Non-audit services: no change please

The Auditing Practice Board has published 137 responses to its consultation on audit firms providing non-audit services to listed companies that they audit. A consistent theme in may of the responses is a call for further transparency in disclosures in accounts of listed companies in relation to the non-audit work undertaken by …… continue reading >>

FRC urges caution on bundled audits

The UK’s Financial Reporting Council (FRC) has warned against companies signing up for ”bundled audits” pending completion of a review into the ethical questions surrounding their use.

As we reported in August, the downturn has encouraged the development of a new type of audit which blends internal and external audit. Rentokil claims to …… continue reading >>

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