Chartered Accountants in Huddersfield

This guide is designed to explain the main changes that are needed to the separate audit reports of a group and parent company compared to that of a company only.

The 2021 Training Providers’ Meeting included presentations and Q&A panels on upcoming revisions to ISAs UK and a monitoring session covering recent areas of focus

This webpage considers some FAQ on the new International Standard on Assurance Engagements (UK) 3000 (July 2020): Assurance Engagements Other Than Audits Or Reviews Of Historical Financial Information published by the Financial Reporting Council (FRC) in July 2020.

This guide was developed by the Audit and Assurance Faculty with the Business Law Department in July 2020 and is based on the relevant laws and regulations that apply as at 1 July 2020.

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.