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ACCA responds to FRC’s SME audit and reporting study
The study seeks to understand the difficulties practitioners face when auditing SMEs and to explore the decision-making ...
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FRC announces updates to auditing standards
The Financial Reporting Council (FRC) has announced revisions to its suite of International Standards on Auditing (UK) [ISAs (UK)]. The updated standards are a result of amendments to ISQM (UK) 1, ...
Announced at the CwX UK event in London [1] on 14 October 2025, two new releases from Caseware are included in the base cloud audit licence for UK firms.
Reform UK’s “Doge” team has carried out no audit work in the town halls it won nearly six months ago and no agreements are in ...
LONDON (Reuters) - EY is introducing a dedicated UK head of auditing in a move that falls short of calls from lawmakers for top accounting firms to run auditing as a standalone business to improve ...
ISACA will act as the UK Cyber Security Council’s awarding body for Audit and Assurance professional titles as a chartered standard for the UK cybersecurity sector edges closer. The UK Cyber Security ...
Failed hospital operator’s administrators seeking about £2bn damages from accounting firm in trial over missed ‘red flags’ ...
LONDON (Reuters) - British accountant PwC has been ordered to pay more than 3 million pounds, and one of its partners has been fined 75,600 pounds, over a 2007 audit that failed to spot a deep hole in ...
PricewaterhouseCoopers LLP was hit with a £5.6 million ($6.6 million) fine by the UK’s audit watchdog over serious failures for its work on Babcock International Group Plc’s books in 2017 and 2018.
The UK Financial Reporting Council (FRC) Monday fined accounting and auditing firm PricewaterhouseCoopers (PwC) £1.75 million over their Fiscal Year 2017 (FY17) audit of telecom company BT Group after ...
The Stroke Association says stroke care is in a “dire state” in England with too few patients receiving timely treatment and ...
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