Latest News
Humentum and CIPFA project to develop 'IFRS standards' for non-profits
Humentum and CIPFA have unveiled a joint initiative to develop global financial reporting guidance for non-profit organizations (NPOs) with support.... read more
New Infrastructure & Project Finance Qualification for Asia
With Asia’s infrastructure sector set to boom over the next decade, the Institute of Singapore Chartered Accountants (ISCA) has launched the ISCA.... read more
Grant Thornton offers AI tool to help UK businesses navigate IR35
Grant Thornton UK has launched its own ‘Off-Payroll Workers’ (OPW) client solution designed to help organisations prepare for legislative changes.... read more
New resources from PCAOB on CAMs for audit committees, investors
The US Public Company Accounting Oversight Board (PCAOB) has released a new resource for audit committees and for investors about critical audit.... read more
FRC consults on enhanced Ethical and Auditing Standards
The Financial Reporting Council (FRC) has issued a consultation proposing changes to the UK’s Ethical and Auditing Standards. The FRC proposes to.... read more
Consultation on code of practice for UK local authority accounting
The Chartered Institute of Public Finance and Accountancy (CIPFA) and the Local Authority (Scotland) Accounts Advisory Committee (LASAAC) are.... read more
ACCA announces June 2019 pass rates
ACCA (the Association of Chartered Certified Accountants) has announced the pass rates for its June 2019 exam sitting. Some 125,000 students around.... read more
Sports Direct delays results, cites House of Fraser integration, audit focus
Sports Direct has delayed publication of the company’s preliminary results for the period ended 28 April 2019. The company says the reasons or the.... read more
Hong Kong accountant disciplined over audit failings
A Disciplinary Committee of the Hong Kong Institute of Certified Public Accountants (HKICPA) has reprimanded Chan Kam Fuk, a certified public.... read more
Caseware unveils cloud engagement software for Canada’s accountants
Software provider CaseWare International has launched CaseWare ReviewCompTax, a cloud-based solution for accountants and auditors in Canada that.... read more
Pixie in the cloud to help small accountancy firms
Pixie is new, cloud-based CRM app from co-founder of SimpleTax, Celso Pinto. Pitched at small accountancy firms with 2-10 employees, it aims to.... read more
UK businesses urged to register for MTD before August
The UK government says many of the 1.2 million businesses affected by the new Making Tax Digital (MTD) rules will be required to submit their first.... read more
AICPA issues new standards for forensic accounting providers
The American Institute of CPAs (AICPA) has released new professional standards for members who perform forensic services engagements. The Statement.... read more
UK government publishes draught legislation for Finance Bill 2019-20
The UK government has published draft legislation for the next Finance Bill, including, among proposals from Budget 2018, the new digital services.... read more
Mazars slips backward says FRC
The overall results of the FRC’s reviews of the Mazars’audits show worse results than the previous year, with two out of five assessed as requiring.... read more
BDO audit review shows performance unchanged
Seven out of eight BDO audits reviewed by the FRC were assessed as requiring no more than limited improvements, the same as in 2017/18.. read more
KPMG shows significant improvement but ‘still has more to do’
76% of KPMG’s audits reviewed by the FRC were deemed to require no more than limited improvements, compared with 61% in 2017/18. Of the FTSE 350.... read more
EY shows improvement in Audit Quality Review
The FRC assessed 78% of EY’s audits that it reviewed as requiring no more than limited improvements, compared with 67% in 2017/18. Of the FTSE 350.... read more
‘Notable decline’ in PwC audit quality is ‘unsatisfactory’ says FRC
The FRC assessed 77% of PwC’s audits that it reviewed as requiring no more than limited improvements, compared with 82% in 2017/18. The picture was.... read more
Deloitte scores 84% in FRC Audit Quality Review
The FRC assessed 84% of Deloitte’s audits that it reviewed as requiring no more than limited improvements, compared with 76% in 2017/18. Of the.... read more
