Newscorp flips switch on Andersen
Rupert Murdoch's Australian-based media empire, News Corporation, has fired Andersen, claiming the firm can no longer serve its global demands.
Rupert Murdoch's Australian-based media empire, News Corporation, has fired Andersen, claiming the firm can no longer serve its global demands.
The company, which includes US subsidiary Fox Entertainment, made the announcement today after the Australian Securities and Investment Commission granted permission for Newscorp to replace the rapidly-disappearing firm.
Ironically, Newscorp has chosen Ernst & Young for its new auditor – the firm set to take over Andersen in Australia and New Zealand.
In a statement to the Australian Stock Exchange, Newscorp said the decision was not the result of any disagreements with the firm over previous audits but because of the ‘uncertain future of Andersen’s international structure’.
Yesterday Andersen UK, which has clinched a tie-up with Deloitte & Touche, said it was to shed 1,500 jobs, or about 30% of its British workforce.
The numbers you crunch tell a story. Your expertis...
22yEmbracing user-friendly AP systems can turn the tide, streamlining workflows, enhancing compliance, and opening doors to early payment discounts. Read...
View articleOrganisations can enhance their financial operations' efficiency, accuracy, and responsiveness by adopting platforms that offer them self-service cust...
View articleIn a world of instant results and automated workloads, the potential for AP to drive insights and transform results is enormous. But, if you’re still ...
View resourceDiscover how AP dashboards can transform your business by enhancing efficiency and accuracy in tracking key metrics, as revealed by the latest insight...
View articleThree years after accountancy group DJH Mitten Clarke launched, they have announced that they have rebranded to DJH. The DJH Mitten Clarke name reflec...
View articleStatic budgets outdated. Embrace agile budgeting for a smooth year-end close and adapt to changing markets. Read More...
View articleSaffery Champness's strategic rebrand to "Saffery" reflects a bold step towards aligning its historic values with a modern, innovative ethos, fosterin...
View articleSumer’s CEO Warren Mead believes accountants have a responsibility to champion smaller and medium-sized businesses and that successful entrepreneurs a...
View articleMid-market firms experience largest percentage increase in fee income in 2023, as consultancy services start to become leading income streams for the ...
View articleBaker Tilly International has today announced record global revenues of US$5.2bn for the financial year ended 31 December 2023, up 11% on the previous...
View articleWhilst Small and Medium Enterprises (SMEs) account for around half of the turnover in the UK private sector[1], our own AAT research shows that over a...
View articleGrant Thornton UK as confirmed the appointment of Malcolm Gomersall as its new Chief Executive Officer. Gomersall, who has been with the firm for over...
View article