Speaking in Brussels last night, Peter Wyman, the ICAEW president, confirmed he was in talks with ‘ten to twelve’ firms about improved levels of transparency.
He later told AccountancyAge.com he had formed a working party of eight firms to discuss the issues of financial disclosure, as well as transparency in other areas including the levels of minimum professional standards set by the firms.
Wyman’s comments followed those made by Jules Muis, the director general of internal audit at the European Commission who had urged both firms and institutions to be more transparent in their work.
HMRC breaches client confidentiality; and partner profits fall at EY. These stories and more discussed in Friday Afternoon Live
Two new audit partners have been appointed at the firm BDO in its audit practice following continued growth and investment
Changes to the tax system is urged to support the growth of entrepreneurs, found a report from the Grant Thornton UK, the Institute of Directors, and the Prelude Group
Six new partners have been revealed by top ten firm Mazars