ICAEW explores evolution of mid-tier firms in new report

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The report examines the impact of five themes: firm structure and operational model; leadership and culture; talent; technology; financial performance and service lines The ICAEW has published a report that explores the evolution of mid-tier accountancy firms following a survey of managing partners … Read More

The storied history of the ICAEW

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Few institutions wield as much influence and prestige in the history of accountancy as the Institute for Chartered Accountants in England and Wales (ICAEW). Established as a pioneering force in the realm of accountancy, the ICAEW has played an instrumental … Read More

Introducing ARGA: the proposed new audit regulator

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The FRC is set to transition to the new Audit, Reporting and Governance Authority (ARGA) from April 2024 The UK government has long proposed reforms to the audit and corporate governance framework.  Back in September 2020, Sir Tony Redmond’s Independent review into the oversight … Read More

Big Four US Firms admit to audit regulation breaches

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The Public Company Accounting Oversight Board urged companies and investors to pay greater attention to the findings of its annual inspections of audit firms The Big Four accounting firms have admitted hundreds of violations of regulations in the US that are designed to … Read More

AI is an emerging risk for auditors, new research shows

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Artificial intelligence has been identified as an emerging risk, with gaps in organisational preparedness and audit proficiency, according to new research from Protiviti. In partnership with The Institute of Internal Auditors (The IIA), Protiviti conducted its 11th Annual Global Technology … Read More

FRC chief rejects criticism of tough audit investigations

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Richard Moriarty, CEO of the Financial Reporting Council (FRC) has defended the regulator’s investigations into audit firm misconduct saying ‘fear of enforcement sanctions’ will not make the regulator ‘disinterested’ In a robust defence of the FRC’s disciplinary actions, Moriarty refuted … Read More

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