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UK FRC opens an investigation into Mitie Group accounts

  • Author: Stephanie Wix
  • Published: 21 Nov 2017

The UK Financial Reporting Council (FRC) has announced that in conclusion of reviewing the annual report and accounts of Mitie Group it will open.... read more

European businesses are not ready for GDPR

  • Author: Federica Tedeschi
  • Published: 17 Nov 2017

Ninety two percent of European businesses are not ready for the EU’s General Data Protection Regulation (GDPR), effective in May 2018, according to.... read more

Registrations for the World Congress of Accountants open

  • Author: Vincent Huck
  • Published: 16 Nov 2017

Registrations for the World Congress of Accountants 2018 (WCOA 2018) have opened. The congress will take place in Sydney, Australia, which last.... read more

Bidcorp reappoints KPMG South Africa as external auditor despite recent scandals

  • Author: IAB and TA editorial
  • Published: 14 Nov 2017

Bidcorp, a multinational food-service group, has reappointed KPMG South Africa as its external auditor despite the recent scandals surrounding the.... read more

IFAC’s future in international audit standard setting in the balance

  • Author: Vincent Huck
  • Published: 9 Nov 2017

The Monitoring Group, a group of international financial institutions and regulatory
bodies responsible for the overall governance of the.... read more

PCAOB and Irish Audit Regulator sign cooperative agreement

  • Author: Sarajuddin Isar
  • Published: 9 Nov 2017

The Public Company Accounting Oversight Board (PCAOB) and the Irish Auditing and Accounting Supervisory Authority (IAASA) have signed a cooperative.... read more

Analysis: IFAC’s role in international audit standards setting could be scrapped

  • Author: Vincent Huck
  • Published: 3 Nov 2017

The Monitoring Group, which oversees the International Federation of Accountants (IFAC), will release a public consultation laying out several.... read more

Kazarian Foundation and Columbia Business School collaborate on public financial management

  • Author: Stephanie Wix
  • Published: 3 Nov 2017

The Columbia Business School and the privately operating Charles & Agnes Kazarian Foundation are collaborating on a sovereign risk initiative to.... read more

North American professional bodies renew mutual recognition agreement amid NAFTA heated negotiations

  • Author: IAB and TA editorial
  • Published: 2 Nov 2017

The American Institute of CPAs (AICPA) has renewed  a Mutual Recognition Agreement (MRA) with peers from Mexico and Canada recognizing the "close.... read more

USA audit committees increasingly transparent on oversight of external audit

  • Author: Stephanie Wix
  • Published: 1 Nov 2017

An increasing number of USA company audit committees are voluntarily providing wider disclosures about their oversight of external auditors to.... read more

Artificial intelligence should be a key concern for the future of internal auditors

  • Author: Stephanie Wix
  • Published: 1 Nov 2017

Technology is advancing rapidly and internal auditors should be concerned about how artificial intelligence (AI) could affect their roles, but not.... read more

TCFD and Bank of England conference to help businesses in their first steps towards climate related disclosure

  • Author: Stephanie Wix
  • Published: 1 Nov 2017

The Taskforce on Climate Related Financial Disclosure (TCFD) and the Bank of England  held a conference outlining how companies across sectors are.... read more

Sustainability reporting improves overall but balancing requirements with stakeholder needs remains a challenge

  • Author: Stephanie Wix
  • Published: 26 Oct 2017

Progress has been made in sustainable corporate reporting and disclosure, but there is rising pressure to balance stakeholder needs with the.... read more

Canadian businesses on the verge of a digital revolution

  • Author: The Accountant
  • Published: 26 Oct 2017

Fi­nan­cial Ex­ec­u­tives In­ter­na­tional Canada (FEI Canada), a networking association for financial executives, has re­leased a white pa­per on.... read more

Preliminary report calls Big Four a “cartel-like group”

  • Author: Vincent Huck
  • Published: 25 Oct 2017

The Maturity Institute, a not for profit company which rates how well organizations are performing today and the probability that they will.... read more

Australian charities struggle with complex financial reporting burden

  • Author: Stephanie Wix
  • Published: 25 Oct 2017

Australian charities have an overly complex and inconsistent financial reporting regime which is failing to promote accountability or efficiency.... read more

Quality of corporate reporting in the UK could do with improvement, the regulator has warned

  • Author: Stephanie Wix
  • Published: 25 Oct 2017

The UK Financial Reporting Council (FRC) Annual Review of Corporate Reporting has found that the standard remains good in general but the quality.... read more

Environmental, social and governance factors increasingly on investors’ mind

  • Author: Stephanie Wix
  • Published: 20 Oct 2017

A CFA Institute global survey has found that investors are using more environmental social and corporate governance (ESG) factors in their.... read more

EY UK and senior partner sanctioned over Tech Data audit misconduct

  • Author: Stephanie Wix
  • Published: 16 Oct 2017

EY UK and its senior statutory auditor and engagement partner Julian Gray have been fined and sanctioned after admitting misconduct over the audit.... read more

Anti-Fraud Collaboration releases case study to explore root causes and impacts

  • Author: Stephanie Wix
  • Published: 16 Oct 2017

The Anti-Fraud Collaboration has released a fictional case study on how global fraud situations unfold to help professionals tackle the issue.. read more


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