Mike Suffield News Today

ACCA (the Association of Chartered Certified Accountants) remains concerned about the usefulness, timeliness and data quality and collection of Whole of Government Accounts (WGA) in the UK. Especially in the context of local government audit backlogs, ACCA continues to urge for a coordinated approach involving government stakeholders, audit firms, regulators, and professional bodies to address…

The ACCA has announced that it is 'broadly supportive' of the UK’s update to ethical standards (ES) for auditors.

ACCA commends FRC’s proposed changes, backing an overhaul of code in light of exponential change and disruption facing companies.

Industry experts welcome consolidation of standards, but further clarity needed to bring audit committees in line

The Financial Reporting Council (FRC) has opened an investigation into the audit of Made.com completed by EY, the second the firm faces this week.

Sir Jon Thompson’s resignation as CEO of the FRC poses a further threat to the momentum of audit and corporate governance reform in the UK

A lack of professional scepticism has come to be a recurring finding in auditing inspections all around the globe.

A “long-awaited” shakeup of the UK corporate governance code will be enacted in a bid to strengthen director accountability

The UK government has been criticised for watering down proposals to reform audit and coroporate governance

Accounting firms must avoid a tunnel-visioned perspective after recording-breaking industry turnover and continue to focus on sound management