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News & Blog

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Root Cause Analysis in Audit

Root Cause Analysis in Audit

2nd July, 2020

Why do we keep finding quality issues? Have you ever wondered why you seem to train your audit partners and teams so...

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AQI Thematic Review

AQI Thematic Review

13th May, 2020

In May 2020 the FRC issued a thematic review of Audit Quality Indicators (AQIs). AQIs are quantitative and qualitative...

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Covid-19 Useful links - updated

Covid-19 Useful links - updated

12th May, 2020

#Covid19 A number of organisations are issuing information on changes to the normal requirements to help cope with the...

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Covid-19 and group audit

Covid-19 and group audit

20th March, 2020

Group audits are almost always more complex than single entity audits and the provisions of the EU Audit Directive...

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Audit Risk Assessment Ramps up

Audit Risk Assessment Ramps up

2nd March, 2020

ISA 315 Revised The FRC has recently issued a brief consultation document regarding the revised international version...

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Coronavirus, accounts and audit

Coronavirus, accounts and audit

19th February, 2020

Whist the newspapers have understandably been full of information about the coronavirus, now formally called COVID-19,...

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Brydon - an opinion piece

Brydon - an opinion piece

23rd January, 2020

Sir Donald Brydon issued his report Assess, Assure and Inform Improving Audit Quality and Effectiveness unexpectedly...

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Developments in Audit 2019

Developments in Audit 2019

16th January, 2020

The last few years have been tricky for auditors, with a number of high-profile corporate failures which were not...

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FRC Annual Review of Corporate Reporting 2018/19

FRC Annual Review of Corporate Reporting 2018/19

13th January, 2020

Introduction The FRC issued their Review of Corporate Reporting at the end of October 2019. Although it might seem a...

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The Fifth Money Laundering Directive #5MLD

The Fifth Money Laundering Directive #5MLD

12th January, 2020

The EU's 5th Money Laundering Directive took effect on 10 January 2020. It has resulted in amendments to the 2017...

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