Audit Insight

Information and commentary on matters of topical interest to auditors

Woolf: Auditing shadow


Better competition between audit firms is not the answer to raising the quality of audit work, argues Emile Woolf

Emile Woolf

Housing associations and audit


Risks for housing associations in the face of benefit reforms need to be flagged by auditors.

Chris Wilson and Heather Garrett

Revised ISAs: Outsiderís view


Revised ISAs clarify the role of internal audit and reinforce the external auditor's role, says Philip Lenton.

Philip Lenton

Under The Bonnet


Every year, audit firms receive quality review report cards. Some are good, some are bad, but are these reports useful, asks Philip Smith.

Phillip Smith

Audit update Autumn 2013


This article sets out a summary of the key technical things that have been happening in the world of auditing over the last quarter. As you can see the FRC has been busy over this period, issuing a raft of documents.

Julia Penny FCA