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Delays and backlogs contribute to doubts over usefulness of consolidated government accounts - Vimarsana News

Delays and backlogs contribute to doubts over usefulness of consolidated government accounts

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…

Source: yahoo.com
ACCA welcomes strengthening of UK auditor ethics code - Vimarsana News

ACCA welcomes strengthening of UK auditor ethics code

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

ACCA comments on FRC's proposed code revisions - Vimarsana News

ACCA comments on FRC's proposed code revisions

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

FRC minimum standard for audit committees 'a step in the right direction' - Vimarsana News

FRC minimum standard for audit committees 'a step in the right direction'

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

FRC initiates investigation into EY's audit of Made.com - Vimarsana News

FRC initiates investigation into EY's audit of Made.com

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.