Displaying 1-20 of 101 results
2026: Will we see audit reform?
- Article
- 01 Jan 2026
Audit and corporate governance reform remains uncertain, but we should see important progress in both audit and assurance in 2026, according to Alex Russell, Head of Audit and Assurance Strategy at ICAEW.
Influencing policy throughout 2025
- Article
- 17 Dec 2025
As the Labour government marked its first year in power, ICAEW has worked to ensure members’ views are heard by policymakers on important issues, including employment rights, industrial strategy, apprenticeship funding and audit and corporate governance reform.
FRC Wates Principles report: six lessons for preparers
- Article
- 11 Dec 2025
The FRC’s latest insights report on Wates Principles reporting highlights several ways that preparers can improve disclosures.
Non-Big Four firms grow PIE audit share
- Article
- 08 Dec 2025
The FRC’s latest Audit Market and Competition Update shows that, while the Big Four still lead when it comes to number of PIE audits, the share going to other firms is growing.
Governance reporting: clarity improved, culture remains weak
- Article
- 18 Nov 2025
The latest FRC Corporate Governance Reporting Annual Review is broadly positive but identifies some specific areas for improvement.
Charity Governance Code revamp urges reflection on board behaviours
- Article
- 05 Nov 2025
The biggest revision to the Code in eight years is launched during Trustees’ Week and sees a shift away from processes and recommended practice to getting charity boards to reflect on their effectiveness.
Six steps to strengthen governance ahead of new Provision 29 requirements
- Article
- 22 Oct 2025
Corporate governance is at a crossroads. Experts warn that frameworks that once looked robust are no longer enough, particularly as revisions to Provision 29 come into force in January 2026.
Audit firm numbers decline
- Article
- 17 Oct 2025
The Financial Reporting Council’s Key Facts and Trends in the Accountancy Profession report indicates a slight slowdown in the audit market as we await more detail on audit reform – but audit income remains strong.
Government letter reveals audit reform intentions
- Article
- 14 Oct 2025
Proposals to cap audit market share may have been abandoned while the definition of PIE may expand to organisations with more than 1,000 employees and £1bn in turnover, according to ex-DBT minister.
ICAEW technical round-up: July 2025
- Article
- 31 Jul 2025
HMRC sets out digital ambitions as service issues persist, and audit reform remains delayed, while the FRC provides clarity on related party disclosures for small entities and Companies House communicates an implementation date for changes to accounts filing requirements.
Audit reform delay: ‘government should commit now’
- Article
- 25 Jul 2025
Alan Vallance calls for the government to prioritise the draft Audit Reform and Corporate Governance Bill as its delay is announced.
Revisions to Provision 29 of the UK Code: what auditors need to know
- Article
- 22 Jul 2025
What are the new requirements for companies under Provision 29 of the FRC’s Revised UK Corporate Governance Code?
FRC overhauls Stewardship Code
- Article
- 04 Jun 2025
The updated Investor Stewardship Code 2026 aims to reduce the reporting burden for signatories, following an extensive consultation.
ICAEW technical round-up: May 2025
- Article
- 29 May 2025
This month’s top stories feature a landlord tax avoidance scheme warning, a new ICAEW audit training film and an ISSB proposal to reduce Scope 3 sustainability reporting.
Influencing policy to support you: May 2025
- Article
- 29 May 2025
ICAEW has shared recommendations and insights from members on apprenticeship funding, inheritance tax changes, amendments to the Employment Rights Bill and the local audit market.
Reminder: 2025 Audit Regulations coming into effect
- Article
- 29 May 2025
2025 changes to Audit Regulations take effect on 1 June. The new regulations introduce a requirement for ICAEW-registered audit firms to notify ICAEW when appointed to certain complex or high-risk audits. There is also a new requirement for sole practice auditors to appoint an alternate. Sole practice auditors will have until the end of a six month transition period to appoint an alternate.
National procurement network ‘key to NHS audit resilience’
- Article
- 22 May 2025
A single national procurement framework to help NHS bodies appoint auditors and encourage NHS bodies to engage more with audit firms during the audit procurement process are among the solutions touted in a report from the FRC.
Influencing policy to support you: April 2025
- Article
- 30 Apr 2025
This month, ICAEW has been working to share members’ thoughts with policymakers on the potential impacts of the Employment Rights Bill, reactions to US trade tariffs and recognition of professional services in the UK’s Industrial Strategy.
Are audit committees in a better position now?
- Article
- 24 Apr 2025
Seven years of regulatory tightening and firms’ own restructuring has ensured the roles of audit committees and internal auditors are more important than ever.
Reminder: UK Corporate Governance Code changes
- Article
- 07 Feb 2025
The 2024 Corporate Governance Code has come into force bringing small changes in rules for the current year, but further changes are coming relating to risk and internal controls.
Displaying 1-20 of 101 results