FRC closes KPMG HBOS audit investigation, Treasury Committee expects ‘full explanation’
Accounting Firms

FRC closes KPMG HBOS audit investigation, Treasury Committee expects ‘full ...

7y Accountancy Age

FRC closes KPMG HBOS audit investigation, Treasury...

KPMG ‘did not fall significantly short of the standards reasonably to be expected of the audit’, according to the FRC, but the Treasury Committee has ...

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HBOS in 2017: The ongoing scandal
Business Regulation

HBOS in 2017: The ongoing scandal

7y Accountancy Age

HBOS in 2017: The ongoing scandal

Many questions remain unanswered following the HBOS scandal. How did six people get away with so much for so long? How has Lloyds responded? What are ...

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FRC made ‘serious mistake’ by failing to investigate HBOS audit sooner
Accounting Firms

FRC made ‘serious mistake’ by failing to investigate HBOS audit sooner

8y Richard Crump , Writer

FRC made ‘serious mistake’ by failing to investiga...

The Treasury Select Committee criticises the FRC for a 'lack of curiosity and diligence' in deciding to not investigate KPMG’s audit of HBOS before th...

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Taking Stock: The FRC’s HBOS non-announcement announcement
Accounting Firms

Taking Stock: The FRC’s HBOS non-announcement announcement

8y Richard Crump , Writer

Taking Stock: The FRC’s HBOS non-announcement anno...

The FRC says it best when it says nothing at all Read More...

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FRC confirms KPMG-HBOS report to be released ‘in spring’
Audit

FRC confirms KPMG-HBOS report to be released ‘in spring’

8y Calum Fuller , Reporter

FRC confirms KPMG-HBOS report to be released ‘in s...

FRC tells Conservative MP Andrew Tyrie full report into KPMG's audit of HBOS can be expected in the spring Read More...

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Tyrie lays down gauntlet to FRC over HBOS probe
Audit

Tyrie lays down gauntlet to FRC over HBOS probe

8y Calum Fuller , Reporter

Tyrie lays down gauntlet to FRC over HBOS probe

Treasury Select Committee chairman Andrew Tyrie raises "number of concerns" over FRC's supervision of KPMG's role in HBOS collapse Read More...

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Friday Afternoon Live: ACCA's Glenn Collins talks 2016 + FRC looks back at KPMG/HBOS
Accounting Standards

Friday Afternoon Live: ACCA's Glenn Collins talks 2016 + FRC looks back at ...

8y Accountancy Age

Friday Afternoon Live: ACCA's Glenn Collins talks ...

Kevin Reed discusses the week's news and chats with ACCA's Glenn Collins about what we can expect in 2016 Read More...

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FRC considers plans to investigate KPMG over HBOS audit
Accounting Firms

FRC considers plans to investigate KPMG over HBOS audit

8y Chris Warmoll , Writer

FRC considers plans to investigate KPMG over HBOS ...

Accounting watchdog examines why KPMG afforded HBOS a 'going concern' status a year before the bank's catastrophic failure Read More...

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Tyrie "flabbergasted" by FRC failure to investigate HBOS audit failings
Accounting Firms

Tyrie "flabbergasted" by FRC failure to investigate HBOS audit failings

8y Chris Warmoll , Writer

Tyrie "flabbergasted" by FRC failure to investigat...

Tyrie's exasperation expressed after he hears from two specialist advisers appointed to probe the bank's fall from grace Read More...

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Tyrie reiterates call for FRC to probe KPMG over HBOS
Accounting Firms

Tyrie reiterates call for FRC to probe KPMG over HBOS

8y Chris Warmoll , Writer

Tyrie reiterates call for FRC to probe KPMG over H...

MP continues to press Stephen Haddrill to reconsider case for a probe into KPMG's auditing of HBOS Read More...

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Extended auditor reports restoring trust in audit in post-HBOS world
Accounting Firms

Extended auditor reports restoring trust in audit in post-HBOS world

8y Chris Warmoll , Writer

Extended auditor reports restoring trust in audit ...

Eight years after the failure of HBOS, the discipline of audit - and its real value to investors - continues to fuel debate, finds Chris Warmoll Read ...

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Has the value of audit to investors improved post-HBOS?
Audit

Has the value of audit to investors improved post-HBOS?

8y Richard Crump , Writer

Has the value of audit to investors improved post-...

Audit is no longer described as a 'black box' by investors but, post HBOS, the value it delivers still requires greater clarity, writes Richard Crump ...

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HBOS and KPMG tensions exposed by report
Accounting Firms

HBOS and KPMG tensions exposed by report

8y Chris Warmoll , Writer

HBOS and KPMG tensions exposed by report

Despite sounding the klaxon, much of KPMG's warnings went unheeded by HBOS management Read More...

