Mike Rake has been re-elected as chairman of KPMG International.
Rake is to start a second three-year term from October 2005.
The decision is understood to have been made at a meeting last week. Rake is
thought to be staying on to oversee a period of uncertainty for the firm,
following former US chairman Eugene O’Kelly’s resignation earlier this year, and
The US firm was also on the receiving end of a fine of almost $500m as a
result of its involvement in the tax shelter scandal in the US.
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