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Regulatory Blog

20 January 2023

What's on the horizon for audit and accountancy regulation in 2023?

Against a volatile geopolitical and economic backdrop, 2023 is shaping up to be another critical year for the accountancy and audit regulatory landscape. In these interesting and challenging times, what should firms and professionals operating in the accountancy sector expect to see on the horizon for the year ahead?

Julie Matheson

16 January 2023

Sex, drugs and ChatGPT – five top tips for students experiencing the new age of higher education

University students in 2023 face a substantially different range of challenges to students in decades past. The reality is that universities have had to adapt rapidly to a post-#MeToo era, virtual learning and artificial intelligence – which have collectively caused a cacophony of issues in relation to student safety, welfare and the integrity of the academic world.

Shannett Thompson

19 December 2022

A regulatory wish-list

Only 9 sleeps until Christmas, and the Christmas party season is in full swing. It goes without saying that with the disruption and unprecedented difficulties we all faced with the Covid-19 pandemic, and the challenging times we continue to find ourselves in, this festive period is a welcome opportunity for many to re-connect and, frankly, switch off from the pressures and worries of current everyday life.

15 December 2022

The FRC focuses on mid-tier firms with a new annual report and increased support measures

The Financial Reporting Council (FRC) has published, for the first time since it became the UK Competent Authority for statutory audit in the UK, a separate audit quality inspection and supervision report for Tier 2 and Tier 3 audit firms, along with plans to establish greater support for these smaller firms

Julie Matheson

9 December 2022

Unlimited SRA fines on the horizon

The government is on a path to introduce legislation that will enable the Solicitors Regulation Authority to take greater action against the ‘facilitators’ of money laundering; law firms will soon need to brace themselves for unlimited fines from the SRA for ‘economic crimes’.

Julie Norris

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