THE FUTURE OF AUDIT IS NO LONGER THEORETICAL. IT IS ALREADY INFLUENCING HOW UK FIRMS DELIVER ASSURANCE ENGAGEMENTS. --------- ...

Explore why finance teams must embrace and AI-driven governance to protect trust and performance despite the legislative pause.

Large audit networks in the UK and several professional bodies have urged the Financial Reporting Council (FRC) to stop routinely naming the companies under investigation. According to a Financial ...

Gareth Davies urged the government to tighten its financial management, echoing ICAEW calls for stronger public sector financial discipline.

The UK Financial Reporting Council (FRC) has formally opened an investigation into Ernst & Young LLP’s statutory audit of Shell plc’s consolidated financial statements for the year ended December 31, ...

LONDON, Oct 12 (Reuters) - Britain's accounting regulator on Thursday fined KPMG a record 21 million pounds ($25.86 million) for audits of Carillion, the builder that imploded in 2018 and prompted a ...

LONDON, Dec 14 (Reuters) - Britain's accounting watchdog said on Thursday it would focus on studying competition next year as KPMG, EY, Deloitte and PwC - dubbed the world's Big Four - continue to ...

LONDON, June 13 (Reuters) - Audits of British banks have improved but accountants must challenge more of what their clients tell them about bad loans on their books, the UK accounting industry ...

An audit of laboratories in the United Kingdom has revealed a number of potential issues ranging from staff retention to a lack of shelf-life and virus testing knowledge. The UK Health Security Agency ...

More than nine out of 10 buildings in Humberside that were inspected failed fire safety audits, according to recent figures.