Internal investigations at Ahold revealed another €73m missing from the books in what was termed ‘intentional irregularities’ by the company, thought to relate to the allocation of goodwill and assets from acquisitions.
The new figure brings the total of accounting irregularities discovered by the firm to almost €1bn.
The company has now set up a task force of board members and advisers to identify and reform accounting and internal control weaknesses.
Two new audit partners have been appointed at the firm BDO in its audit practice following continued growth and investment
Investment in people, tech and businesses impacts on EY's profit per partner figure
If businesses do not take cyber security seriously in their business planning regulators may do it for them, the ICAEW has warned
Dr Richard Willis provides a several thousand-year history lesson of the profession, from origin to modern-day