Professional Negligence in 2026: When do Management and Auditors’ Actions ‘Cross The Line’?

A panel discussion accompanying a viewing of the ICAEW’s latest training film "Crossing the Line", this event will explores ethical dilemmas and major management and audit themes.

"Crossing the Line” takes viewers into the high-stakes worlds of football club, Scarbridge FC, and software company, Xoltic.

Follow two audit teams responsible for navigating their complex accounts and find out how their paths intertwine in unexpected ways.

Some of the real-life issues brought out during the firm’s  journey include:

• ethical dilemmas and professional pressures faced by those in leadership and assurance roles;
• core audit themes of integrity, the disclosure of contingent liabilities, auditor independence, revenue recognition and engagement quality reviews;
• the critical importance of transparency and accountability;
• how the key roles of audit committees, external advisors and assurance providers work together in maintaining trust and upholding professional standards;
• why auditors should apply professional scepticism and ethical decision-making with their clients and accounts;
• common technical topics to raise awareness of how issues may occur;
• increased awareness and understanding of how perpetrators may commit fraud; and
• what anti-money laundering (AML) red flags can occur.