Auditors in East Sheen

Compliance Audit Checklist

Posted by on October 10, 2012 at 10:47 am

The main objective of a compliance audit is to ensure the internal and financial controls and reporting adheres to laws, regulations, policies, or procedures accepted in auditing.  A Compliance audits can be done internally, externally, or by a government agency to ensure the company’s adherence to auditing standards. Companies sometimes elect to undergo audits by […]

The Previously Proposed Changes to the Auditing Industry Scrapped

Posted by on September 26, 2012 at 10:04 am

The previously proposed complete overhaul of the auditing industry has been watered down. This was revealed through a draft report published by European parliament’s legal affair committee. The draft report has ditched key elements of the European Commission’s radical plans to inject more competition into the market for large company audits.