Blog
NEWS & UPDATESSME Audits Need to Improve Part 1
Nearly a third of UK audits completed by small and mid-tier firms need ‘significant improvements’ after inspections by...
SME Audits Need to Improve Part 2
In last week’s blog ‘SME Audits Need to Improve’ we highlighted a recent report by the Financial Reporting Council...
Time to Review the ISQM
The International Standards on Quality Management (ISQM) has been effective since December 2022. It is applicable to...
POTAS Scheme – Northern Ireland Entity Named
The UK HMRC has issued a stop notice against a Northern Ireland company under the Promoters of Tax Avoidance Schemes...
CPD is Not a Load of Rubbish
Who said Continuing Professional Development (CPD to you and me) is a waste of time? Well did you know that an entity...
Role of the Money Laundering Reporting Officer (MLRO) – Part 2
In last week’s blog we looked at the overall responsibilities of the Money Laundering Reporting Officer This week we...
Role of the Money Laundering Reporting Officer (MLRO)
The term ‘MLRO’ is not mentioned in the legislation but at this stage has become well-established in practice. In this...
Tax Services to Majority Shareholders Could be Banned
A controversial proposal to update the UK FRC Revised Ethical Standard from the Financial Reporting Council in the UK...
AML Risks Increasing
The risks of money laundering occurring are changing all the time. At a recent ACCA Ireland Conference one of the...
Industrial & Provident Societies Acts 1893 to 2021
The intention of this blog is to comment on some of the differences between the Industrial & Provident Societies...
UK Economic Crime Act
The UK Economic Crime and Corporate Transparency Act, 2023 become law on 26 October 2023 (all 389 pages of it!). The...
Auditors – what regularly really means
The IAASA Ethical Standard for Auditors (Ireland) 2020 (the Standard) became effective on 15 July 2021. This blog...