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Significant changes affect work needed for auditing going concern
Jonathan Ericson

20 May 2020

The FRC has revised ISA (UK) 570 extending auditors’ responsibilities around going concern. The changes will mean more audit work and expanded reporting.

Deferring the filing of accounts

27 March 2020

With so much uncertainty during coronavirus it may be difficult to finalise accounts and get an audit signed off. If you have an imminent filing deadline there are steps you can take to defer filing your accounts at Companies House.

Why delay approval of annual report and accounts?

27 March 2020

With so much uncertainty it may be difficult to finalise accounts and get an audit signed off. If no filing or covenant deadlines are coming up it may be advisable to defer the approval of your annual accounts for a short time.

Going concern assessment has not changed

27 March 2020

Coronavirus has not changed the definition of, or responsibilities for, directors and auditors around going concern.

Financial reporting accounting and audit: your choices

27 March 2020

Day by day the advice around coronavirus is changing. This is equally true with regards to how you manage your finances and deal with your accounts. We outline key priorities for businesses and the choices you need to make.

Transparency report

06 September 2019

We are pleased to present our Transparency Reports for the last two financial years. The Transparency Report gives details of our legal structure, ownership and governance; international network; policies, procedures and measurement of audit quality; training, recruitment and personal development; ethics and independence; and client and financial information.

RSM comments on CMA and Kingman audit reviews
Jonathan Ericson

18 December 2018

Jonathan Ericson, RSM's head of audit comments on the Competition and Market Authority's update paper on its Statutory Audit Market Study and Sir John Kingman's Independent Review of the Financial Reporting Council.

RSM announces new regional audit managing partners in the North and Scotland
Jonathan Ericson

24 July 2018

RSM UK has announced the appointment of Claire Leece and Jonathan Lowe as the regional audit managing partners (RAMP) for its North East and Scotland region, and the North West, respectively.

Audit: valuable or valueless?
Jonathan Ericson

12 January 2017

Following the introduction of a series of new audit regulations, we are once again asking: what is the value of audit and what is the role of an auditor?

Changes to AIM audit reports - what does it mean?
Jonathan Ericson

22 September 2016

There will be mandatory enhancements to AIM company audit reports for periods commencing on or after 17 June 2016. Early adoption is permitted and may be advantageous in certain circumstances.

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