Throughout the BEIS report on the Future of Audit there is recurrent emphasis and subliminal blame on audit committees for their role in corporate failure and the seeming inadequacy of the current audit process. There is a danger of ‘one-size-fits-all’ thinking here as any audit committee can only ever be as good as its appointed directors with their differing experiences and biases.  Despite the growth of audit committee expectation since the seminal Cadbury report in 1992, there remain two core areas of focus and accountability – figure integrity and external audit, this...
18/4/2019
17/4/2019
Croner-i Staff
They’re here at last. Tax, accounting, and audit books for the new financial year are now available to pre-order from the Croner-i shop. Plus, there’s a 10%* early bird discount for anyone who orders before 30 April.  A huge...
4/4/2019
Croner-i Staff

Book your place for the Update for the Accountant in Industry and Commerce – two-day events around the country to give your knowledge a boost and gain 14 CPD hours.

18/3/2019
Croner-i Tax Content Team
For a brief moment, it was possible to see the 2019 Spring Statement as a rare chance for the May-led government to relax and pretend that they are a united and happy bunch forging a bright new future in a Britain uncontaminated by Brexit...
26/2/2019
Katharine Bagshaw

Katharine Bagshaw looks at the proposed changes to quality management in audit, with a focus on ISQM 1, ISA 220, and the new ISQM 2.

18/2/2019
Kim Staples

28% of employers say ‘gut feeling’ is their main reason for hiring someone – but should you really trust your gut?

14/2/2019
Kim Staples

The Low Pay Commission projected that the National Living Wave (NLW) ought to rise to £8.20 per hour next year – but is that really going to come into force? 

11/2/2019
Katharine Bagshaw

 Today’s audit standards are intended to scale in both directions – but are they really working for smaller, ‘less complex’ entities? Katharine Bagshaw investigates.

7/2/2019
Kim Staples

You’re more likely to be a victim of a cyber crime than an old-fashioned burglary. Here are the steps experts recommend taking for a more secure organisation.