Read how firms can improve the quality of their audit work based on the findings of our Quality Assurance reviews.

Read recent issues of our e-newsletter for the latest audit news and technical guidance.

The Audit Regulations have been updated to include an amended definition of ‘voting rights’ and a new definition for ‘majority’. Check your firm will remain eligible for audit registration by 1 April 2025.

Everything you need to know about updates to the UK Audit Regulations effective from 1 October 2024 as well as a roadmap of further changes coming in 2025.

ICAEW’s Restructuring and Insolvency Community roadshows cover key issues facing insolvency practitioners (IPs). In the final webinar of the 2024 series, Allison Broad, Head of Insolvency Monitoring, and Victoria Alexandrou, Insolvency Manager, discussed the most important findings from monitoring reviews, and highlighted some recent and upcoming changes affecting IPs.

We have updated our statements of insolvency practice (SIPs) web pages to ensure easier access to the current SIP.

Statements of affairs and deficiency accounts are relatively simple documents, but ICAEW’s Quality Assurance Department is finding that insolvency practitioners (IPs) aren’t making sufficient enquiries to enable them to prepare a correct statement of affairs. In the first of a two-part series, we focus on statements of affairs and offer some tips on ensuring they are accurate and compliant.

Over the past 12 months our Quality Assurance Department’s insolvency team has been reviewing its approach to monitoring visits. The resulting changes may mean your next review date is brought forward, or that you have moved from a three to a six-year cycle. We recap the recent changes insolvency practitioners (IPs) should be aware of.