ArticleListing Regime – Primary Market Bulletin No. 45 PublishedThe FCA has published Primary Market Bulletin 45, which contains guidance for issuers on a number of topics.United KingdomAccounting and AuditHerbert Smith Freehills Kramer LLP
ArticleFRC Publishes Details Of Its Functions And PowersOn 28 June 2017, the Financial Reporting Council ("FRC") published a schedule of its functions and powers, which replaces the schedule in its 2014 publication.United KingdomCorporate/Commercial LawA&O Shearman
ArticleThe Failure Of Public Interest Companies To Appoint An Auditor (Video)In this video for LexisNexis, Partner Tim Crockford and Senior Associate David Milner in the Accountants Liability team consider what happens when a publicly traded entityUnited KingdomCorporate/Commercial LawClyde & Co
ArticleDemocrats Propose Mark-to-Market Tax And Increased Audits On High-Net-Worth IndividualsDemocrats at both the federal and state levels are proposing a "mark-to-market" tax and legislation that would mandate more audits on high-income taxpayers.United KingdomTaxHogan Lovells Cadwalader
VideoThe Global Tax Reset (Video Content)Tax has become a significant strategic business issue. The global landscape of BEPS, unilateral action by countries and increased international tax audits, is resulting in a global tax reset.WorldwideTaxDeloitte
ArticleAudit: Institutional Investor Committee Guidance On Audit TenderingThe Institutional Investor Committee published guidance for audit committees when companies put their audit contracts out to tender. United KingdomAccounting and AuditA&O Shearman
ArticleAuditing Governance - Having A Voice Where It CountsFollowing the CIIA guidance ‘Effective Internal Audit in the Financial Services Sector’, Internal Audit functions are explicitly expected to voice their views on the effectiveness of governance practices. United KingdomAccounting and AuditDeloitte
ArticleBudget Responsibility Bill Introduced Into ParliamentOn July 18, 2024, the Budget Responsibility Bill 2024-25 had its first reading in the House of Commons. Its second reading is scheduled for July 30, 2024. United KingdomAccounting and AuditNorton Rose Fulbright Hong Kong
ArticleFRC Publishes First Audit And Assurance Lab ReportOn 18 December 2017, the Financial Reporting Council (the "FRC") announced publication of its pilot Audit & Assurance Lab report. United KingdomAccounting and AuditA&O Shearman
ArticleFRC Publishes Revised Guidance For Auditors When Agreeing To The Publication Of Preliminary AnnouncementsOn 15 December 2017, the FRC published a bulletin entitled "The Auditor's Association with Preliminary Announcements made in accordance with U.K. Listing Rules."United KingdomAccounting and AuditA&O Shearman
ArticleMore Companies To Be Exempt From AuditFrom 1 October 2012, subsidiary companies will no longer need to have their annual accounts audited provided that, among other things, their parent company agrees to guarantee all liabilities of the subsidiary that are outstanding at the end of that financial year. United KingdomAccounting and AuditCMS Cameron McKenna Nabarro Olswang
VideoNeil White CAE Survey Video #2Deloitte Global Internal Audit Analytics Leader Neil White notes skyrocketing use of analytics in Internal Audit and the advantages to be gained, based on a survey of 1,203 chief audit executives. United KingdomAccounting and AuditDeloitte
VideoQuestions? Deloitte - VideoIn the current economic climate, the questions are manyUnited KingdomAccounting and AuditDeloitte
VideoTerry Hatherell CAE Survey Video #1Terry Hatherell CAE Survey Video #1.United KingdomAccounting and AuditDeloitte
ArticleUS Corporate Law News: IRS Adopts New Regulations Governing The Audit Of Tiered PartnershipsOn December 19, 2017, the IRS published new regulations implementing a centralized partnership tax audit regime under the Bipartisan Budget Act of 2015.United KingdomAccounting and AuditWithers LLP
ArticleDCAA MRD: Early Engagement Of Forward Pricing Price Proposals And Forward Pricing Rate ProposalsDCAA posted to its website an MRD that is titled "Audit Alert on Early Engagement of Forward Pricing Price Proposals and Forward Pricing Rate Proposals" ...United KingdomGovernment, Public SectorHKA
ArticleBrexit Corporate Update - February 20, 2020The Financial Reporting Council (FRC) and Department for Business, Energy and Industrial Strategy (BEISEuropean UnionAccounting and AuditHerbert Smith Freehills Kramer LLP
ArticleToday´s Budget included increased Amusement Machine Licence Duty (AMLD) ratesToday's Budget included increased Amusement Machine Licence Duty (AMLD) rates which will impact the bookmaker industry in particular - as well as arcades and clubs. Previously bookmakers were paying no AMLD on Fixed Odd Betting Terminals (FOBTs), instead, until November 2005 they were paying betting duty on net takings at 15%.United KingdomTaxDeloitte
ArticleCorporate Reporting – UK FRC Guidance For Auditors In Relation To Provision 29 DisclosuresA Mythbuster published by the Financial Reporting Council aims to clarify auditors’ responsibilities in relation to new internal control disclosures in annual reports.United KingdomCorporate/Commercial LawHerbert Smith Freehills Kramer LLP