Pay And Performance: What is the evidence on rewards for failure at the Big Four?
The audit industry is plagued by poor performance. Auditors are failing to show independent judgement or professional scepticism.
Financial crisis in Birmingham City Council
This briefing responds to the recent section 114 (s114) notice at Birmingham City Council (BCC) in September 2023, described as the ‘effective bankruptcy’ of Europe’s largest authority.
Audit failure in the UK energy supply industry
Between January 2021 and February 2022 thirty-one energy firms exited the energy market, affecting more than two million consumers.