Big Four earnings grow from regulator action
FSA uses accountants to report on bank management
FSA uses accountants to report on bank management
Millions are set to be earned by the Big Four firms because the Financial
Service Authority has turned to external advisers to help monitor the management
of City institutions.
The Times reports the fees are earned through the FSA commissioning
‘skilled persons reports’ and that the work has increased five-fold this year.
The reports are paid for by the banks, or other financial institutions, after
being compelled to commission them by the City watchdog.
The Times says that many of the reports focus on the conduct and
competence of management.
The numbers you crunch tell a story. Your expertis...
15yEmbracing 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 articleThis month saw a flurry of appointments and promotions from the industries mid-tier firms Read More...
View articleThe big four had a busy month with a number of new directors joining the firms Read More...
View articleJanuary proved to be a busy time for people moves in the accounting industry Read More...
View articleDecember highlighted a flurry of movements for the mid-market accounting firms Read More...
View articleMid-tier firm furloughs staff two weeks after attending a virtual meeting with several competitors on government assistance Read More...
View articleThe two come together to answer the growing demand for a global specialism in financial investigation practitioners Read More...
View articleEY becomes the latest Big Four firm to sign HM Treasury’s Women in Finance Charter Read More...
View articleFormer KPMG director Christopher Arnull has joined BDO as its first head of Legal and Practice Protection Read More...
View article