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EY fined £3 5m for Stagecoach pension audit failings

EY fined £3 5m for Stagecoach pension audit failings
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United kingdomClaudia mortimoreMark harveyInternational standard on auditingStagecoach group pension schemeEast coast mainlineRailways pension schemeLocal government pension schemeInternational standardAssociated british engineering

Does more auditor reporting mean better reporting?

Does more auditor reporting mean better reporting?
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United statesUnited kingdomAnne thompsonMiguel minutti mezaRobert hodgkinsonDennis mcgowanFinancial reporting councilUniversity of miamiInternational standard on auditingPublic company accounting oversight boardInternational auditingAssociate professorFinancial statements whenAuditor expressesUnqualified opinionAssurance standards board

No, latest Auditor-General s report does not say US$140m diamonds were stolen

No, latest Auditor-General s report does not say US$140m diamonds were stolen
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South africaZimbabwe generalMthuli ncubeMinerals marketing corporation of zimbabweInternational standard on auditingZimbabwe consolidated diamond companyAuditor generalMinerals marketing corporationInternational standardKimberley process certification schemeMurowa diamondsKimberley processதாதுக்கள் சந்தைப்படுத்தல் நிறுவனம் ஆஃப் ஸிஂபாப்வேசர்வதேச தரநிலை ஆன் தணிக்கைஸிஂபாப்வே தொகுக்கப்பட்டு வைரம் நிறுவனம்தணிக்கையாளர் ஜநரல்

Zimbabwe Auditor-General s report does not say US$140m diamonds were stolen- Zimfact

Zimbabwe Auditor-General s report does not say US$140m diamonds were stolen- Zimfact
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South africaZimbabwe generalMildred chiriMthuli ncubeMinerals marketing corporation of zimbabweInternational standard on auditingZimbabwe consolidated diamond companyAuditor generalMinerals marketing corporationInternational standardKimberley process certification schemeMurowa diamondsKimberley processலேசான சிரிதாதுக்கள் சந்தைப்படுத்தல் நிறுவனம் ஆஃப் ஸிஂபாப்வேசர்வதேச தரநிலை ஆன் தணிக்கை

IAASB releases audit quality management guides

The IAASB also plans to issue an implementation guide for International Standard on Auditing 220 (Revised), Quality Management for an Audit of Financial Statements, in Q3 this year. The new quality management standards are set to take effect on Dec. 15, 2022, but the IAASB is encouraging all practitioners to plan early for appropriate implementation, given the potential impact of the changes to their firms’ systems of quality management. The IAASB, which is affiliated with the International Federation of Accountants, cautioned that the new publications don’t amend or override the International Standards on Quality Management, the texts of which alone remain authoritative. Reading the publications isn’t a substitute for reading the ISQMs.

International standards on quality managementInternational standard on auditingInternational federation of accountantsInternational auditingAssurance standards boardInternational standardQuality managementFinancial statementsInternational federationInternational standardsசர்வதேச தரநிலைகள் ஆன் தரம் மேலாண்மைசர்வதேச தரநிலை ஆன் தணிக்கைசர்வதேச கூட்டமைப்பு ஆஃப் கணக்காளர்கள்சர்வதேச தணிக்கைஉறுதி தரநிலைகள் பலகைசர்வதேச தரநிலை