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UK’s FRC publishes guidance on AI use in audit
The UK’s Financial Reporting Council (FRC) has issued its inaugural guidance offering clarity to audit profession on the application of artificial intelligence (AI). The guidance aims to facilitate a ...
The UK Financial Reporting Council (FRC) Monday fined accounting and auditing firm PricewaterhouseCoopers (PwC) £1.75 million over their Fiscal Year 2017 (FY17) audit of telecom company BT Group after ...
An audit of laboratories in the United Kingdom has revealed a number of potential issues ranging from staff retention to a lack of shelf-life and virus testing knowledge. The UK Health Security Agency ...
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