http://www.kpmg.com/_layouts/feed.aspx?xsl=1&web=/UK/en/IssuesAndInsights/RSSFeeds&page=45e4e032-1f4a-472b-8350-6ff31f3bf594&wp=f454e21e-a442-41af-b0c9-43d46cd51d1fKPMG RSS Audit60http://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/IASB-and-FASB-propose-to-bring-leases-on-balance-sheet–but-at-what-cost.aspxFundamental changes to lease accounting proposed today by the IASB and FASB would bring most leases on-balance sheet for lessees. Thu, 16 May 2013 12:21:17 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/Integrated-Reporting-could-be-the-key-that-enables-capital-markets-to-focus-on-long-term-value.aspxAccording to KPMG, Integrated Reporting provides an opportunity for companies to make their case for capital more effectively by focusing their reporting on their business story and value creation.Tue, 16 Apr 2013 11:01:44 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/KPMG-response-to-Competition-Commission-findings.aspxFollowing publication by the UK Competition Commission (‘the Commission’) of its provisional findings into the supply of statutory audit servicesFri, 22 Feb 2013 08:10:58 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/Business-leaders-call-for-changes-to-corporate-reporting.aspxKPMG has published a new report that brings together a range of leaders in their field discussing the direction that reporting needs to takeMon, 18 Feb 2013 12:56:09 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/FRC-going-concern-test-sets-high-hurdle-says-KPMG.aspxCommenting on the FRC’s consultation draft of guidance on going concern reporting, Tony Cates, Head of Audit at KPMG, saidWed, 30 Jan 2013 15:48:37 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/Executives-concerned-over-companies-risk-management-programmes.aspxRisk management and crisis readiness continue to pose significant challenges to companies across the globeFri, 01 Mar 2013 16:30:09 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/Pages/multi-curve-valuation-approaches-hedge-accounting-IAS39.aspxThis paper analyzes the application of multi-curve valuation models on hedge accounting in relation to IAS 39Tue, 18 Sep 2012 17:20:45 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/Closer-alignment-of-hedge-accounting-and-risk-management-in-IASB-proposals.aspxKPMG welcomes the International Accounting Standards Board’s draft of its forthcoming IFRS on general hedge accounting that was issued today.Fri, 07 Sep 2012 15:00:35 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/Pages/delivering-tomorrow.aspxPostal operators globally are being forced to address their business models and operations at unprecedented speed in response to declining postal volumes and increasing financial challenges.Wed, 30 May 2012 12:48:16 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/Pages/future-uk-gaap-financial-services.aspxIn January 2012 the Accounting Standards Board (ASB) issued its proposal for the future of financial reporting in the UK and the Republic of Ireland. Fri, 11 May 2012 07:57:46 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/Pages/launch-kpmg-crc-white-paper-decc-proposals.aspxDECC have just released their latest consultation on the simplification proposals for the CRC.Thu, 29 Mar 2012 08:00:46 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/KPMG-awarded-three-Audit-Commission-Contracts.aspxCommenting on the Audit Commission’s announcement in respect of the award of audit contracts for five years from the 2012/13 financial year, Mike McDonagh, Head of Public Sector Audit at KPMG, saidTue, 06 Mar 2012 14:44:08 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/Pages/financial-reporting-matters-february-2012.aspxWe support the inclusion of new accounting policy choices, which should help to ease the transition process for many UK entities. Mon, 10 Sep 2012 12:16:34 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/New-apprenticeship-opportunities-at-KPMG.aspxProfessional services firm KPMG is launching a new apprenticeship programme based in its Canary Wharf offices in London, within its Risk Consulting practice.Wed, 08 Feb 2012 11:09:33 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/Latest-UK-financial-reporting-proposals-“will-improve-financial-reporting-in-the-UK”,-says-KPMG.aspxKPMG in the UK welcomes the issue of the Accounting Standards Board’s (ASB’s) latest Financial Reporting Exposure Draft (FRED) Wed, 01 Feb 2012 11:22:38 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/Pages/internal-audit-whats-horizon.aspxBeing nimble is a critical attribute for all internal audit teams. There is an ongoing responsibility to survey the landscape to look for new, or heightened, risks and ensuring scarce resources are directed to the areas that matter most.Wed, 01 Feb 2012 09:27:29 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/Pages/Pensions-Audit-Assurance-Survey-Dec-11.aspxHalf of pension schemes believe their pension liabilities should form part of their annual accounts and be subject to audit, according to a KPMG survey of 250 major pension schemes with assets ranging from £100m to over £1bn.Mon, 06 Feb 2012 13:56:25 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/Pages/ifrs-for-investment-funds-segment-reporting.aspxThis publication addresses practical application issues that investment funds may encounter when applying IFRS 8 Segment Reporting.Mon, 06 Feb 2012 13:54:36 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/Half-pension-schemes-believe-accounts-should-report-liabilities.aspxHalf of pension schemes believe their pension liabilities should form part of their annual accounts and be subject to audit, according to a KPMG surveyFri, 13 Jan 2012 12:55:32 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/IASB-clarifies-offsetting-model.aspxThe International Accounting Standards Board today confirmed that it will retain its existing model for offsetting financial assets and liabilitiesFri, 16 Dec 2011 15:28:19 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/KPMG-reports-FY11-revenues-227bn.aspxKPMG today announced member firm combined revenues totaling $22.7 billion for the fiscal year ending September 30, 2011Mon, 12 Dec 2011 09:40:24 