Information and commentary on matters of topical interest to auditors
“Audit market not serving shareholders” says competition commission
04.03.13
Big 4 audit firms might be feeling a little bruised by the Competition Commission’s assessment of the audit market for FTSE 350 companies.
Auditing Developments – September 2012
20.09.12
After a little while when not very much was happening on the auditing front, the return to the new term (as always seems to be the case in September) has yielded some developments. Here is a brief round-up of some of these.
Mandatory auditor rotation - a LinkedIn poll and some thoughts
04.07.12
Julia Penny conducted a poll within the ICAEW LinkedIn Group this article reviews the results
Sharman Inquiry Final Report - an overview
13.06.12
Julia Penny summarises the key recommendations outlined in the Sharmon Inquiry Final Report.
13.06.12
On 13th June 2012 the ASB issued their annual report on Audit Quality Inspections. What did they find and does it represent an improvement over prior years? Which areas should firms (and audit committees) be carefully considering in attempting to improve their quality?