“There are indications that audit quality is being challenged by changing market conditions with an unprecedented movement of complex audits from larger to smaller firms which is requiring those smaller firms to move quickly to upscale their risk and quality … Read More
It comes following reports earlier this summer that CVC Capital Partners, the private equity backer of Six Nations Rugby reportedly held discussion with the firm over acquiring UK and Irish affiliates Swedish global investment firm EQT has reportedly joined the … Read More
The FRC’s report, which was published today, showed that the overall quality of audits has improved as 74% of firms were categorised as good or requiring limited improvement The ICAEW has renewed calls to establish ARGA as a new regulator whilst welcoming … Read More
Advancetrack’s Accounting Talent Index survey found three-quarters of the firms reported partner hours had increased, with 42% of cases showing an increase of more than 20%, or an extra day per week Almost 90% of worldwide professionals have stated that … Read More
Audit reform looks like it could finally take a step forward after being included in the King’s Speech. A long-waited commitment to audit and corporate governance reforms has been included in the King’s Speech. More than 35 bills and draft … Read More
The possibility of swift progress on audit reform will be keenly watched as the Department for Business has already posted an update to guidance Audit reform is now under the remit of the new secretary of state for business, Jonathan … Read More