Deloitte poised to replace PwC as Lloyds' auditor amid Big Four conflict
Big Four

Deloitte poised to replace PwC as Lloyds' auditor amid Big Four conflict

6y Accountancy Age

Deloitte poised to replace PwC as Lloyds' auditor ...

Lloyds Banking Group are preparing to replace PwC as auditor and have supposedly asked Deloitte to step in from 2021 Read More...

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Bracewell-Smith settles claim against Deloitte and Linklaters following Arsenal investment dispute
Business

Bracewell-Smith settles claim against Deloitte and Linklaters following Ars...

6y Accountancy Age

Bracewell-Smith settles claim against Deloitte and...

No-one took the blame so the dispute with the magic circle law firm and Big Four accountancy firm was settled Read More...

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FRC strikes out at PwC's BHS audit quality following leaked report
Audit

FRC strikes out at PwC's BHS audit quality following leaked report

6y Accountancy Age

FRC strikes out at PwC's BHS audit quality followi...

The Financial Reporting Council has called PwC's audits of the collapsed BHS "inaccurate, and misleading" Read More...

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FRC data on Big Four audits may highlight need for industry overhaul
Audit

FRC data on Big Four audits may highlight need for industry overhaul

6y Accountancy Age

FRC data on Big Four audits may highlight need for...

New FRC data shows that audit fees across EY, Deloitte, KPMG, and PwC rose by nearly 6 percent in 2016/17 compared with a 2.7 percent rise the previou...

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IFRS 16: how to ensure your house is in order ahead of January 2019 deadline
Regulation

IFRS 16: how to ensure your house is in order ahead of January 2019 deadlin...

6y Mathew Keshav Lewis

IFRS 16: how to ensure your house is in order ahea...

New lease accounting standards ASC 842 and IFRS 16 are latest in a wave of significant regulatory change Read More...

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BDO maintains lead in AIM auditor rankings
Audit

BDO maintains lead in AIM auditor rankings

6y Accountancy Age

BDO maintains lead in AIM auditor rankings

BDO has continued its leading streak in auditing more Alternative Investment Market (AIM) companies than any other firm Read More...

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Another accounting error for BT Group as £500m pension deficit mistake revealed
Audit

Another accounting error for BT Group as £500m pension deficit mistake reve...

6y Accountancy Age

Another accounting error for BT Group as £500m pen...

Willis Towers Watson’s miscalculation of the group’s pension deficit follows the recent accounting scandal which knocked £8bn off its stock market val...

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PwC replaces Deloitte as Linklaters auditor after Arsenal lawsuit
Audit

PwC replaces Deloitte as Linklaters auditor after Arsenal lawsuit

6y Accountancy Age

PwC replaces Deloitte as Linklaters auditor after ...

The conflict began when Arsenal stakeholder Lady Nina Bracewell-Smith filed a professional negligence claim against the Big Four and magic circle firm...

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PwC ordered to pay $625.3m over failure to detect Colonial Bank fraud
Audit

PwC ordered to pay $625.3m over failure to detect Colonial Bank fraud

6y Accountancy Age

PwC ordered to pay $625.3m over failure to detect ...

A US federal judge found that as auditor PwC was negligent and failed to detect £2bn fraud which spanned several years Read More...

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PwC announces promotion of 54 equity partners
People In Practice

PwC announces promotion of 54 equity partners

6y Accountancy Age

PwC announces promotion of 54 equity partners

Of the newly promoted partners, 26% are women – an increase on 19% appointed in 2017 Read More...

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Shared parental leave: why is uptake so low?
Career

Shared parental leave: why is uptake so low?

6y CM Murray

Shared parental leave: why is uptake so low?

In 2016-17 only 1% of eligible parents took up the option of Shared Parental Leave Read More...

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What does a career in audit involve?
Career

What does a career in audit involve?

6y Accountancy Age

What does a career in audit involve?

Accountancy Age's careers series outlines what a career in audit involves, the key skills you need, and who might be suited to it Read More...

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PwC auditor spent just two hours on BHS audit, says chairman
Audit

PwC auditor spent just two hours on BHS audit, says chairman

6y Accountancy Age

PwC auditor spent just two hours on BHS audit, say...

In a damning email circulated to PwC partners, Kevin Ellis said Steve Denison spent only two hours on the audit and backdated his audit opinion Read M...

