According to reports in the US, KPMG is now actively looking at the embattled Big Five auditor, but is thought to be more interested in only acquiring Andersen’s European practices.
A spokesman for KPMG declined to comment on the talks but said: ‘Things are being kept under review.’
The move follows the news that both Deloitte & Touche and Ernst & Young were in discussions with Andersen, which could soon face criminal charges for obstruction of justice.
Of the Big Five, only PricewaterhouseCoopers currently remains uninvolved with merger talks.
Mazars has announced the appointment of Michael Tripp as the new head of financial services
A new leader, Darra Singh has been appointed to lead EY’s UK government and public sector practice
MHA MacIntyre Hudson has partnered with cloud accounting software provider Xero ahead of the government’s requirement for digital records
Revenue and profitability growth in on the rise for CPA firms, found a survey from the American Institute of CPA’s and its subsidiary CPA.com