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28 July 2021

What does good audit practice look like? A thematic analysis of the FRC’s Annual Audit Quality Inspection Results 2020/21

Just a couple of weeks after the BEIS’ white paper consultation on audit and corporate governance reform closed for responses, the Financial Reporting Council (FRC) has published its annual audit quality inspection results for 2020/21 of Britain’s 7 largest audit firms (the ‘AQR results’).

Julie Matheson

26 July 2021

Harcus Sinclair v Your Lawyers - Another nail in the coffin of solicitors’ undertakings?

Every solicitor knows that an undertaking is serious stuff.   Arguably it is the greatest power available to a solicitor.  A promise, if broken, that will lead to immediate and serious consequences for the giver.  As such it can be relied upon to the ends of the earth.  The power of undertakings has meant that they sit at the heart of every property transaction, bridging the time gap between the sending of money and the receiving of title.  They are also used in other areas of commercial life and as part of litigation.  The “brand” of a solicitor’s undertaking is so powerful that little thought is given as to where their power comes from. 

Iain Miller

22 July 2021

Student misconduct investigations – What is #trending ?

Poor investigation and disciplinary proceedings in universities for students accused of academic or non-academic misconduct are unfortunately common.  But what should Universities be doing to support those who are the subject of an investigation and how should universities ensure their procedures protect all parties involved?

22 July 2021

Maintaining the boundaries of personal and professional life: new ethics guidance for professional accountants

The Consultative Committee of Accountancy Bodies (CCAB) has issued new guidance for professional accountants on the boundaries of professional and private behaviour, setting out for the first time a list of agreed common principles which will apply when a professional accountant’s behaviour in their personal life could become of regulatory interest to their professional body.

Julie Matheson

20 July 2021

Fire Safety Act and Draft Building Safety Bill – what will they mean for those working in the built environment?

On 29 April 2021 the Fire Safety Act received Royal Assent after a protracted passage through Parliament. For those working in the built environment, the Act brings greater fire safety responsibilities, Hannah Eales of Kingsley Napley explains;

Hannah Eales

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