News in Audit and assurance
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FRC Position Paper
In this article James Barbour CA highlights the FRC’s Position paper on audit and corporate governance reform.
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FRC’s modern-slavery report
Find out more about the report and its recommendations
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FRC issues revised Audit Firm Code
The new code is intended to strengthen independent oversight of the largest UK audit firms.
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Auditing climate disclosures
We highlight new FRC Staff Guidance, Auditor responsibilities under ISA (UK) 720 on climate-related reporting.
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EC Corporate Reporting Consultation
ICAS responds to the EC Consultation on Corporate Reporting – improving its quality and enforcement
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Response to ED-ISA for LCE
ICAS responds to IAASB Exposure Draft- International Standard on Auditing for Less Complex Entities
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NSI Act (2021) now applicable
The National Security and Investment (NSI) Act 2021 is now in effect. Find out what you need to know.
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Views sought on ISA for LCEs
ICAS seeks views on the IAASB’s proposed ISA for LCEs
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Developments in Audit 2021
Learn some of the key insights from the FRC’s latest edition of Developments in Audit.
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EC audit consultation
We highlight the European Commission’s consultation on the three pillars of corporate reporting.
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IAASB’s ISA for LCEs
We highlight the IAASB’s proposed ISA for Less Complex Entities.
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Going concern and pension scheme financial statements
Find out more about pension schemes and the audit of going concern.
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FRC review of use of APMs
We highlight the FRC’s review of the use of Alternative Performance Measures by UK companies.
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The ICAS public voice
Learn how ICAS has worked to inform public debate and policy making throughout 2021.
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FRC audit data analytics exceptions guidance
We highlight the FRC’s guidance on addressing exceptions in the use of audit data analytics.
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ICAS responds to BEIS consultation
ICAS has responded to the BEIS consultation ‘Restoring trust in audit and corporate governance’.
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Corporate Auditor report issued
We highlight ICAS proposals as to how Sir Donald Brydon’s recommendation to establish a Corporate Auditor profession could be implemented.
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Forming a Corporate Auditor profession
David Cruickshank CA, discusses ICAS’ recent paper ‘A roadmap to the Corporate Auditor profession’.
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EU sustainability reporting
Read about a proposal issued by the European Commission for greater consistency in sustainability reporting.
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BEIS supports ‘true and fair’
James Barbour highlights BEIS’ response to Sir Donald Brydon’s recommendation to replace ‘true and fair view’ with ‘present fairly, in all material respects’.