Haddrill defends comply and explain principle
The Financial Reporting Council’s (FRC) chief executive Stephen Haddrill has defended the current comply or explain system for audit tendering…
Month: February 2013
ICAI signs MoU with Indian Department of Posts
The Institute of Chartered Accountants of India (ICAI) has signed a Memorandum of Understanding (MoU) with the Indian Government’s Department…
Chartered accounting institutes join forces
Six of the world’s chartered accounting institutes have launched Chartered Accountants Worldwide in order to support, develop and promote the…
Mapping the audit market
The UK Competition Commission’s (CC) probe into the audit market was been pushed back twice before its release last week.…
GRI to boost sustainability reporting in sub-Saharan Africa
The Global Reporting Initiative (GRI) has launched its Focal Point South Africa, a regional office located at the Johannesburg Stock…
Gary Kabureck appointed to the IASB
The IFRS Foundation trustees have appointed Gary Kabureck as a member of the International Accounting Standards Board (IASB). Kabureck will…
Investors have mixed views on HSBC’s market risk disclosure changes
As part of the UK Financial Reporting Council’s Financial Reporting Lab (FRL) a group of investors reviewing the changes to…
PCAOB domestic firm inspections show encouraging results
The US Public Company Accounting Oversight Board (PCAOB) found a reduced rate of reported "significant audit performance deficiencies" among domestic…