UK to Ease Oversight of Big Audit Firms in Starmer’s Growth Push

The UK’s Financial Reporting Council is set to cut the number of inspections it carries out at major audit firms in what it ...
Crude Oil Prices

UK Watchdog Probes EY’s Audit of Shell Over Partner Rotation Breach

The UK Financial Reporting Council (FRC) has formally opened an investigation into Ernst & Young LLP’s statutory audit of Shell plc’s consolidated financial statements for the year ended December 31, ...
Accountancy Age

UK audit reform may be shelved, but finance teams cannot afford to stand still

The UK Government’s decision to scrap the long-anticipated Audit and Corporate Governance Reform Bill closes the door on one of the profession’s most closely watched regulatory overhauls. For many ...