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audit

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EY’s slick tender secures Royal Dutch Shell audit

21/05/2015(0)
EY is on the cusp of being crowned new auditors to Royal Dutch Shell should its shareholders anoint them at the fossil fuel giant’s 2016 Annual General Meeting. The announcement ... Read More
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Accounting threshold shifts risk lasting damage to audit profession

29/04/2015(0)
Earlier this month, on 6 April, a new EC directive quietly slipped into force. The less than snappily titled Companies, Partnership and Groups (Accounts and Reports) Regulations 2015 – the UK’s ... Read More
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ICAS and CIPFA launch landmark integrated qualification in audit

16/04/2015(0)
ICAS and The Chartered Institute of Public Finance and Accountancy (CIPFA) have announced that they intend to work together to produce a ground-breaking new joint qualification in both public ... Read More
audit

Robo-Audit: The IRS Finds a New Way to Check Tax Returns

06/03/2015(0)
In prepared remarks before the New York State Bar Association Section of Taxation on February 24, 2015, IRS Commissioner John Koskinen noted that with the IRS budget falling by ... Read More
PwC-building

PwC retains FTSE 100 audit lead as KPMG climbs 250 rankings

05/03/2015(0)
PWC continues to dominate the FTSE 100 with 40 clients, almost double the number of nearest rival KPMG at 24, although Deloitte added a brace of new clients to its ... Read More
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KPMG names William O’Mara global head of audit

26/02/2015(0)
Audit, tax and accounting firm KPMG appointed William O’Mara as global head of audit, effective March 1. He succeeds Larry Bradley who led the practice since 2013, the company ... Read More
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PWC Report: A Guide to Cloud Audits

22/12/2014(0)
Today, Internal Audit is in a state of rapid transformation, thanks largely to cloud technologies.  IT is rapidly modernizing our data centers from virtualization to software defined data centers ... Read More
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Grant Thornton resigns Quarto audit over conflict of issue and Deloitte duly took over with immediate effect

17/12/2014(0)
DELOITTE has scooped the audit account of international publishing group Quarto from incumbent firm Grant Thornton following a conflict of interest issue. Quarto’s directors announced the move to the ... Read More
Accounting - Tax

Audit Office says benefits fraud and error costs £72m

09/12/2014(0)
Benefit overpayments due to fraud and error in Northern Ireland rose to £72m in 2013, according to figures contained in an Audit Office report. The 2013 total is an ... Read More
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7 risk areas for the 2014 audit cycle

05/12/2014(0)
Revenue recognition, internal control over financial reporting, and professional skepticism are among the seven key areas for 2014 audit consideration, according to an alert sent Thursday by the Center ... Read More
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