Day: 21 April 2021

Whistleblowing in accountancy: time for a split

According to the UK accounting regulator, in the past two years, four out of five substandard audit processes are attributable to auditors’ failure to challenge companies’ numbers. In a report published by the Financial Reporting CouncilFinancial Reporting Council, it stated that in 80% of audits deemed “needing improvement”, the effectiveness of challenge was regarded as […]

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