Latest news
AML Supervision Report 2025/26 now live
- 22 Oct 2026
Our latest report shares key findings from our monitoring reviews, highlighting where firms are making progress and where further improvements are needed. Plus, resources and a look at AML in 2026/27.
Auditbites - ISQM 1
- 07 Oct 2026
We explain the requirements for Systems of Quality Management under ISQM 1, including compliance obligations, common pitfalls and practical guidance to help firms improve audit quality continuously.
Audit monitoring insights 2026 - ISQM 1
- 07 Oct 2026
We explore what good monitoring looks like in practice, using real-life examples to show how firms can tailor their approach to their own circumstances.
Just launched: Auditbites
- 06 Oct 2026
Short, practical videos covering key audit requirements and common issues. Created to help busy audit professionals stay up to date and support better audit quality.
ICAEW launches Constructive Engagement pathway for lower-level audit conduct matters
- 01 Oct 2026
ICAEW has introduced Constructive Engagement, a new pathway for resolving eligible lower-level audit conduct matters outside the formal disciplinary process. Live from 1 October 2026, the approach is designed to support timely remediation, improve audit quality and provide a proportionate route for cases that meet strict eligibility criteria.
October 2026 changes to the Audit Regulations
- 16 Sep 2026
From 1 October 2026 revised Audit Regulations will be in force. The main change (to regulation 2.19) clarifies that in some cases where a registered audit firm has breached the eligibility requirements, a dispensation to allow it to continue as a statutory auditor can be for no more than 90 days. This aligns with the requirements of the Companies Act 2006. Additional minor amendments have been made to clarify other items.
Temporary compliance issues: when and how to apply for a regulatory dispensation
- 11 Aug 2026
If you or your firm can no longer comply with certain regulatory requirements, you may be able to apply for a dispensation to continue providing regulated services while the issue is resolved. Read our guidance to understand eligibility and timescales and how to apply.
RI applications: changes to the audit experience table
- 01 Jul 2026
The application form for responsible individuals (RIs) has been updated to include more reflection on how well an applicant demonstrates core auditing behaviours. ICAEW’s Elaine Griffiths, Director of Regulatory Practice, and Helena Murray, Head of Regulatory Practice (Audit), discuss the changes and what they mean for firms and RIs.
All available issues of Audit News e-newsletters
Audit News 75, October 2024
- Newsletter
- 25 Oct 2024
Learn about recent updates to the UK Audit Regulations as some changes could impact on your firm’s eligibility to be audit registered. Act now to ensure compliance. Also find the 2023/2024 Audit Monitoring Report and recording from its accompanying webinar, plus an update on ISQM 1 monitoring.
Audit News: issue 74, June 2023
- Newsletter
- 20 Jun 2023
In this issue, read about changes under the special entrant route for the Audit Qualification, how firms are implementing ISQM 1, and changes to the UK Audit Regulations. We also provide updates from the Professional Standards Department around CPD, the disciplinary process and more.
Audit News: Issue 73
- Newsletter
- 15 Mar 2023
In this issue we highlight concerns from our Quality Assurance Department about audit quality in 2022, key ISQM 1 resources, the latest UK Audit Regulations and changes to the disciplinary framework which will take effect on 1 June.
Audit News: issue 72
- Newsletter
- 10 Nov 2022
Read about PIE audits and new registration requirements, risk alert for new audit tenders, auditor resignations and your responsibilities, good practice when taking on new audits, local audit quality inspection results, quality management in audit firms, ISA 600 and what’s new in group audits, compliance reviews as a positive learning experience, enhanced ICAEW membership, and Quality Assurance monitoring feedback results.
Audit News: Issue 71
- Newsletter
- 16 Jun 2022
Read about our monitoring approach to implementation of ISQM1, audit monitoring visits update, why clarity is vital in auditor resignation statements, FRC changes to registrations for auditors, government’s audit reform plans, revised Irish audit regulations audit guidance in response to the Ukraine crisis, reporting matters of material significance to charity regulators, and the latest Professional Standards updates.
Regulation & Conduct News
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