The Chartered Institute of Public Finance and Accountancy (CIPFA) has welcomed the local audit system reform in England, while stressing the requirement for a focused remit to prevent duplication.
Following the recent publication of supplementary guidance by the National Audit Office (NAO), the Institute of Chartered Accountants in England and Wales (ICAEW) has made a compelling call to action ...
Simply sign up to the Accountancy myFT Digest -- delivered directly to your inbox. UK ministers are exploring scrapping promised stricter audit rules for private companies as the government seeks to ...
A coalition of UK digital regulators is calling for views on algorithmic processing and auditing to help streamline and shape the regulators’ collective work going forward, as well as identify further ...
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 ...
A Home Office procedure designed to help regularise the status of stateless people in the UK is not functioning as well as it should due to procedural weaknesses and the approach to decision-making, ...
The UK’s accounting watchdog gave a “scathing” and “highly critical” initial report of EY’s conduct in NMC Health Plc’s audit, lawyers for the collapsed hospital operator alleged in the £2 billion ($2 ...
An audit of laboratories in the United Kingdom has revealed a number of potential issues ranging from staff retention to a lack of shelf-life and virus testing knowledge. The UK Health Security Agency ...
LONDON, April 6 (Reuters) - After the accuracy of Revolut Ltd.'s accounts drew scrutiny from regulators, the firm's plan to secure a U.K. banking licence is facing delays, according to two people ...
Image — UK Foreign Secretary David Lammy welcomes China's Foreign Affairs Minister Wang Yi at 1 Carlton Gardens on 13 February 2025 (Photo by James Manning - WPA Pool/Getty Images). In his statement ...