PracticeAccounting FirmsAccountants plea for greater transparency

Accountants plea for greater transparency

Large firms have been vying for the media spotlight in bids to urge more clarity in their own and clients' businesses.

Opening the bids to restore public confidence in the battered industry, Sam DiPiazza, global chief executive of PricewaterhouseCoopers, urged auditors to take responsibility for vetting financial information currently falling outside US principles.

At the same time KPMG’s new UK senior partner John Griffith-Jones reportedly suggested greater scrutiny of management’s track record to identify potential fraudsters.

His colleague Ted Awty, KPMG head of assurance, writing in Accountancy Age, suggests the extension of reporting into non-financial areas and greater transparency on fee income.

Click here to follow Ted Awty and Peter Williams as they debate this issue.

Related Articles

haysmacintyre celebrates partner promotion and additional hire

Accounting Firms haysmacintyre celebrates partner promotion and additional hire

5h Lucy Skoulding, Reporter
EY director joins Crowe Clark Whitehill as partner

Accounting Firms EY director joins Crowe Clark Whitehill as partner

4d Emma Smith, Managing Editor
RSM announces growth across every business line in 2017

Accounting Firms RSM announces growth across every business line in 2017

6d Lucy Skoulding, Reporter
WorkStyle: Helping accountants to support new contractors

Accounting Firms WorkStyle: Helping accountants to support new contractors

2w ClearSky Accounting | Sponsored
Grant Thornton grows profits while radically reshaping portfolio

Accounting Firms Grant Thornton grows profits while radically reshaping portfolio

2w Alia Shoaib, Reporter
How to protect LLP firms from a damaging team move

Accounting Firms How to protect LLP firms from a damaging team move

2w Clive Greenwood, Lewis Silkin
Grant Thornton reports gender pay gap at 26.6%

Accounting Firms Grant Thornton reports gender pay gap at 26.6%

4w Alia Shoaib, Reporter
5 ways to adapt your accounting services for millennial clients

Accounting Firms 5 ways to adapt your accounting services for millennial clients

1m Receipt Bank | Sponsored