Latest articles
27 Jul 2022
The new definition of PIE
The government is set to expand the definition of public interest entities, bringing as many as 600 new companies under the new classification. There remain concerns, however, about the government’s approach.
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27 Jul 2022
How to retain talent in audit
Auditors frequently struggle to hang on to their brightest talent. What should they do to boost retention rates? Firms and recruitment specialists provide some ideas.
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27 Jul 2022
The Resilience Statement – everything you need to know
As part of the wider shake-up of corporate governance and audit reform, the government has proposed the introduction of a Resilience Statement for Public Interest Entities in a bid to improve corporate reporting and shore up confidence in UK plc.
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26 Jul 2022
Auditing with inflation on the rise
The UK inflation rate hit 9.4% in July 2022, and is rising. This presents a challenge to management and auditors alike. Despite high inflation being common in the 1970s and 1980s, inflation has only been above 3% twice in the last 30 years. Auditors will need to understand the impacts. We outline some of the key areas of the audit that may be affected by inflation.
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25 Jul 2022
What more can auditors do to tackle fraud?
The role of the auditor has been called into question as never before. ICAEW’s new publication highlights how audit firms are rising to the challenge and considers what more they can do to fight fraud.
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18 Jul 2022
The tech challenges and opportunities for audit
While methodologies for audit remain the same, software has evolved fast. On the path towards a more technologically advanced process, audit needs to adapt to take a more detailed analytical approach.
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15 Jul 2022
Using tech to enhance audit
The rate of technology adoption has accelerated during and post-pandemic as firms have engaged with new ways of working. How are these ever-changing tools reshaping audit?
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19 Sep 2020
Five views on the future of audit
Pressure is growing on the profession to address the challenges of audit reform. We offer some perspectives on the future of audit, along with an argument for change from ICAEW.
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