CONCERNS ABOUT AUDIT QUALITY ARE PROMPTING UK EFFORTS TO FORCE ACCOUNTING SECTOR TO RAISE ITS GAME
January 1st, 2020
WITH financial frauds growing in complexity and sophistication, it goes without saying that the importance of forensic accountants and auditors in spotting wrongdoing is increasing - so it is worrying when evidence suggests that the quality of audits maybe declining. Pressure on the audit profession in the UK, for instance, has intensified amid criticism for failing to spot financial problems at well-known companies, such as Carillion and Patisserie Valerie.
The Queen’s Speech of the newly elected majority government of Prime Minister Boris Johnson was ...
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