GAA Accounting

The Journal of the Global Accounting Alliance

17/02/2017
by GAA Accounting
Comments Off on Charting a course through choppy waters

Charting a course through choppy waters

By Fiona Reddan Stephen Haddrill, Chief Executive of the Financial Reporting Council, talks to Fiona Reddan about the challenge of Brexit, his commitment to high-quality regulation and the need to rethink the role of audit. Brexit is in the air. … Continue reading

18/04/2016
by GAA Accounting
Comments Off on Improving audit quality control

Improving audit quality control

By Julia Morris The Engagement Quality Control Review is a pivotal means of safeguarding audit quality in audit firms, writes Julia Morris. The Engagement Quality Control Review (EQCR) is a key internal quality control used by audit firms on audits … Continue reading

16/02/2016
by GAA Accounting
Comments Off on Audit firms’ controls flawed

Audit firms’ controls flawed

By Julia Irvine Audit firms’ systems for monitoring the quality of the audits they carry out are not up to scratch, according to the Financial Reporting Council. As a result, the regulator says in its report on the principal findings of … Continue reading

05/10/2015
by GAA Accounting
Comments Off on Reforming reporting: An interview with Stephen Haddrill, UK Financial Reporting Council CEO

Reforming reporting: An interview with Stephen Haddrill, UK Financial Reporting Council CEO

By George W. Russell In the course of 25 years, Stephen Haddrill has progressed from Hong Kong’s Central Policy Unit to the top job at Britain’s Financial Reporting Council. He tells George W. Russell about translating reform-minded objectives into meaningful … Continue reading

02/10/2015
by GAA Accounting
Comments Off on FRC brings in non PIEs to the ARD equation

FRC brings in non PIEs to the ARD equation

The Financial Reporting Council is proposing to heavily restrict the ability of auditors of small non-public interest entities (PIEs) to give their clients tax advice.