Developments in the framework of auditing regulation in the United Kingdom

Auditing, Trust and Governance: Regulation in Europe

Volumn , Issue , 2007, Pages 205-222

  Turley, Stuart ^a  

^a UNIVERSITY OF MANCHESTER   (United Kingdom)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 84863532633     PISSN: None     EISSN: None     Source Type: Book    
DOI: 10.4324/9780203936016     Document Type: Chapter

References (32)

1. Accountancy Foundation (2002) Independent Regulation of the Accountancy Profession, London: Accountancy Foundation.
2. APB (2004a) 'APB Announces Its Intention to Adopt International Standards on Auditing for 2005', Press Release, London, Auditing Practices Board, 6 May 2004.
3. APB (2004b) Ethical Standards 1-5, London: Auditing Practices Board.
4. APB (2004c) International Standards on Auditing (UK and Ireland), London: Auditing Practices Board.
5. APB (2006) The Combined Code on Corporate Governance: Requirements of Auditors under the Listing Rules of the Financial Services Authority and the Irish Stock Exchange, Bulletin 2006/5, London: Auditing Practices Board, September.
6. Cadbury (1992) Report of the Committee on Financial Aspects of Corporate Governance, London: Gee and Co.
7. CGAA (2002) Interim Report to the Secretary of State for Trade and Industry and the Chancellor of the Exchequer, URN 02/1092, Co-ordinating Group on Audit and Accounting Issues, London, Department of Trade and Industry, July.
8. CGAA (2003) Final Report to the Secretary of State for Trade and Industry and the Chancellor of the Exchequer, URN 03/567, Co-ordinating Group on Audit and Accounting Issues, London, Department of Trade and Industry, January.
9. Chandler, R. (1997) 'The Auditing Practices Board and Auditing Standards in the UK', in M. Sherer and S. Turley, Current Issues in Auditing, 3rd edn, London: Paul Chapman Publishing.
10. Cousins, J., Mitchell, A. and Sikka, P. (1999) 'Auditor Liability: The Other Side of the Debate', Critical Perspectives on Accounting, 10(3): 283-311.
11. Curtis, E. and Turley, S. (2005) 'From Business Risk Audits to Audit Risk Standards', Paper presented at the European Accounting Association Congress, Gothenburg, May 2005.
12. DTI (1997) Limited Liability Partnership-A New Form of Business Association for Professions, Consultation Paper, London, Department of Trade and Industry.
13. DTI (2001) Modern Company Law for a Competitive Economy Final Report, Vol. 1, London, Department of Trade and Industry, July.
14. DTI (2002) Review of the Regulatory Regime of the Accountancy Profession: A Consultation Document, London, Department of Trade and Industry, October.
15. DTI (2003) Review of the Regulatory Regime of the Accountancy Profession: Report to the Secretary of State for Trade and Industry, London, Department of Trade and Industry, January.
16. DTI (2005) The Companies (Disclosure of Auditor Remuneration) Regulations 2005, Statutory Instrument no. 2417, London: HMSO.
17. DTI (2006) Companies Act 2006, London: HMSO. Online. Available at: (accessed July 2007).
18. EC (2002) Statutory Auditors' Independence in the EU: A Set of Fundamental Principles, Commission Recommendation 2002/590/EC of 16 May 2002.
19. EC (2003) Reinforcing the Statutory Audit in the European Union, Commission Communication COM/2003/286 May 2003.
20. EC (2004) Proposal for a Directive of the European Parliament and of the Council on Statutory Audit of Annual Accounts and Consolidated Accounts and Amending Council Directives 78/660/EEC and 83/349/EEC, COM/2004/0177 final-COD 2004/0065, European Commission, November.
21. EC (2006) Directive 2006/43/EC on statutory audits of annual accounts and consolidated accounts, published in the Official Journal of the European Union, 9 June 2006. Online. Available at (accessed July 2007).
22. Fearnley, S. and Beattie, V. (2004) 'The Reform of the UK's Auditor Independence Framework after the Enron Collapse: An Example of Evidence-based Policy Making', International Journal of Auditing, 8(2, July): 117-38.
23. FRC (2003) The Combined Code on Corporate Governance, London, Financial Reporting Council.
24. Gray (1988) 'Towards a Theory of Cultural Influences on the Development of Accounting Systems Internationally', Abacus, 24(1): 12-13.
25. Gwilliam, D. (1997) 'Changes in the Legal Environment', in M. Sherer and S. Turley (eds) Current Issues in Auditing, 3rd edn, London: Paul Chapman Publishing.
26. Hampel (1998) Committee on Corporate Governance-Final Report, London: Gee and Co.
27. ICAEW (2001) 'Introduction and Fundamental Principles', Institute of Chartered Accountants in England and Wales Members' Handbook, Section 1.2 Guide to Professional Ethics, London: ICAEW.
28. IFAC (2005) Code of Ethics for Professional Accountants, International Federation of Accountants, June.
29. IOSCO (2002) 'Principles for Auditor Oversight', Statement of the Technical Committee of the International Organisation of Security Commissions, IOSCO, October. Online. Available at: (accessed 21 February 2007)
30. Nobes, C.W. (1992) International Classification of Financial Reporting, 2nd edn, London: Routledge.
31. Puxty, A.G, Willmott, H.C., Cooper, D.J. and Lowe, A. (1987) 'Modes of Regulation in Advanced Capitalism: Locating Accountancy in Four Countries', Accounting, Organizations and Society, 12(3): 273-91.
32. Smith Committee (2003) Audit Committee Combined Code Guidance, London: Financial Reporting Council.