The body plans to create a diverse panel of small, niche and large firms.
Ernst & Young is providing the ODA with current financial and audit
advice, and KPMG is also on the payroll, a spokeswoman said.
She confirmed that the authority set up a framework agreement with E&Y to
support the ODA’s startup. KPMG is advising on the budget for the Games and
insiders think all of the Big Four will eventually become involved.‘We will also
be tendering for corporate assurance (internal audit and risk assurance) work by
the end of this financial year. Tenders will be placed on the London 2012
website,’ she said.
The ODA hired a financial director recently. Dennis Hone took up office two
Hone, who was appointed on 8 June, last served as regional director for
Eastern England and Milton Keynes.
The Financial Reporting Council has issued guidance regarding the annual reporting of 1,200 large and smaller listed companies. The letter highlighted the key issues and improvements that can be made in the 2016 reporting season
Baldwins Accountancy Group has continued investment in the north-east and appointed David Fish as a director in its corporate finance team
UK M&A activity bounced back strongly in July and August, according to analysis by the deals practice at PwC.
Smith & Williamson has added Jim Clark and Philip Marsden, of Marsden Clark Corporate Finance Limited, to its corporate finance team.