The Securities and Exchange Commission has fined the investment bank $80m (£51m) for ‘false and misleading’ statements relating to deals in 1999. The bank agreed with the settlement in principle last month.
The SEC has also charged Merrill Lynch four of its directors with ‘aiding and abetting’ securities fraud by Enron, The Times reported today. The four directors, Robert Furst Schuyler Telney, Daniel Bayly and Thomas Davis, are contesting the charge.
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