Bacon cited criticisms by unions and rating agency Standard & Poor’s that recent bond issues were leading to ‘diminishing levels of transparency’.
The criticism follows the sale of over £1bn of PFI bonds by Metronet consortium in order to fund its takeover of part of the London Underground. Investors are now questioning the quality of such bonds and want to see less complex deal structures, according to the FT.
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