Audit and assurance
ICAS calls for LCE audit standard
Anne Adrain, ICAS Head of Sustainability and Assurance, summarises the main revisions to the UK Going Concern standard.
Audit should be part of holistic review
ICAS has submitted its response to the CMA on the large company audit market in the UK. Our response to Sir John Kingman’s review of the FRC and previous ICAS publications informed our submission. Our key messages to the FRC are set out below.
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.
Forming a Corporate Auditor profession
David Cruickshank CA, discusses ICAS’ recent paper ‘A roadmap to the Corporate Auditor profession’.
EU sustainability reporting
Read about a proposal issued by the European Commission for greater consistency in sustainability reporting.
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’.
ESEF tagging of accounts
Big changes come into effect for listed entities with effect from 1 January 2020 with a new EU requirement for accounts to be published in electronic format.
10 computer-hacker terms
Hacking with the objective of financial gain or some subversive political motive is very topical.