United Kingdom: Audit

The National Audit Office (NAO) recently published its report on the costs of clinical negligence.

As the legal industry becomes increasingly defined by the integration of advancing technologies, many law firms today are learning that having top legal talent is no longer enough to continue growing and remain competitive.

For corporate legal teams inside global financial institutions, effective document management is mission critical. Yet many still rely on legacy systems that may appear "good enough" because documents are stored...

Nathaniel Taylor's article introduces the IP Advance scheme, launched by the UK Intellectual Property Office on July 15, 2024. This scheme offers tiered financial support to SMEs for IP audits and management strategies, fostering innovation and economic growth.

Against the backdrop of the recent "Dear CEO" letter issued by the Financial Conduct Authority (FCA), and the number of regulatory enforcement actions...

Since GDPR's implementation in 2018, advancements in AI, cloud computing, and remote work have transformed data processing, necessitating regular data audits. These audits ensure compliance by examining data practices, updating records, assessing legal bases for processing, and reviewing third-party and international data transfers. Continuous staff training and policy updates are crucial to maintaining compliance amidst evolving technologies.

The Financial Reporting Council (FRC) recently released the first update to the Corporate Governance Code since 2018. Here we've summarised what you need to know about the upcoming changes.

Update on the UK DMCC Bill | CMA consults on proposal to launch a market investigation of the UK vet sector | Delegated act on independent audits under the DSA enters into force...

The High Court found that there would be a real prospect at trial of the buyers of shares of a company succeeding with a claim that auditors would be liable to them for failures...