UK Grant Thornton hit with £40,000 fine by UK audit watchdog Firm failed to comply with regulatory frameworks in the audit of a local authority pension fund
Companies KPMG fined £1.5m over M&C Saatchi auditThe British regulator pointed to ‘serious audit failings’ and ‘breaches of audit standards’
Companies Small businesses to get second chance at audit exemptionUnder proposed changes to law, late-filing companies will not automatically be required to pay for an audit
Finance Grant Thornton appointed external auditor of Central Bank in €3m dealContract will run from 2023 to 2027 with an option for an additional two years
Local Government Audit finds Dún Laoghaire council employees approved their own requests for overtimeA statutory review by the Local Government Audit Service found a range of issues with the council’s overtime payments during 2021
Tom Maguire: Have your tax affairs in order when Revenue comes knockingThe key to a successful outcome in any audit is to take a proactive approach to compliance by doing regular self-reviews and ensuring that everything is as it should be
Tom Maguire: Audits will go ahead – but somewhat differentlyThe Revenue Commissioners have issued guidance on how audits should be conducted while Covid-19 restrictions are in place. What will it mean for the future?