Deloitte launches new leadership consulting practice

Deloitte, the business advisory firm, today announces the launch of a new leadership consulting practice. The practice will recruit 700 people across Deloitte’s network of member firms by 2020 ... Read More
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Deloitte’s latest survey results: Audit of the Future

Audits play a fundamental role in the capital market system, and Deloitte’s latest survey of more than 250 financial statement preparers, audit committee members and financial statement users reveals ... Read More

Update on the implementation of the EU Audit Directive and Regulation

The Department of Business Innovation and Skills has published an update on the implementation of the EU Audit Directive and Regulation: “Following Baroness Neville-Rolfe’s Written Ministerial Statement of 20 July ... Read More
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Big Four owe public interest not to ditch audit, says KPMG chair

The UK’s largest auditors have a public interest commitment to retain their mature audit businesses despite more lucrative growth prospects elsewhere, the chairman of KPMG has said. In an interview ... Read More
Accounting - Tax

4 Key Issues Confronting Internal Auditors

Most internal auditors lack adequate flexibility to meet business challenges and unexpected risks, according to a recently released report by the Institute of Internal Auditors (IIA). The IIA polled more than ... Read More

​Lessons From Toshiba: When Corporate Scandals Implicate Internal Audit

Last week’s high-profile resignations of CEO Hisao Tanaka and eight other Toshiba Corp. executives amid revelations of systemic and prolonged financial misstatements raise questions anew about Japan’s corporate governance ... Read More

Institutes retain regulatory powers over auditors

Acounting institutes will retain their role as regulators of the accounting profession and the structure of audit regulation will be maintained and will not be subject to statutory legislation when ... Read More

Ten Imperatives for Internal Audit

CBOK report from The IIA’s Research Foundation offers direction in a rapidly changing world Organizations are relying increasingly on internal audit to provide insight on operational, business, and strategic ... Read More
Audit Checklist

Internal Audit of the Future: Nimble, Flexible

IIA’s 2015 Global Pulse report urges broader, more flexible approach to risk Internal audit departments need to demonstrate flexibility and agility to address today’s complex and dynamic business challenges, ... Read More

One in 20 registered audit firms quit the market in last year

Almost one in 20 firms registered to audit company accounts in the UK have quit the line of work in the past year, the FRC‘s annual assessment of the profession ... Read More
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