After a string of high profile audit failings, including the collapse of Carillion, the FRC has been under increasing pressure from the government and...
View articleThe conflict began when Arsenal stakeholder Lady Nina Bracewell-Smith filed a professional negligence claim against the Big Four and magic circle firm...
View articlePwC has appointed Tom Yeates and Mark Jennings as new partners in its Northern offices Read More...
View articleHMRC is leveraging sophisticated algorithms and big data sources to gather evidence with greater ease and efficiency than property raids Read More...
View articleResearch commissioned by HMRC showed that over half of small businesses find HMRC investigations too intensive and disruptive Read More...
View articleThe 5 member countries will collaborate to tackle international tax crime, money laundering and threats posed by cryptocurrencies and cybercrime Read ...
View articleA US federal judge found that as auditor PwC was negligent and failed to detect £2bn fraud which spanned several years Read More...
View articleThe FRC is investigating KPMG over its 2017 audit of Conviviality, which went into administation in April after finding an unexpected tax bill of £30m...
View articleAccountancy Age's Alia Shoaib provides a roundup of all the key new stories in the accountancy industry from the month of June Read More...
View articleThe government has introduced greater flexibility in the levy system, but does it go far enough? Read More...
View articleThe investigation comes months after shareholders voted to remove Deloitte as auditor in an unusual rebellion, and will focus on the audit of cash and...
View articleIn a damning email circulated to PwC partners, Kevin Ellis said Steve Denison spent only two hours on the audit and backdated his audit opinion Read M...
View articleThe report found that half of KPMG's audits needed more than limited improvements, and will now increase scrutiny on the firm's upcoming audit work Re...
View articleEnjoy a fact of the day to go with the match of the day! Stay tuned for tax and economy facts about all 32 countries as they play Read More...
View articleThe ruling, relating to the employment status of plumber Gary Smith, will have wide implications for the gig economy and the rights of independent con...
View articleThe record fine comes after a two-year investigation into BHS’s 2014 audits, which PwC had signed off on just days before its sale for £1 Read More...
View articleThe firm admitted to two counts of misconduct and said that it "should have gone further" in challenging the scandal-ridden company's accounts Read Mo...
View articleBDO has announced the promotion of 14 new partners across its tax, audit and advisory teams, based in London, Leeds, Southampton and Guildford Read Mo...
View articleThe NAO report revealed that Carillion's insolvency will cost the taxpayer £148m while PwC will net £50m, a figure that has been questioned by MPs Rac...
View articleAfter causing a stir by estimating the Brexiteer-favoured "max-fac" customs arrangement could cost upto £20bn, HMRC chief Jon Thompson returned to the...
View articleThe FRC has brought disciplinary action against Deloitte auditors over their failure to adequately challenge issues with Autonomy’s accounts, which le...
View articleSeveral sessions at Accountex looked at the human side of accountancy– particularly the experiences of millennials and women in the industry, and how...
View articleWe sat down with Anna Anthony, who topped our Women in Finance ranking, to discuss her career trajectory, the danger of conformity and how to help wom...
View articleThe company blamed “unfounded accusations” and the “siege of media coverage” for its closure, but concerns remain that the company will continue opera...
View articleThe report states the current system “manages the uniquely bad twin feat of being both wildly unpopular and raising very little revenue" and proposes ...
View articleThis comes months after the PAC expressed concern over the tax authority’s “risky” decision to pursue 15 major transformation programmes and over 260 ...
View articleAccountancy Age caught up with Mel Stride, the Financial Secretary to the Treasury, to discuss cryptocurrency, Brexit updates, the EU proposed digital...
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