The timing of the news, reported in the Guardian, is likely to raise suspicions that the government is looking to divert attention away from the criticisms the Treasury is expected to receive in Lord Penrose’s investigation into the debacle.
That report is due to be released within days although Ernst & Young is expected to escape censure because Lord Penrose did not want to become involved in the legal battle between the Big Four firm and Equitable Life.
‘We will be studying the [Penrose] report to assess whether an investigation should be launched,’ the SFO said.
Two new audit partners have been appointed at the firm BDO in its audit practice following continued growth and investment
Investment in people, tech and businesses impacts on EY's profit per partner figure
If businesses do not take cyber security seriously in their business planning regulators may do it for them, the ICAEW has warned
Dr Richard Willis provides a several thousand-year history lesson of the profession, from origin to modern-day