Prominence of professional scepticism is growing among standard-setters and other stakeholders in all types of assurance engagement, says Katharine Bagshaw.
How the FRC are encouraging auditors to use going concern
In light of the demises of large companies such as Carillion and BHS, the Financial Reporting Council now wants auditors to do more work around going concern. Acting director, UK auditing standards and competition, Mark Babington explains why the regulator has come to this decision.
Internal Audit Resource Centre
Access International IA standards and recent thought leadership papers relating to internal audit.
Auditing groups – subsidiaries
Technical helpsheet issued by to help ICAEW members to understand their responsibilities regarding subsidiaries when auditing the group accounts and the implications on the auditor’s report where access to the financial information of subsidiaries is denied by the parent entity.
Less is more when it comes to audit documentation
Audit & Beyond speaks to John Selwood about his tips to minimise unnecessary documentation and how to avoid documenting irrelevant and unimportant things.
John Selwoods audit clinic
In this edition of Audit Clinic, John considers several issues surrounding going concern.
A Practical Guide to Auditing Related Party Transactions
Practical guidance on the audit of related party transactions in SME businesses and charities.
YouTube fined USD 170 mln for violating children’s privacy with tracking cookies
(Telecompaper) Google and its subsidiary YouTube have agreed to pay USD 170 million to settle allegations by the Federal Trade Commission and the New York Attorney General that YouTube illegally collected personal information from children without their parents’ consent. This is the largest fine ever under the Children’s Online Privacy Protection Act, first passed in the US in 1998.
Amazon updates Fire TV Cube, expands Fire smart TVs to Europe
(Telecompaper) Amazon.com announced a new generation of its Fire TV Cube as well as new Fire TV smart TVs. The TVs will be distributed in Europe for the first time, in partnership with local retailers and manufacturers.
Samsung to offer extra customer service, onboarding for Galaxy Fold
(Telecompaper) Samsung announced it will offer additional customer service for the Galaxy Fold when it launches later this month. After the technical problems with the original launch in April, Samsung is offering customers a free, one-on-one ‘onboarding’ session to introduce them to the device, as well as a contact service for any questions or problems.