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GlobalData on MSNUK’s FRC publishes guidance on AI use in auditThe guidance aims to facilitate a structured approach for integrating AI tools within audit processes and to clarify ...
Shell will amend its regulatory filings with the US Securities and Exchange Commission for the two years EY had breached the rules, while the FRC said it was aware and reviewing the issue in the UK.
AI is rapidly transforming the audit sector, with firms including the Big Four heavily investing in AI-powered tools to ...
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GlobalData on MSNICAEW addresses UK’s sustainability reporting assurance consultationThe UK government has initiated three consultations to improve sustainability reporting and assurance. The Institute of ...
FRC finds UK audit giants failing to track the impact of AI tools on audit quality, despite rapid adoption across the profession.
A senior partner at KPMG's Newcastle office and the wider professional services firm have been fined by sector watchdog the ...
Audit has continued to be in the spotlight with more calls for reform alongside continuing auditing fines, the most recent being KPMG’s audit of ...
Sarah Rapson, the UK Financial Reporting Council's executive director of supervision, has been announced as the incoming ...
Efforts are being made to provide clarity to the audit profession on how it uses artificial intelligence (AI), as the emerging technology continues to ...
Due to EY non-compliance with audit partner rotation rules, Shell to update 2023 and 2024 Form 20-Fs; financial statements remain unchanged London, July 2, 2025 – Ernst & Young LLP ("EY") has advised ...
The executive director of supervision at the Financial Reporting Council has today been named as the new chief executive of ...
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