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FRC: Don’t expect Carillion resolution until ‘well into 2019’

  • Author: Joe Pickard
  • Published: 22 Jan 2019

The UK’s Financial Reporting Council (FRC) has said it expects its investigation into KPMG for its work on Carillion to continue well into 2019.. read more

GRI makes appointments to its Global Standard Setting Board

  • Author: Joe Pickard
  • Published: 18 Jan 2019

The Global Reporting Initiative (GRI) has added six members to its Global Sustainability Standards Board (GSSB).. read more

IAASA warns UK auditors of impacts of no-deal Brexit

  • Author: Joe Pickard
  • Published: 17 Jan 2019

The Irish Auditing and Accounting Supervisory Authority (IAASA) has written to the leading UK audit firms to give advice on preparations for a.... read more

Corporate tax remains a key source of revenue for developing countries.

  • Published: 15 Jan 2019

Despite falling rates worldwide, corporate tax remains a key source of income especially for governments in developing countries.. read more

The EC’s Technical Expert Group on Sustainable Finance publishes first report

  • Published: 14 Jan 2019

The Technical Expert Group on Sustainable Finance set up by the European Commission (EC) has published its first report on companies' disclosure of.... read more

CAQ framework says auditors need to establish audit strategy

  • Published: 10 Jan 2019

The Center for Audit Quality (CAQ) framework suggested establishing an appropriate audit strategy and audit plan is a core component of a quality.... read more

ACCA: SMEs lack international trade advice amid global market uncertainties

  • Published: 9 Jan 2019

Amid uncertainty over Brexit, just 11% of UK SMEs have sought external international trade advice, according to the Association of Chartered.... read more

Former FASB board member joins SASB

  • Published: 7 Jan 2019

The Sustainability Accounting Standards Board (SASB) has appointed former Financial Accounting Standards Board (FASB) member, Marc Siegel, to its.... read more

CMA exam to have increased focus on technology

  • Author: Joe Pickard
  • Published: 7 Jan 2019

The Certified Management Accountant (CMA) is updating its exam to have a greater focus on technology to reflect the evolving environment of the.... read more

FASB proposes alternative to accounting for goodwill and certain identifiable intangible assets for non-for-profits

  • Published: 3 Jan 2019

The Financial Accounting Standards Board (FASB) has issued a proposed Accounting Standards Update (ASU), which would reduce the cost and complexity.... read more

PCAOB ends 2018 with remedial action against Crowe firm

  • Published: 3 Jan 2019

The US Public Company Accounting Oversight Board (PCAOB) has censored and fined Crowe Mackay after it found the firm violated PCAOB standards and.... read more

ACCA expresses concerns over ‘breadth’ of evidence in the CMA review

  • Published: 20 Dec 2018

The Association of Chartered Certified Accountants (ACCA) has expressed its concerns about the ‘breadth’ of evidence in the Competition and Markets.... read more

UK Gov. launches new review into audit profession

  • Published: 18 Dec 2018

Donald Brydon, the outgoing chair of the London Stock Exchange Group, has been appointed to lead a new independent review of the quality and.... read more

Kingman calls for FRC to be replaced

  • Published: 18 Dec 2018

The UK’s Financial Reporting Council (FRC) should be replaced with a new independent statutory regulator, accountable to Parliament, according to a.... read more

CMA expected to call for market cap as Labour pushes for Big Four break up

  • Author: Joe Pickard
  • Published: 14 Dec 2018

The Labour party has suggested the Big Four should be broken up on the recommendation of a report it commissioned, as Sky News leaks that the.... read more

PCAOB names chief auditor

  • Published: 14 Dec 2018

The Public Company Accounting Oversight Board (PCAOB) has named Megan Zietsman as its next chief auditor and director of professional standards.. read more

GRI publishes draft standard for greater tax transparency

  • Author: Joe Pickard
  • Published: 13 Dec 2018

The Global Reporting Initiative (GRI) has published a draft standard for public comment aimed at promoting greater transparency on companies’.... read more

IRBA appoints operations director

  • Published: 13 Dec 2018

The independent regulatory board for auditors (IRBA) has appointed Nitasha Naicker as its director of operations.. read more

ICAN joins Chartered Accountants Worldwide

  • Published: 13 Dec 2018

The Institute of Chartered Accountants Nigeria (ICAN) has become the twelfth member to join Chartered Accountants Worldwide.. read more


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