Those of us who have an interest in audit reform (who I know are not the biggest group in society) have been awaiting a report
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Audit reform is coming
The FT has reported this morning that: Directors will be held personally responsible for the accuracy of their company’s financial statements – with fines and
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Brexit provides us with few opportunities, but this is one: we could have better company law. There is a problem though: there is no sign that the government wants it
The Telegraph reported this a couple of days ago, based on a press release from the Local Authority Pension Fund Forum, who I have advised:
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HMRC represents the interests of big business, and unsurprisingly they get the best deal from it as a result. The time for that to change has arrived.
In my opinion, the tax justice movement in the UK, at least, needs to start addressing some new themes. Those it has been working on
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The Big 4 and World Economic Forum cannot tell stakeholders what information those stakeholders want from their accounts
The FT reported yesterday that: The leaders of the Big Four accounting firms have come together in an unusual joint initiative to unveil a reporting
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Will the current proposed reforms of the Big 4 firms of accountants work? Unlikely, is a one word answer to that
A journalist I have known for thirty years once told me that there were two places he wanted to be quoted in. One was the
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The Financial Reporting Council really does have a duty to present its own data on audit quality truthfully and fairly
The Financial Reporting Council oversees the audits by big firms undertaken in the UK. They review the activities of the largest seven audit firms (PWC,
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Don’t believe the headlines: the Big 4 are not going anywhere on audit
The FT notes this morning: The UK’s Big Four accounting firms have until 2024 to separate their audit practices, per the latest reporting by the
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The lessons from an excess of consulting
As the FT has reported: Britain’s exit from the EU may be tumultuous but it has delivered a bonanza for consultants, with central government keen
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Richard Murphy
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