The Financial Conduct Authority (FCA) has recently published their findings following a market study of the asset management industry. Ross Middleton CA explains the implications. Whilst the study had a broad remit, the main emphasis concentrated on performance, charges and the level of competition within the industry, particularly in relation to those firms offering collective… Read More Pressure increases on asset management industry
The Institute’s regulatory and disciplinary function is central to maintaining trust and integrity in who we are and what we do. The regulatory landscape faced by the profession has changed beyond recognition over the last two decades. For Chartered Accountants Ireland, this landscape is made even more complex by the fact that we have regulatory… Read More A changing and challenging landscape
By David Malamed What solutions exist to improve the possibility of recouping losses, which can range from small amounts to some of staggering proportions? “In 2013 recovery auditors returned more than US$3 billion into [Medicare’s] coffers,” US publication Modern Healthcare reported in September 2014, noting that providers that appealed those audits won fewer than one… Read More Road to recovery
By Anne Adrain In the second of a series of three articles on the use of audit data analytics (ADA), I summarise five opportunities that might emerge for the audit profession.
Charities play a significant role in the fabric of our national life, but they are being scrutinised more closely than ever. In this Audit insight, ICAEW has collated the expert knowledge of external auditors and ICAEW specialist staff to set out a series of recommendations to help charities to demonstrate their positive impact and become… Read More Charities: positive impacts in challenging times
As technology fundamentally changes the nature of the audit, how can auditors use technology to enhance the way they analyse information? Eoin MacManus reports. Our future is characterised by unparalleled organisational and informational complexity, with corporate and business reporting evolving rapidly. If the audit is to keep pace with these changes, we should ask ourselves… Read More The audit of the future