Remote accounting and audit in 2022
How has technology and remote working changed the execution of accounting and auditing in 2022? We take a look at the sector post-pandemic.
Service: Audit & Assurance
Root Cause Analysis
Have you heard of Root Cause Analysis (RCA)?
In the auditing world, it has recently taken centre stage as audit practices around the globe prepare for the 15 December 2022 – the effective date of the new International Standard for Quality Management auditing standard (ISQM1).
Managing cybersecurity threats
In 2011, Sony warned that the names, addresses and other personal data of about 77 million people with accounts on its PlayStation Network have been stolen, damaging its prestige and brand image.
And if this can happen to a giant like Sony, how can it impact a small or medium organization whose cyber-defenses are generally weaker than big-company security systems?” Ricardo Gameroff looks at what companies can do to help themselves.
IFRS Update: New standards for insurance contracts
This May, the UK Endorsement Board (UKEB) announced its approval of a new international financial reporting standard (IFRS) for insurance contracts – IFRS 17.
Kreston Global appoints Chair and Technical Director of Global Internal Audit Group
Kreston Global has today announced Doron Rozenblum as Chair of its Global Internal Audit Group. Vineet Rathi, Managing Partner of Kreston OPR Advisors in Vadodara, India, has also been appointed Technical Director
Kreston Reeves appoints restructuring partner
Accountants, business and financial advisers Kreston Reeves has strengthened its market-leading Restructuring team with the appointment of Carrie James.
Audit data and technology
Recently there’s been increased focus from regulators for auditors to test the completeness and accuracy of information, and also the relevance and reliability of external information. Here’s how technology can improve the quality of your audit.
Kreston Global welcomes North Macedonian member firm
Kreston Macedonia was founded earlier this year and was originally known as TPM Audit prior to joining the Kreston Global network. Led by founding partner Nenad Tortevski.
How can your auditor help with ESG reporting?
As a result of investor demand and changing regulation, accurate and detailed ESG reporting is increasingly important. How can an auditor help?
Kreston ACA PAC partners future thoughts on ESG and audit
Wee Kwang, partner at Kreston ACA PCA shared his views with the international accounting bulletin in the world survey. This is on accountancy firms’ transparency to environmental, social and governance plans to prove their sustainability on the planet and society.
Kreston’s Clive Owen LLP appoints new tax partner
Clive Owen LLP, chartered accountants and business advisers, has appointed David Baggaley as a fifth Tax Partner at the rapidly growing firm.
Kreston Ukraine plans for the future
The Marshall plan initiative, led by members of Kreston Ukraine, is a critical part of economic recovery.
Investigation into preserving audit independence
Andrew Collier our director of quality and professional standards comments on the Investigation into preserving audit independence
Exxon Mobil, Mauritania, Africa
Exxon Mobil, one of the world’s largest oil and gas companies, appointed member firm Exco GHA Mauritanie to carry out accounting, tax and payroll services for three of their subsidiaries in Mauritania.
Ping Identity Corporation, Bangalore, India
Ping acquired a software development company in India and decided to outsource the accounting, tax, GST, payroll and AP functions. The company was looking for an outsourcing partner.
Azur, Cameroon, Africa
Kreston member firm, Exco Fidaco, accounting and consulting expert, was appointed by Azur as statutory auditors and have worked for Azur for six years. Azur PLC Cameroon have ambitions to expand.
New PCAOB rules are on the way for lead auditors
As companies expand on a multinational scale, the use of multiple audit firms is becoming more common. New rules from the PCAOB seek to improve this
Why biotechs need a practical approach to going public
David Diamond, audit committee chair and board member of Kreston Global US member, CBIZ MHM, has been published recently in Life Science Leader
BANSBACH adds BDO firm to Freiburg team
Kreston Global member firm, BANSBACH, has added another location in Freiburg, growing the audit offering. BANSBACH currently has over 400 employees across 9 offices across Germany.
What does blockchain mean for audit?
Blockchain has a major role to play in the future of audit. With permanent and immutable records, it offers the potential for a real-time, accurate audit trail.