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Friday Afternoon Live: KPMG and HBOS; Kids Company
Audit

Friday Afternoon Live: KPMG and HBOS; Kids Company

8y Kevin Reed , Writer

Friday Afternoon Live: KPMG and HBOS; Kids Company

Editor Kevin Reed discusses how KPMG is portrayed in the report into HBOS's failure; and advisers' role at Kids Company Read More...

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MP calls for renewed investigation into KPMG’s role in HBOS collapse
Accounting Firms

MP calls for renewed investigation into KPMG’s role in HBOS collapse

8y Richard Crump , Writer

MP calls for renewed investigation into KPMG’s rol...

FRC should reconsider decision not to investigate KPMG's role as HBOS auditors prior to bank's collapse Read More...

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ICAEW member charged in HBOS loans investigation
Corporate Governance

ICAEW member charged in HBOS loans investigation

11y Kevin Reed , Writer

ICAEW member charged in HBOS loans investigation

Jonathan Cohen, co-founder of Brett Adams, faces two charges over loans made through a HBOS branch Read More...

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KPMG could face FRC investigation over HBOS audit
People In Practice

KPMG could face FRC investigation over HBOS audit

11y Rachael Singh

KPMG could face FRC investigation over HBOS audit

FRC announces it will look into whether KPMG will be investigated for a future tribunal over its audit work at HBOS Read More...

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FCA chairman Griffith-Jones under fire over HBOS audits
Audit

FCA chairman Griffith-Jones under fire over HBOS audits

11y Accountancy Age

FCA chairman Griffith-Jones under fire over HBOS a...

The new City watchdog was last night fighting to defend its chairman amid accusations that as head of its auditors KPMG, HBOS pursued reckless lending...

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KPMG faces FRC investigation over HBOS work
Audit

KPMG faces FRC investigation over HBOS work

12y Richard Crump , Writer

KPMG faces FRC investigation over HBOS work

HBOS whistleblower and a former KPMG partner, Paul Moore, have formally referred KPMG to the FRC Read More...

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HBOS hid debt portfolio stress from its auditors
Audit

HBOS hid debt portfolio stress from its auditors

12y Richard Crump , Writer

HBOS hid debt portfolio stress from its auditors

HBOS ignored warnings from its auditor KPMG over the state of bad debts within the corporate division of subsidiary Bank of Scotland Read More...

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Resolution appoints former HBOS CFO as probe continues
Company News

Resolution appoints former HBOS CFO as probe continues

15y Kevin Reed , Writer

Resolution appoints former HBOS CFO as probe conti...

Former HBOS CFO takes up Resolution reins as FSA probe into the firm begins Read More...

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Former HBOS FD joins HMRC as non-exec
People Business

Former HBOS FD joins HMRC as non-exec

15y Kevin Reed , Writer

Former HBOS FD joins HMRC as non-exec

HMRC makes four high profile appointments including Phil Hodkinson as non-exec Read More...

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HBOS corporate lending execs could leave
Company News

HBOS corporate lending execs could leave

15y Kevin Reed , Writer

HBOS corporate lending execs could leave

Top HBOS corporate lending execs, including the FD, could leave the company with severance pay, allege reports Read More...

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PwC front runner for lucrative Lloyds-HBOS audit contract
Accounting Firms

PwC front runner for lucrative Lloyds-HBOS audit contract

15y AccountancyAge.com

PwC front runner for lucrative Lloyds-HBOS audit c...

PricewaterhouseCoopers is the front runner to win the lucrative audit contract for the merged Lloyds-HBOS superbank Read More...

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KPMG to review HBOS-invested Wyevale
Audit

KPMG to review HBOS-invested Wyevale

16y Judith Tydd

KPMG to review HBOS-invested Wyevale

Independent audit of garden centre group underway Read More...

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Weir on point for Lloyds-HBOS merger
Company News

Weir on point for Lloyds-HBOS merger

16y David Jetuah

Weir on point for Lloyds-HBOS merger

Helen Weir, Lloyds' retail banking chief is at the forefront of efforts to combine with HBOS Read More...

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Wenham Major creditors see £10m go to HBOS
Company News

Wenham Major creditors see £10m go to HBOS

16y Gavin Hinks

Wenham Major creditors see £10m go to HBOS

Wenham Major clients to ask for their money back after it emerges that fees paid into the collapsed firm’s accounts were used to settle debts owed to...

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HBOS FD makes £10,000 gain
Company News

HBOS FD makes £10,000 gain

16y Alex Hawkes

HBOS FD makes £10,000 gain

Mike Ellis cashes in as bank shares are driven down by short-sellers Read More...

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