Changes abound – adapting to the new audit landscape

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Against a volatile geopolitical and economic backdrop, 2023 is shaping up to be another critical year for the audit industry. Following three years of pandemic-induced restrictions and disruptions to “traditional” working patterns and practices, a renewed push for audit reform … Read More

Look out, there’s a skills crunch ahead!

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Demographic trends and changing work patterns have set the profession on the road towards an inexorable collision between supply and demand. What can accountants caught up in the skills crisis do to come out unscathed? There’s nothing more frustrating than … Read More

FRC issues consultation on audit quality indicators

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Proposed AQIs would provide comparable indicators on perceived culture within an audit firm, audit quality inspection results, staff workloads, and the level of partners’ involvement in individual audits The Financial Reporting Council (FRC) has issued a consultation on publishing audit quality indicators … Read More

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