Partner industry specialisation and audit pricing in the UK

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Accounting firms are generally organised as partnerships, and this provides them with a structure that allows optimal delegation of the decision rights to the partner level where relevant specific knowledge is located. Partners play the central role in planning and administering the external audit service provided to the client and are accountable for the finalRead more

Changing the culture of banking

This Blog post was written by Professor David T Llewellyn.   The focus of this blog post is on the issue of culture in banking.  The scandals surrounding British banking in recent years are well known: the banking crisis, several examples of banks mis-selling financial products to vulnerable consumers, attempts to rig LIBOR and manipulateRead more

Alper Kara: Do ethnic minorities face financial exclusion?

Dr Alper Kara has written a Blog post for The Conversation about his research into financial exclusion for ethnic minorities. He writes: “Access to financial services and credit is generally regarded as a necessity to lead a normal life. Whether it is basic bank and saving accounts, a mortgage to buy a house or loanRead more