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NEWS & UPDATESMessi should appear on balance sheet for the first time!
Who says accountancy is boring? I am no PSG or Barcelona fan, but you must admit, that even at age 34, Messi is...
Six Key Habits of Good Audit Firms
Executing a good audit is never easy as most auditors and their clients are under severe time and budgetary pressure....
Banned
Recent blogs have dealt with some of the changes to the Ethical Standard for Auditors and to ISQC1 some important...
The Auditor as Referee
As we mentioned in last week’s blog, we are writing a series of blogs on the recent changes to the Ethical Standard...
Do you know your RITP from your IES 8?
Recent changes to the Ethical Standard for Auditors in Ireland mean that there is much less chance of auditing being a...
Investment Property under FRS 105
What’s the difference in treatment of investment property between FRS 105 and FRS 102? Too many accountants rely on...
Is your AML Firm-Wide Risk Assessment up to Date?
As far as accountancy firms go, there is a requirement for each firm to prepare an anti-money laundering (AML) written...
FRC Rent Concession May Impact Financial Reporting
In response to the continuing impact of Covid 19 the Financial Reporting Council (FRC) has extended the accounting...
How Tesla Prevents Corruption
Recently while researching material for one of my anti-money laundering (AML) training courses, I came across the 5...
Don’t Be a Money Mule
The term money mule refers to the transfer of illegally obtained funds between bank accounts on behalf of others....
Challenges for Auditors During the Pandemic – Part 3
This is our third and final blog about the results of audit monitoring inspections during the Pandemic. In Part 2 last...
Challenges for Auditors During the Pandemic – Part 2
This is Part 2 of our series of three blogs about the impact that the Coronavirus (COVID-19) is having on evidencing...