The guidance aims to facilitate a structured approach for integrating AI tools within audit processes and to clarify ...

AI is rapidly transforming the audit sector, with firms including the Big Four heavily investing in AI-powered tools to ...

Shell is filing amended US regulatory documents after EY informed the oil giant that its lead audit partner violated SEC and ...

The UK government has initiated three consultations to improve sustainability reporting and assurance. The Institute of ...

Shell is to file amended regulatory filings after EY told the oil giant it broke audit rules after its lead partner ...

The Financial Reporting Council (FRC) has launched a public consultation on a UK version of the newly finalised global sustainability assurance standard, ISSA 5000. The standard intends to enhance the ...

FRC finds UK audit giants failing to track the impact of AI tools on audit quality, despite rapid adoption across the profession.

Shell said on Wednesday that the EY partner who led the audit of its 2023 and 2024 financial results had exceeded the period allowed under strict rotation rules set by US regulators, meaning the ...

The Financial Reporting Council (FRC) has opened consultation on a proposed UK version of a new global sustainability assurance standard, aiming to give local assurance providers a clearer framework ...

KPMG was issued with a financial sanction of £1.25million, discounted to £690,625 while Nick Plumb received £70,000, reduced to £38,675.