Auditing is Boring - Until It Matters
Why did the UK drop its long-promised audit reform? This article reflects on Carillion, ARGA, and why audit only gets attention when things go wrong.
accountingcpd blog
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Getting to know all about you
PwC's £2.9M penalty for audit failures at Wyelands Bank reveals how ignoring basic principles - understanding your client's business - can prove...
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WGA and Audit Issues
In December the National Audit Office took an unprecedented step in refusing to sign off the Whole of Government Accounts for 2022/23.
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Audit Reform Given the Green Light
In his speech on 17 July 2024, the King confirmed that the Draft Audit Reform and Corporate Governance Bill would be given the go ahead.
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The Challenges in the Audit Profession
Steve Collings discusses the myriad of challenges today's auditor faces.
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Unravelling the Post Office Scandal: The Crucial Role of Internal Audit
Internal audit has been a pivotal player in the Post Office scandal. What was their role and what lessons can we learn?