The UK’s Financial Reporting Council (FRC), the regulatory watchdog for the accounting industry, has set a deadline of June 2024 for the Big Four accounting firms to separate audit practices from the ...

LONDON (Reuters) -Britain's accounting watchdog said on Thursday it had fined Deloitte LLP more than 900,000 pounds ($1.09 million) over its audits of building materials supplier SIG plc for the 2015 ...

NEW DELHI, Feb 15 (Reuters) - Britain's drug regulator is auditing manufacturing processes at Serum Institute of India (SII) which could pave the way for AstraZeneca's (AZN.L), opens new tab COVID-19 ...

The reliance on statistical sampling is becoming an outdated risk in a data-rich world. UK audit firms must transition to full-population testing and continuous assurance, shifting the auditor's role ...

In order for national economies to have effective capital markets, many international accounting and auditing standards are enforced by governments. In the UK this is true and, for the time being, ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Accounting and investor groups on Thursday hit out at the government’s move to ditch a bill from its next ...

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 Audit Society has been very influential in our thinking and in Treasury thinking. I was seconded to Lord Sharman's Review of Audit and Accountability for central government and I know at that time ...

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 ...

Ireland’s accounting watchdog has written to the UK’s largest audit firms urging them to start preparing for a “no-deal” Brexit to minimise the disruption to their businesses that could arise from ...

NEW DELHI: Britain's drug regulator is auditing manufacturing processes at Serum Institute of India (SII) which could pave the way for AstraZeneca's Covid-19 vaccine to be shipped from there to the UK ...