Audit

Is the FRC doing a good job?

By Cliff Weight, Director, ShareSoc. I think the FRC is doing a much better job. The record fine for Deloitte re Autonomy, (see Compliance Week: FRC fines Deloitte record $19.4M for Autonomy audit failures ) and the fines at Redcentric and Redcentric's auditors, and the prosecutions of former Redcentric directors in Southwark Crown Court are further evidence that things are changing. As is the transitioning from FRC into ARGA. But don't take my word for it. Come to the FRC events we have organised ...

PWC and the future of audit

We have been contacted by PWC about the future of audit. The letter below from Hilary Eastman at PWC to Peter Parry explains the background.  Please do access the on-line platform and send comments in. There are only a handful of questions and it is quick to do. www.pwc.co.uk/futureofaudit   More importantly, you will see that PWC is organising a number of engagement events around the country. Please send your name to the ShareSoc office info@sharesoc.org  if you would like to attend one of these ...