 3) has voted on its final report which call for EU member states to match the intention.... read more

SASB appoints former World Bank VP as CEO

  • Author: Joe Pickard
  • Published: 27 Feb 2019

The Sustainability Accounting Standards Board (SASB) has appointed Madelyn Antoncic as its CEO, effective 25 February 2019.. read more

PCAOB creates new data and risk C-level roles

  • Author: Joe Pickard
  • Published: 26 Feb 2019

The Public Company Accounting Oversight Board (PCAOB) has appointed Eric Hagopian as its first chief data officer to advance its data management.... read more

FRC extends Carillion investigation

  • Author: Joe Pickard
  • Published: 26 Feb 2019

The UK’s Financial Reporting Council (FRC) has extended its investigation into the preparation, approval and audit of the financial statements of.... read more

IFAC and AAT Accounting Technician Framework Identifies Digital Skills as essential

  • Published: 25 Feb 2019

Digital skills have been highlighted as one of the key skills and attitudes required for an accounting technician.. read more

FRC and BEIS urge UK auditors to prepare for no-deal Brexit

  • Author: Joe Pickard
  • Published: 25 Feb 2019

The UK’s Financial Reporting Council (FRC) and the Department for Business, Energy and Industrial Strategy (BEIS) have published letters for.... read more

EFAA event reveals limited support for reporting of NFI by SMEs

  • Published: 22 Feb 2019

At a roundtable held by the European Federation of Accountants and Auditors for SMEs (EFAA) the shared view was that making the reporting of.... read more

US SEC investigates Kraft Heinze accounting

  • Published: 22 Feb 2019

The accounting policies of Kraft Heinze have come under investigation of the US Securities and Exchange Commission (SEC), the company revealed in a.... read more

IRBA inspections reveal recurring quality deficiency themes

  • Published: 20 Feb 2019

In its 2018 Public Inspections Report, the South African Independent Regulatory Board for Auditors (IRBA) revealed a decline in unsatisfactory.... read more

ECJ sides with Belgium in fight for tax exemptions

  • Published: 14 Feb 2019

The European Court of Justice has sided with the Belgian Government in its ruling against the European Commission over whether its tax system.... read more

IMA releases management accounting competency framework

  • Published: 13 Feb 2019

The Institute of Management Accountants (IMA) has released its updated Management Accounting Competency Framework.. read more

ACCA slams CMA’s audit reform proposals

  • Author: Joe Pickard
  • Published: 8 Feb 2019

The Association of Chartered Certified Accountants (ACCA) has criticised the UK’s Competition and Markets Authority’s (CMA) proposals for a reform.... read more

IMA signs Memorandum of Understanding with IKAF in Kosovo

  • Published: 7 Feb 2019

The Institute of Management Accountants (IMA) and the Institute of Accounting, Auditing and Finance (IKAF) in Kosovo have signed a MoU, in an.... read more

UK MPs call out FRC over audit augmentation

  • Published: 6 Feb 2019

MP Rachel Reeves expressed concerns about the failure of the Financial Reporting Council (FRC) to identify augmented audits, in its role as a.... read more

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