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auditors

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The number of practices providing audit services has continued to fall

04/07/2016(0)
The number of practices providing audit services has continued to fall at a rapid pace, as the market comes to terms with regulatory and legislative edicts at both the top ... Read More
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FRC to investigate KPMG over HBOS audit

29/06/2016(0)
The Financial Reporting Council (FRC) has announced it will be holding an investigation under the accountancy scheme into the conduct of KPMG’s audit of HBOS for the year ended ... Read More
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Auditors at Deloitte failed to spot bonus payments

11/05/2016(0)
Deloitte misses £100k bonus error at Alliance Trust Investment fund Alliance Trust is to investigate the failure of auditors at Deloitte to spot bonus payments to two former executives ... Read More
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AAYP 2016: Five key skills auditors will need in the future

10/05/2016(0)
AUDIT teams have the skill sets to meet today’s requirements but changes will be needed to meet the demands of audit in the future. That is the finding of two international ... Read More
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EY conflicts of interest issues could affect Royal Dutch Shell-BG Group deal

04/05/2016(0)
Conflicts of interest and issues around auditor independence could affect the proposed acquisition of BG Group by Royal Dutch Shell, Manifest has suggested. Analysis by proxy voting agency Manifest ahead ... Read More
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SEC announced penalties on two Accounting fraud cases

20/04/2016(0)
The Securities and Exchange Commission today announced a pair of financial fraud cases against companies and then-executives accused of various accounting failures that left investors without accurate depictions of ... Read More
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Deloitte set to face FRC disciplinary over Aero Inventory audit

20/04/2016(0)
DELOITTE is set to face an FRC disciplinary tribunal over its conduct relating to its audit and the financial statements of collapsed AIM-listed aeroplane parts manufacturer Aero Inventory. The case ... Read More
saudi

Saudi $10 Billion Financial District Is Missing One Thing: Banks

20/04/2016(0)
Saudi Arabia’s $10 billion financial hub in Riyadh will have gleaming towers connected by sky bridges, cutting-edge climate technology and a monorail that can circle the whole area in ... Read More
Ernst-Young-EY

Auditors face FTSE 350 concerns over cost of transition to new EU audit rules

19/04/2016(0)
AUDITORS are facing deepening concerns from FTSE 350 businesses over the cost of transition to the new EU audit regulatory regime, research from EY has found. The rule, which imposes mandatory audit ... Read More
1mdb

Malaysian state fund sacked Ernst & Young and KPMG when auditors asked for documents

11/04/2016(0)
The scandal surrounding Malaysian state fund 1Malaysia Development Berhad has thrown up some very interesting facts about how the state fund was managed. According to a probe by a ... Read More
Broker Cyprus TopFX