The UK government does not know how much it spends on consultants, despite a push to cut its bill for external advisers, ...

LONDON, Jan 20 (Reuters) - Britain's accounting watchdog has started an investigation into the audit conducted by KPMG of the financials of bookmaker Entain (ENT.L), opens new tab for the year ended ...

The National Audit Office said it took nearly three years for the U.K. Financial Conduct Authority to address illicit activity in crypto ATMs nationwide. The U.K's National Audit Office (NAO) has ...

The Public Company Accounting Oversight Board (PCAOB) has had one of its busiest years in recent memory, including with respect to standard setting, inspections and enforcement. Below is a summary of ...

The rise of AI in audit is unavoidable. This analysis explores the ethical risks of bias, the regulatory need for Explainable AI (XAI).

LONDON: Britain's Financial Reporting Council has fined accounting giant PwC 4.5 million pounds ($5.8 million) in relation to the audit of Wyelands Bank for its 2019 financial year, the regulator said ...