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/KPMG-appoints-new-Head-of-Internal-Audit-practice.aspxKPMG has appointed Paul Sawdon as UK Head of its Internal Audit practice. Fri, 09 Dec 2011 08:22:20 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/kpmg-wins-global-firm-award-2011.aspxKPMG has been named ‘Global Firm of the Year’ for the second year in a row at the British Accountancy Awards and picked up three other accoladesMon, 13 May 2013 10:33:07 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/Pages/how-effective-is-your-internal-audit-function.aspxThe structure and remit of Internal Audit functions varies significantly across businesses, with little consensus on what Internal Audit should look like. Within such a varied environment how do....Fri, 03 Feb 2012 11:00:02 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/IASB-and-FASB-issue-their-revised-proposal-for-revenue-recognition.aspxKPMG welcomed the second round of proposals on revenue issued today by the International Accounting Standards Board and the US Financial Accounting Standards Board. Mon, 14 Nov 2011 14:34:55 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/Pages/deal-to-real-making-joint-ventures-a-success.aspxIf you’re thinking about entering into a Joint Venture, this short film is a ‘must see’.Wed, 16 Nov 2011 11:23:53 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/Pages/crc-league-table-creates-a-carbon-benchmark.aspxThe government’s first CRC Energy Efficiency Scheme league table, published 8th November 2011 provides several useful indications.Thu, 12 Jan 2012 15:19:52 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/Pages/financial-reporting-investment-managers.aspxThe third annual report on financial reporting by Investment Managers provides key analysis and comparisons across high profile areas for the industry in the context of the demanding and changing environment we are currently facing.Wed, 09 Nov 2011 09:42:07 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/kpmg-response-to-competition-commission-referral.aspxResponding to today’s announcement by the Office of Fair Trading that it is referring the market for the supply of statutory audit services to large companies in the UK to the Competition Commission, KPMG said:Fri, 21 Oct 2011 09:51:57 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/Pages/green-growth-requires-framework.aspxThe government must incentivise ‘green’ investment by business.Wed, 05 Oct 2011 13:20:34 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/Pages/ec-audit-green-paper-response.aspxKPMG's response to the consultation on the European Commission Green Paper - Audit Policy: Lessons from the CrisisThu, 16 Feb 2012 11:55:23 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/integrated-reporting-helps-businesses-access-capital.aspxIntegrated Reporting provides a potential new source of competitive advantage for business in the search for capital at a reasonable cost according to a new paper from KPMGMon, 12 Sep 2011 13:26:33 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/Pages/response-OFT-consultation.aspxKPMG's response to the OFT consultation on its provisional decision to refer the statutory audit market for Competition Commission investigationTue, 06 Sep 2011 07:41:13 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/Pages/financial-reporting-update-may-june-2011.aspxChanges ahead for pension accounting: IASB issues amended IAS 19 Employee Benefits (2011).Mon, 12 Dec 2011 15:37:16 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/Pages/financial-reporting-update-july-august-2011.aspxLease accounting: proposals to be re-exposed.Wed, 31 Aug 2011 15:41:38 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/IASB-proposals-for-investment-companies.aspxKPMG gave a qualified welcome to today’s proposed amendments to consolidation requirements issued by the International Accounting Standards Board.Tue, 06 Sep 2011 14:00:34 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/Pages/the-final-economics-of-hedge-accounting-of-interest-rate-risk-according-to-ias-39.aspxIFRS 9 proposes the alignment of risk management and financial accounting, which plays a prominent role in connection with hedge accounting.Mon, 10 Sep 2012 15:16:56 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/100-days-to-Durban.aspx20th August marks 100 days until the United Nations Conference on Climate Change in Durban, South Africa. Vincent Neate, who leads KPMG’s UK Climate Change & Sustainability practice, looks at what the challenges and achievements might beFri, 19 Aug 2011 07:59:38 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/Local-authorities-support-appointing-auditors.aspxSenior local authority executives support Government proposals to enable them to appoint their own auditors, according to a survey by KPMG, and believe that such proposals will enable them to gain better value for money.Thu, 28 Jul 2011 09:05:25 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/Pages/Preparing-change-ext-audit.aspxKPMG recently surveyed senior staff at local authorities in England to understand their views on plans to close down the Audit Commission and allow them the freedom to choose their external auditors. Thu, 14 Jul 2011 13:34:09 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/Pages/financial-reporting-matters-28-june-2011.aspxIn this edition we focus on the IASB's changes to employee benefit accounting. We look at the ASB's latest comments on the future of UK GAAP and the IASB's revenue recognition standard. Thu, 30 Jun 2011 09:56:15 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/UK-head-financial-service-saudit.aspxKPMG has appointed Rees Aronson as the new head of financial services audit in the UK. Rees has been a partner with KPMG since 1989 and also sits on the insurance leadership team as head of insurance audit.Thu, 26 May 2011 09:31:23 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/Pages/KPMG’sWrittenEvidencetotheLordsEconomicAffairsCommitteeInquiry‘AuditorsMarketConcentrationandtheirRole’.aspxWritten evidence to the Lords Economic Affairs Committee inquiry into audit market concentration and the role of auditorsThu, 12 Apr 2012 10:24:36 GMT