Sky News: The future of churches is at risk
The future of rural churches depends on their value to the wider community as assets, says a recent study led by Helen Haugh, Associate Professor in Community Enterprise at Cambridge Judge Business School and Research Director at the Cambridge Centre…
Bloomberg Tax: EY consulting split aims to free firm from ethics crackdown
Tighter ethics regulations are holding back the growth of Ernst & Young’s lucrative consulting business, a key reason firm leaders are considering whether to separate its global audit and advisory practices. The global accounting network is now discussing whether to…
Number crunching
Auditors are certified, so does educational background matter? A new study co-authored at Cambridge Judge finds it does, as those with quantitative backgrounds produce better audits. Auditors are certified as having the proper qualifications, so does the educational background of…
Forbes: Properly done financial audits are a powerful tool for addressing climate change
“The reason companies invest in climate-destroying assets is because they look profitable," comments Cambridge Judge Business School's Visiting Fellow David Pitt-Watson, in the Forbes article discussing financial auditing as a tool for addressing climate change. Read the full article [forbes.com]…
Impact investing
Regulators likely to require companies to publish audited reports on their environmental and social impacts, Sir Ronald Cohen says in University of Cambridge lecture. Regulators are likely in the next three to five years to require that companies publish audited…
Bloomberg: Wirecard exposes Big Four accounting lapses endure post-Enron
Dr Michael Willis, Director of the Master of Accounting programme at Cambridge Judge Business School, comments on the issue of the Big Four auditing firms. “A few months ago the threat of seismic government action seemed more credible but COVID-19…
Financial Times: Proven audit solutions are being overlooked
In a letter to the Financial Times Jan Bouwens, Research Fellow at Cambridge Judge Business School, discusses measures to improve the quality of auditing in financial statements. He says recent recommendations “appear to reflect incidents rather than factors systemically affecting…
MarketWatch: Executives and directors are insider trading on advance knowledge of audit issues, study says
Restricted trading windows alone are not effective at reducing insider trading, according to earlier research co-authored by Alan Jagolinzer, Professor of Financial Accounting at Cambridge Judge Business School. Read the full article [marketwatch.com]…
City AM: Debate: Will the new recommendations from the CMA help rebuild trust in the audit sector?
Jan Bouwens, Research Fellow at Cambridge Judge Business School, comments on the audit industry and proposals from the Competition and Markets Authority (CMA). “Policy change is needed, and proposals in the Kingman Review to strengthen accountability and the regulatory regime…