Chartered Accountants in Huddersfield

Blockchain technology offers continuous, real-time accounting, makes fraud more difficult and will be a valuable tool for all stakeholders. Alexis Nicolau argues its importance for the audit profession and its future.

Setting audit materiality during the coronavirus crisis can be challenging, with considerations including alternative benchmarks, evaluation of misstatements and increased risk of fraud. Louise Sharp, Technical Manager at the Audit and Assurance Faculty, offers pointers and introduces the new faculty guidance.

Isabelle Campbell shares tips on staying positive under the pressure of the year-end period. Plus a round-up of wellbeing resources from CABA and ICAEW.

File reviews can highlight opportunities to enhance audit quality and effectiveness, particularly when conducted by external reviewers and/or combined with root cause analysis. Auditors share insights and practical tips on how to get the most from them.

Auditors’ judgements on promises of financial support may be easier to make with the assistance of faculty guidance.

Members working in or with the public sector will find ICAEW’s specialist resources more valuable than ever in the pandemic.

Access to webinars is included within your membership subscription.

Our roundup of regulatory news.

Alex Russell, Technical Manager, Audit Practice & Regulation at the Audit & Assurance Faculty explains why auditors will need to start thinking about risk differently.

The Audit and Assurance Faculty Board oversees the work of the faculty and its various technical committees. Comprising representatives from across the audit profession, each faculty board member brings with them a wealth of knowledge and understanding of the current and future issues affecting the audit profession.