The UK Financial Reporting Council (FRC) has formally opened an investigation into Ernst & Young LLP’s statutory audit of Shell plc’s consolidated financial statements for the year ended December 31, ...

A nonstatutory audit report is any audit that is not legally required. For example, the Securities and Exchange Commission and the Sarbanes-Oxley Act both require companies to perform certain types of ...

The fact that the Big Four audit firms are being used both for statutory and software licence audits should raise alarm bells in IT departments. As Computer Weekly has previously reported, the ...

NEW DELHI: India’s audit regulator on Friday pointed to gaps and inadequacies in procedures followed and documentation of statutory audits done by top audit firms. The National Financial Reporting ...

One of the largest trade unions has demanded the Government force employers to audit staff salaries to tackle unequal pay levels between men and women. Diana Holland, Transport and General Workers ...