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Reshaping the audit for the new global economy
By Ian Welch, head of policy, ACCA Over the past year, ACCA has held a series of 10 high-level roundtables on the future of audit in various markets around the world. While the individual country...
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Barnier sets out future for audit in Europe
By Ian Welch, head of policy, ACCA If anyone was wondering where more than 500 senior figures of the profession had disappeared to on 9 and 10 February, I can reveal they were all in Brussels. A...
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Auditors: market concentration and their role
By Ian Welch, head of policy, ACCA In last week's Budget the Government called upon the Office of Fair Trading to assess whether bank clauses in lending agreements unfairly restrict competition in the...
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Banking Reform: Has Vickers Pulled Punches?
By Ian Welch, head of policy, ACCA The long-awaited interim report from the Independent Commission on Banking, headed by Sir John Vickers, has been published today and already the UK blogosphere is...
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Barnier pushes ahead on EU audit reform proposals
By Ian Welch, head of policy, ACCA Last week's conference on audit policy organised by FEE, the European accounting federation, gave the profession the first chance to hear from EC Financial Services...
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FRC and the audit committee
By Ian Welch, head of policy, ACCA Just when it seemed that the debate on the future of audit was taking a well-earned rest for a few weeks until the EC's post-Green paper draft legislation (expected...
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Just a bunch of accountants?
By Ian Welch, head of policy, ACCAThe half-jokey jibe at the profession which UK Prime Minister David Cameron made recently, when he said he did not want his government being just 'seen as a bunch of...
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Back to the financial future…
A couple of financial stories this week have made this observer delve back into his archive. The ongoing success of Nationwide, by far the biggest of the UK's remaining building societies, was...
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The scrutiny of finance professionals
By Ian Welch, head of policy, ACCA With pressure on public finances being at an all-time high on most countries – and public trust in both business and governmental institutions seemingly being at the...
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Do investors have a say in financial reporting?
By Ian Welch, head of policy, ACCA ACCA has consistently stated that the view of investors should be at the heart of standard-setting and financial policymaking. Too often their voice is not heard as...
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