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Clean Air Day: Environmental sustainability in the accountancy industry
Career

Clean Air Day: Environmental sustainability in the accountancy industry

6y Accountancy Age

Clean Air Day: Environmental sustainability in the...

Clean Air Day is all about promoting how we can improve our air quality and look after our own and others' health Read More...

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PwC bans all-male job shortlists in bid to tackle gender pay gap
Career

PwC bans all-male job shortlists in bid to tackle gender pay gap

6y Accountancy Age

PwC bans all-male job shortlists in bid to tackle ...

With the highest gender pay gap of the Big Four, PwC implements a new initiative to get more women into top level positions Read More...

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PwC fined a record £10m over BHS audit
Audit

PwC fined a record £10m over BHS audit

6y Accountancy Age

PwC fined a record £10m over BHS audit

The record fine comes after a two-year investigation into BHS’s 2014 audits, which PwC had signed off on just days before its sale for £1 Read More...

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What are the Big Four doing to support mental health in the workplace?
Career

What are the Big Four doing to support mental health in the workplace?

6y Accountancy Age

What are the Big Four doing to support mental heal...

While training and support is very important, it's also about changing the day-to-day treatment of and attitudes towards mental health at work, and ma...

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Auditors ‘in the dock’ over Carillion as report calls for Big Four break-up
Audit

Auditors ‘in the dock’ over Carillion as report calls for Big Four break-up

6y Accountancy Age

Auditors ‘in the dock’ over Carillion as report ca...

Inquiry report is scathing of Carillion directors and auditors and calls for the audit market to be referred to the Competition and Markets Authority ...

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Big Four accounting firms sign Social Mobility Pledge
Career

Big Four accounting firms sign Social Mobility Pledge

6y Accountancy Age

Big Four accounting firms sign Social Mobility Ple...

Improving the UK's social mobility is a challenging but vital step forwards, and accounting firms are getting behind it Read More...

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Ukraine’s PrivatBank files $3bn claim against PwC
Audit

Ukraine’s PrivatBank files $3bn claim against PwC

6y Accountancy Age

Ukraine’s PrivatBank files $3bn claim against PwC

PwC said it plans to defend its position "vigorously" Read More...

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PwC’s gender pay gap highest of Big Four
Big Four

PwC’s gender pay gap highest of Big Four

6y Accountancy Age

PwC’s gender pay gap highest of Big Four

Across the firm’s entire workforce, including partners, PwC reports a mean gender pay gap of 43.8% Read More...

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Big Four dominate FTSE 250 audit market in Q1 rankings
Audit

Big Four dominate FTSE 250 audit market in Q1 rankings

6y Accountancy Age

Big Four dominate FTSE 250 audit market in Q1 rank...

Auditor rankings reveal that 241 of FTSE 250 companies are audited by Big Four firms Read More...

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PwC pay gap review finds “no evidence of gender bias” at BBC
Audit

PwC pay gap review finds “no evidence of gender bias” at BBC

6y Accountancy Age

PwC pay gap review finds “no evidence of gender bi...

Although it did not find evidence of overt gender bias, the report outlined “anomalies that need addressing” in the broadcaster’s pay structures Read ...

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Carillion collapse: FRC to investigate KPMG over audit work
Audit

Carillion collapse: FRC to investigate KPMG over audit work

6y Accountancy Age

Carillion collapse: FRC to investigate KPMG over a...

The FRCs investigation will determine whether KPMG breached any relevant requirements, particularly the ethical and technical standards for auditors R...

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Kevin Ellis, Chairman, PwC
People In Practice

Kevin Ellis, Chairman, PwC

6y Accountancy Age

Kevin Ellis, Chairman, PwC

Ellis was appointed as chairman and senior partner in July 2016 Read More...

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Financial Power List 2018: 11-15 revealed
People In Business

Financial Power List 2018: 11-15 revealed

6y Accountancy Age

Financial Power List 2018: 11-15 revealed

We reveal the individuals who have made positions 11-15 on the Financial Power List 2018 Read More...

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PwC to switch to 100% renewable energy by 2022
Big Four

PwC to switch to 100% renewable energy by 2022

6y Accountancy Age

PwC to switch to 100% renewable energy by 2022

The firm made this pledge as part of plans to reduce its carbon footprint by 40% by 2022 Read More...

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