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Auditors’ duties in relation to fraud - the new requirements of (Revised) ISA (UK) 240

United Kingdom - July 21 2021 Broadly speaking, an auditor’s duty to detect fraud relates to two types of fraud: fraudulent financial reporting and the…

Jamie Tomlinson

Breaking the Mountaineer’s Knee: Supreme Court establishes “purpose test” to assess the scope of an auditor’s duty

United Kingdom - July 21 2021 A lot has already been written about the June 2021 Supreme Court judgment in the case of Manchester Building Society vs. Grant Thornton…

Jamie Tomlinson

Informed Insurance Predictions 2021 - Transactional Liability

Germany, United Kingdom - March 5 2021 Our international experts offer their predictions on the opportunities and challenges facing the Transactional Liability market.

Kirsty Hick

DACB’s Audit Liability Round-up for 2020

United Kingdom, USA - December 17 2020 Those following the world of audit may think there is little Christmas cheer on offer for auditors going into 2021, but we will do our best to add…

Julian Bubb Humfryes

The Court of Appeal applies SAAMCO principles to audit claims

United Kingdom - December 17 2020 The Court of Appeal’s recent decision in AssetCo plc v Grant Thornton UK LLP [2020] EWCA Civ 1151, applied the SAAMCO principle to a…

Benson Egwuonwu