The Maxwell report
The Department of Trade & Industry report on the Maxwell affair severely criticised a number of City institutions including Coopers & Lybrand Deloitte.
Commissioned in 1992, it cost £10m to produce and comes in at over 700 pages.
AccountancyAge.com has extensive coverage on the report, which details what happened, when it happened and who should burden the responsibility.
To have your say on the Maxwell report, email [email protected].
Top stories
Pounds 10m Maxwell report slams auditors
The DTI report on the Maxwell affair has finally been published, severely criticising a number of City institutions including Coopers & Lybrand Deloittes.
Maxwell report calls for audit rotation
Compulsory rotation of partners or firms undertaking audits have been recommended by the government report into the Maxwell affair, which recommends ‘more radical thought and wider debate’ on auditor independence in the UK.
Press baron damned as early as 1973
The latest report on the Maxwell scandal echoes many of the same conclusions as a DTI report on the former press baron that was published almost 30 years ago.
PwC hopes report spells end of problems>br>Senior PricewaterhouseCoopers partners have spent the week poring over the findings of the DTI’s inquiry on Robert Maxwell ahead of this morning’s publication of the damning report on the corrupt media tycoon’s financial affairs.
Coopers’ pensions role under fire
Coopers & Lybrand Deloitte consistently agreed accounting treatments of transactions that served the interest of Robert Maxwell rather than those of the pension beneficiaries, according to the DTI’s report into the Maxwell affair.
Report recommends ‘comfort letter’
A company combining the posts of chairman and chief executive which is seeking a listing, should provide a ‘comfort letter’ explaining why two top jobs have been given to one person, according to a the report into Mirror Group Newspapers.
Non-audit services ‘conflict of interest’
Auditors providing non-audit work for the same company have an ‘obvious’ conflict of interest, according to the Department of Trade and Industry’s report into the Maxwell affair.
Resources & Whitepapers
Accounting Software The power of customisation in accounting systems
Leader: Maxwell’s ghost returns, but has lesson been learnt?
The ghost of Maxwell has returned once again to batter PricewaterhouseCoopers with negative headlines over Coopers & Lybrand Deloitte’s failings as auditor of the corrupt media empire.
Archive
City braced for DTI’s Maxwell report
Analysis: Turbulent times at PwC
Coopers’ partners await Maxwell report
JDS rakes in £5m in disciplinary fines
Big Five – Maxwell payout threatens premiums
JDS: Scandal watchdog comes off the leash
Legal – Court battle for Maxwell funds
Maxwell – How PwC partners kept their heads
The Big Question – ‘Coopers got off lightly’
Maxwell – FDs attack JDS fine as Coopers’ fees emerge
Maxwell – PwC says affair ‘cost it dear’
Maxwell – PwC faces further JDS tribunals
JDS Maxwell verdict: Partners take £6K hits
Maxwell insolvency fee prompts IPA inquiry