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GDPR – Engagement letters – Our suggested wording
Following on from our GDPR guidance and checklist in the last newsletter, and in the absence of clear guidance from ICAEW, we suggest the following wording as the basis for a paragraph in your engagement letters …
Audit tips from file reviewer and SPA member
10+1 Key points to make audits more profitable and compliant. If your Audit work is not documented, the External Reviewer will assume you have not done the work. Use ES-PASE properly. Refer early on in the Audit to the key risk areas …
ICAEW Disciplinary matters
We continue to be concerned about the level of “sanctions” (heaven forbid they should be thought of as fines) and costs awarded against ICAEW members particularly in “no loss cases”. The current regime …
Are you GDPR ready?
We all know GDPR is supposed to come into effect on 25 May 2018, and that there are a number of scare stories out there, but things are now beginning to settle down. What follows is our take on what you need to do …
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