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Japanese regulator calls for increased audit accountability

  • Published: 4 Sep 2019

Japan’s Financial Services Agency is pressing for greater accountability from audit firms and is to revise its auditing standards. Japan Times.... read more

NFRA to emulate PCAOB to boost audit transparency in India

  • Published: 4 Sep 2019

Authorities in India are increasing their efforts to improve audit transparency. The latest move will see auditors overseen by the National.... read more

Artificial Intelligence will have positive impact on accountancy

  • Published: 3 Sep 2019

For many, the thought of adopting Artificial Intelligence (AI) in the workplace is a daunting prospect. But it seems that the majority of UK.... read more

HMRC offers £16m funding boost for post-Brexit customs training

  • Published: 3 Sep 2019

HMRC has unveiled a £16m funding programme to help British businesses train staff to cope with new customs regulations in post-Brexit Britain.The.... read more

Anne Whitaker appointed to FRC conduct committee and chair of AQR committee

  • Published: 2 Sep 2019

Anne Whitaker has been appointed to the Financial Reporting Council’s Conduct Committee, which oversees the FRC’s enforcement work, following her.... read more

FTSE 100 audit rankings ‘have never been closer’

  • Published: 2 Sep 2019

The FTSE 100 rankings have never been closer, as the client numbers converge, according to Adviser Rankings latest Q3 2019 quarterly Corporate.... read more

UK NAO launches public consultation on new draft Code of Audit Practice

  • Published: 30 Aug 2019

The UK National Audit Office (NAO) has launched a public consultation on its proposed update of the Code of Audit Practice ahead of it coming into.... read more

Charities’ audit quality questioned by UK regulator

  • Published: 29 Aug 2019

A new study by the UK Charity Commission, has found that only around half of charity accounts reviewed met the regulator’s external scrutiny.... read more

Guinea, Namibia and Honduras join the fight against tax evasion

  • Author: Joe Pickard
  • Published: 29 Aug 2019

Guinea, Namibia and Honduras have joined the Global Forum on Transparency and Exchange for Tax Purposes as its 155th, 156th and 157th members.. read more

AICPA’s Auditing Standards Board proposes amendments to Special Purpose, Single, and Summary Financial Statements under new auditor reporting standards

  • Author: Joe Pickard
  • Published: 29 Aug 2019

The American Institute of CPAs (AICPA) Auditing Standards Board (ASB) has issued an exposure draft of a proposed Statement on Auditing Standards.... read more

FAF trustees appoint Fiona Ma to the Governmental Accounting Standards Advisory Council

  • Published: 29 Aug 2019

The US’ Financial Accounting Foundation’s (FAF) Board of Trustees has appointed California State Treasurer Fiona Ma to the Governmental Accounting.... read more

IPASB issues exposure draft for public sector specific financial instruments

  • Published: 27 Aug 2019

The International Public Sector Accounting Standards Board (IPSASB) has released an Exposure Draft, Public Sector Financial Instruments, Amendments.... read more

ASB’s proposed Standard encourages professional scepticism

  • Published: 23 Aug 2019

The American Institute of CPAs’ (AICPA) Auditing Standards Board (ASB) has issued Proposed Statement on Auditing Standards (SAS), Auditing.... read more

IASB to hold further meeting on IBOR reform

  • Published: 23 Aug 2019

The IASB is holding an additional meeting on 28 August to discuss feedback received on ED/2019/1 'Interest Rate Benchmark Reform (Proposed.... read more

PCAOB provides guidance on auditing estimates and use of specialists

  • Published: 23 Aug 2019

The US Public Company Accounting Oversight Board (PCAOB) has released four staff guidance documents to raise awareness and assist auditors in.... read more

ICAEW comments on employment allowance and state aid

  • Published: 22 Aug 2019

The Institute of Chartered Accountants in England and Wales (ICAEW) has submitted its comments on the Employment Allowance eligibility reforms.... read more

FASB proposes delay to insurance standards on long-duration contracts

  • Published: 22 Aug 2019

The Financial Accounting Standards Board (FASB) has issued a proposed Accounting Standards Update (ASU) that would grant all insurance companies.... read more

New AICPA Discussion Paper tackles materiality

  • Published: 21 Aug 2019

A new discussion paper from the American Institute of CPAs (AICPA) discusses the challenges of determining materiality in an attestation engagement.... read more

Moody’s says FASB got it wrong in delay to lease accounting

  • Published: 21 Aug 2019

Analysis by Moody’s of the Financial Accounting Standards Board’s  decision to delay the implementation of changes to how private companies report.... read more


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