Japanese listed broker
will sue former directors, including its ex-CFO, over an accounting fraud at
The firm said it was
3.1bn Yen (£13.4m) from a number of directors, including its former
president, private equity unit chairman and CFO Hajime Yamamoto.
The scandal at the company led to the replacement of PwC audit affiliate
Misuzu as Nikko’s auditor. Another
affiliate, Aarata, took its place.
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
"The whole idea of HMRC officials supplying confidential information about individuals to the media on a non-attributable basis is, or should be, a matter of serious concern," say Supreme Court judges
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