The Big Four accountancy firms in UK could be broken up following a wave of scandals at companies they audit that has sparked a ‘crisis of confidence’ in the ... Read More
The Financial Reporting Council (FRC), UK’s independent regulator responsible for promoting high quality corporate governance and reporting to foster investment, has issued today an announcement to inform that: PricewaterhouseCoopers ... Read More
The pace of audit quality improvement is too slow and measureable improvement is needed, an international survey concluded. The Independent Forum of Independent Audit Regulators (IFIAR) issued the results ... Read More
The Securities and Exchange Commission today sanctioned eight firms for violating auditor independence rules when they prepared the financial statements of brokerage firms that were their audit clients. SEC ... Read More
While acknowledging that auditors are under unprecedented scrutiny, an international association of audit regulators is asking audit firms to analyze causes of problems in audits globally in hopes of ... Read More
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