accountingcpd blog

  1. The Briefcase 44: Suspicious Stuff: Some Scandalous Stories of Serious Scams

    A look at Mars FX, Wirecard, Parmalat and other accounting scandals where missing money, red flags and audit failures collide.

  2. The Briefcase 35: Just One More Thing - Accountants and Professional Scepticism

    Professional scepticism might not involve cigars or long coats, but it does require the same instinct - asking the question others might overlook.

  3. Auditing is Boring - Until It Matters

    Why did the UK drop its long-promised audit reform? This article reflects on Carillion, ARGA, and why audit only gets attention when things go wrong.

  4. Getting to know all about you

    PwC's £2.9M penalty for audit failures at Wyelands Bank reveals how ignoring basic principles - understanding your client's business - can prove...

  5. WGA and Audit Issues

    In December the National Audit Office took an unprecedented step in refusing to sign off the Whole of Government Accounts for 2022/23.

  6. Audit Reform Given the Green Light

    In his speech on 17 July 2024, the King confirmed that the Draft Audit Reform and Corporate Governance Bill would be given the go ahead.