TS NOTED that uber-caterers Compass Group are in the midst of their audit tender process, with incumbents Deloitte holding the baton for 27 years.
Will the ‘Big Four shuffle’, as coined by MSI Global Alliance chairman James Mendelssohn on Twitter today, continue? Or will one of the mid-tier pretenders pick up the work? TS doesn’t have a clue…
What we do know is that it’s likely to be a new experience for audit committee chair John Bason, CFO of Associated British Foods. A long-time finance chief at the food business (since 1999), ABF has had an even longer-term auditor – KPMG for 77 years, according to The Times.
He’d be forgiven for hitting autopilot and recommending KPMG for the Compass job…
EY has appointed Janet Dawson as its global and UK&I government & public sector assurance practice leader
The NAO has made record financial savings for the taxpayer, equivalent to £19 saved for every pound spent, according to its annual report
Given the events of the past week as we enter new territory our SMEs now more than ever need the support of their accountants, writes Bobby Lane
The Financial Reporting Council has launched an investigation into the conduct of the Big Four firm in relation to its audit of BHS