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
Data analytics is transforming the way business operates and the different skills that are needed to stay ahead of the competition. Audit insights: data analytics explores the impact of data analytics on business and provides management with a high-level approach to data analytics.
By George W. Russell Since last month, auditor’s reports on listed companies’ financial statements have become dramatically different from those that have been issued for many years. George W. Russell takes a look at what this means for auditors and other stakeholders in terms of challenges and benefits. This past financial year marked a sea change… Read More Reliable reports
By George W. Russell China is the world’s fastest growing insurance market and third largest in overall size. However, competition is intense amid lower margins and heavier regulatory scrutiny. George W. Russell looks at the state of the sector as it also gears up for major changes in accounting standards. Along with Burberry scarves and… Read More Premium products
By Noreen O’Halloran Noreen O’Halloran considers what the European Union’s Audit Reform project means for audit committees and statutory auditors alike. The European Union’s (EU) Audit Reform aims to improve the quality of statutory audits and re-establish shareholder confidence and public trust in the statutory audit process. It imposes a number of requirements on the statutory… Read More EU audit reform