In this blog, Helen explores the importance of energy and carbon reporting, its impact on businesses, and the role of auditors in ensuring accurate and reliable reporting.
Audit
What is ISQM 1 and ISQM 2?
Two new standards were introduced in December 2020 by the International Auditing and Assurance Standards Board (IAASB), which were then adopted by the UK’s Financial Reporting Council (FRC).
Audit of Less Complex Entities – what does this mean for auditors?
According to the International Auditing and Assurance Standards Board (IAASB) “Worldwide, small- and medium-sized entities account for more than 90% of businesses and more than 50% of employment”
Why are we qualified to carry out a Solicitor Accounts Rules Audit?
The Accounts Rule 12.5, holds members responsible for ensuring the reporting accountant who prepares and signs the Accountant’s Report is a member of a chartered accountancy body and is, or works for, a registered auditor.
Does my subsidiary require an audit?
Due to company law changes brought about by Brexit, it is worth noting that a previous audit exemption that was available to the UK subsidiary of an EEA parent company is no longer available for accounting periods commencing on 1 January 2021.
Does my business have to be audited?
Does your company need an audit? What is involved? We answer all of this and more to give you an idea of what an audit means to your business
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