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Accounting & Finance

19 October 2018

#MeToo one year on: can we expect regulatory guidance soon?

This week marks the first anniversary of the start of #metoo movement. The last 12 months have seen a seemingly unabaiting global conversation about the rising number of reports of sexual harassment, both inside and outside the workplace. Julie Norris and Charlotte Judd discuss sexual harassment in the workplace and firms’ regulatory obligations, calling for better #metoo related guidance from accounting regulators.

Julie Norris

19 April 2018

First time offenders avoid exclusion in ICAEW disciplinary hearing

In a decision published this month, ICAEW member firm Butterworth Barlow Ltd and its Directors, Gavin Butterworth and Barry Barlow, were given severe reprimands and fines following an ICAEW disciplinary hearing earlier this year.

18 April 2018

A new international ethical compass for regulated accountants

Last week The International Ethics Standards Board for Accountants® (IESBA®) released a new Code of Ethics for professional accountants. The IESBA is the global independent standard-setting body that sets ethical standards, including auditor independence requirements for professional accountants. IESBA is one of the standard setting boards of the International Federation of Accountants (IFAC). IFAC is a global body for the accountancy profession which aims to strengthen the profession and contribute to the development of strong international economies.  

Julie Matheson

11 April 2018

Will Grant Thornton be the catalyst for change in the audit market?

Grant Thornton last week announced that it has decided to opt out of bidding for audit work for FTSE 350 companies, in a move that could ultimately cause a seismic shift in the audit market.

Julie Matheson

6 March 2018

Accountancy Profession Breaking Down Geographical Borders

Last week, the Institute of Chartered Accountants of Scotland (ICAS), US accountancy bodies The National Association of State Boards of Accountancy (NASBA) and The American Institute of CPAs (AICPA), signed an agreement which will allow for their respective members to practise in the other’s jurisdiction. This will be an exciting development for ICAS members who will, after meeting certain requirements, be able to practise in the US; a perfect opportunity to work in audit whilst experiencing all that America has to offer.

Julie Matheson

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