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The submission stressed the enormous importance of the enquiry "in ensuring that much needed and meaningful change is achieved within audit, both as a service to users and as improvements to the profession". It made proposals within six key themes:

UKSA and ShareSoc have responded to the IASB’s consultation on “ED General Presentation and Disclosures”, part of their Primary Financial Statements project and focusing on proposed changes to mainly the statement of profit or loss, leaving statements of cash flows and balance sheets to later stages.

We regret to inform members that due to the continuing Covid19 situation we have had to cancel the planned AGM-style social event scheduled for 26 October. 

The Financial Times and other outlets are reporting that Unilever could have to reverse its decision to relocate from Rotterdam to the UK if a political intitiative calling for the introduction of an exit tax in the Netherlands succeds. 

One of UKSA’s key beliefs, as well as ShareSoc’s, is that private investors are important and their voice needs to be heard. The current, for want of a better word, shenanigans, at Petropavlovsk (POG) gives private investors a key role in determining the future of a company. Peter Parry from UKSA and Paul de Gruchy from ShareSoc take up the…

Back in March 2020, in the context of various audit reform reviews and to help with their audit policy, the FRC felt the need to open up the discussion on the use of technology in audits to a wider range of stakeholders than regulators, standard setters and audit practitioners. UKSA and ShareSoc thought it was important to respond to this…

The Financial Reporting Council (FRC) has just published a business case paper to separate the audit practices of the big four firms (PwC, Deloitte, KPMG and EY).

Better Finance, the European Investors' Federation, characterised the Wirecard collapse on Wednesday as 'an outrageous case of corporate governance, external auditing and regulatory failures', putting forward several policy recommendations for EU authorities.

UKSA's Annual General Meeting will be held online on Sunday 14 June 2020 at 2.30pm. If you are a member but have not yet received an invitation, please contact the office via email - officeatuksa@gmail.com. It is planned to hold a social gathering for members later in the year.

UKSA is introducing a new category of membership. Associate Membership is free. It’s a great way to get to know UKSA without having to make any financial commitment. Applying for Associate Membership is easy. All you need to do is enter your name and e-mail address on the joining page here. Pass on the news to your friends and colleagues. To…

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