Pensions Regulator targets non-compliant employers

Employers who are failing to meet their auto-enrolment obligations are being targeted with mandatory short-notice inspections by The Pensions Regulator (TPR). From 15 May 2019, and continuing through the summer, TPR will use data to detect employers who are suspected...

7 in 10 people want to see audit evolve

Most people think the audit industry should evolve in a way that will prevent company failures, research has revealed. The Association of Chartered Certified Accountants (ACCA) surveyed 11,000 people across 11 countries, and found that 70% would like to see audit...

Audit industry shake-up gathers momentum

The Competition and Markets Authority (CMA) has thrown its weight behind MPs who have called for a break-up of audit and consultancy services. Earlier this month, the Business, Energy and Industrial Strategy Committee highlighted a conflict of interest between audit...

MPs call for ‘structural break-up’ of Big Four

The UK's largest accountancy firms should be split into audit and non-audit businesses, according to recommendations from a Government committee. The Business, Energy and Industrial Strategy (BEIS) Committee published a report highlighting a potential conflict of...