Inquiry report is scathing of Carillion directors and auditors and calls for the audit market to be referred to the Competition and Markets Authority ...
View articleThe firm has launched a review into all audit work completed in the past 18 months and will conduct background checks of staff every two years, follow...
View articleAfter increased pressure to take a tougher stance against Big Four firms for audit breaches, the FRC has implemented a range of sanctions Read More...
View articlePwC said it plans to defend its position "vigorously" Read More...
View articleThe firm has taken the strategic decision to move away from tendering for FTSE 350 audit work until there is a "shift in the competitive landscape" Re...
View articleAuditor rankings reveal that 241 of FTSE 250 companies are audited by Big Four firms Read More...
View articleThe Justice Department said Deloitte failed to detect a multi-million-dollar fraud scheme that spanned six years Read More...
View articleIn a series of meetings the joint parliamentary committee grilled Carillion directors, pension regulators and KPMG and Deloitte auditors on accounting...
View articleIn a landmark ruling, a Dubai judge said the court will hear whether Deloitte Middle East was negligent as auditor of the Lebanese Canadian Bank Read ...
View articleAlthough it did not find evidence of overt gender bias, the report outlined “anomalies that need addressing” in the broadcaster’s pay structures Read ...
View articleLaw firm BarentsKrans has commenced legal proceedings against Steinhoff and its auditor Deloitte on behalf of aggrieved shareholders of the retail com...
View articleThe FRCs investigation will determine whether KPMG breached any relevant requirements, particularly the ethical and technical standards for auditors R...
View articleFormer PCAOB employees allegedly leaked confidential data to KPMG to help it pass audit inspections Read More...
View articleThe ban follows PwC’s failure to detect fraud over $1bn at Satyam Computer Services in one of the country’s largest corporate scandals Read More...
View articleA US federal judge has said that the firm failed to respond to red flags and will now consider whether PwC should be liable for damages Read More...
View articleThe uncovering of accounting irregularities led to Steinhoff's share prices plummeting by 80% Read More...
View articleThis year has seen the FRC cracking down on audit misconduct, handing out a series of record fines to the Big Four firms. Here are some of the biggest...
View articleEY will continue to audit the pizza group until the financial year ending 30 December 2018 Read More...
View articleCould large fines for the Big Four even the playing field for smaller firms? Read More...
View articleRankings have mostly held firm, with PwC's clients generally having the highest market cap Read More...
View articleAn independent review suggested fines of £10m or over would be appropriate in instances of “seriously poor” audit work Read More...
View articleEY will replace KPMG, who have audited Standard Chartered since 1970 Read More...
View articleKPMG will take on audit responsibilities from 1 January 2018, with shareholders due to vote on the firm’s appointment in April next year at Croda’s An...
View articleThe firm admitted misconduct in three areas in relation to the audit of the financial statements of Tech Data Limited for financial year ending 31 Jan...
View articleIn both tables, PwC leads the way with total UK tax fee income of £822m and audit and accounting fee income of £1.24bn Read More...
View articleThe accountancy watchdog said the investigation was dropped as there was not a 'realistic prospect that a tribunal would make an adverse finding again...
View articleKPMG’s South African branch has come under fire after becoming caught up in a growing corruption scandal surrounding one of the country’s most influen...
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