The Joint Disciplinary Scheme has been investigating the role of the auditors in the collapse of Equitable, claiming there was a strong public interest in the inquiry.
Equitable itself has filed a claim of £2.6bn against the firm, which E&Y claimed would be prejudiced by the outcome of the JDS investigation.
Since 8 December 1999 Equitable Life, the world’s oldest mutual life assurer, has ceased writing new business and operates only as a closed fund.
Mazars has announced the appointment of Michael Tripp as the new head of financial services
A new leader, Darra Singh has been appointed to lead EY’s UK government and public sector practice
MHA MacIntyre Hudson has partnered with cloud accounting software provider Xero ahead of the government’s requirement for digital records
Revenue and profitability growth in on the rise for CPA firms, found a survey from the American Institute of CPA’s and its subsidiary CPA.com