The United Kingdom’s pending exit from the European Union has been a cause of extreme uncertainty, both geopolitically and economically. Given the potential magnitude of the event, and considering London’s place as a center of global finance and industry, there … Continue reading
Category Archives: Key Audit Matters – Europe
Overview of European Key Audit Matter (KAM) Disclosures
The disclosure of Key Audit Matters (KAMs) has been required for over a year now, and there is a lot of data available to be analyzed. In this post, we look at the KAM disclosures of more than 1,200 companies … Continue reading
When Cash is “Key”
Cash may be king, but when it comes to auditing, cash is not usually considered a high risk area. The audit procedures around cash usually begin and end with confirming the balance on hand with the company’s banks, and there … Continue reading