July 29, 2015
Euro News
Outside auditors should check bank capital, UK industry
body says
Bank of England asked ICAEW to initiate
public consultations regarding the methodology of audit bank ratios. Please follow
link for details:
August 5, 2015
Financial Times
SFO and UK regulator launch probes into Quindell
practices
The SFO and the Financial Conduct Authority
are both investigating Quindell, after a review by PwC – the accounting firm,
identified “aggressive” and “unacceptable” practices. Please follow link for
details:
August 6, 2015
Reuters
UK Anti-fraud agency to investigate claims firm Quindell
SFO Director confirmed the opening of
criminal investigation into business and accounting practices at Quindell. Please
follow link for details:
August 10, 2015
Accountancy Live
NAO seeks feedback on draft auditor guidance
The National Audit Office has launched a
consultation on the draft guidance to local government auditors in respect of
their duties under the Code of Audit Practice. The deadline for responses is
set on 30 September 2015. Please follow link for details:
August 11, 2015
Treasury Insider
UK financial services firms are sitting on data time
bombs
In relation to audit trail retention –
Director Stuart Clarke of cybersecurity and investigations services gave five
proactive steps that financial services firms can take against data privacy breaches.
Please follow link for details:
August 19, 2015
Accountancy Live
Charities under-reporting charitable expenditure
The Charity Commission found that 43% of
regulated high-income charities made errors either in their annual returns or
their trustees’ annual reports and accounts, with the effect of significantly
underreporting the level of their charitable expenditure. Please follow link
for details:
August 19, 2015
Accountancy Age
Mid-tier
firms avoid listed audits as high regulatory fees bite
Subject accountancy firms have hit out at
ICAEW-imposed excessive fees and what they believe are restrictive and
prohibitive financial hurdles to entering the listed audit market. Please follow
link for details:
No comments:
Post a Comment