HMRC’s refusal to raid top Tory donor Lycamobile to be investigated by MPs

Big Four HMRC’s refusal to raid top Tory donor Lycamobile to be investigated by MPs

4y Alia Shoaib, Reporter

HMRC’s refusal to raid top Tory donor Lycamobile t...

After a French probe into Lycamobile uncovered money laundering and tax fraud, HMRC refused to raid the company, citing its political donations Read M...

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Deloitte to review Abraaj finances after investors question KPMG review

Big Four Deloitte to review Abraaj finances after investors question KPMG review

4y Alia Shoaib, Reporter

Deloitte to review Abraaj finances after investors...

Abraaj's troubles began when four investors, including the Bill & Melinda Gates Foundation, alleged that money intended for medical projects had b...

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KPMG South Africa to review past audit work amid fresh scandal

Audit KPMG South Africa to review past audit work amid fresh scandal

4y Alia Shoaib, Reporter

KPMG South Africa to review past audit work amid f...

The firm has launched a review into all audit work completed in the past 18 months and will conduct background checks of staff every two years, follow...

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RSM appoints two new regional managing partners

People In Practice RSM appoints two new regional managing partners

4y Alia Shoaib, Reporter

RSM appoints two new regional managing partners

John Taylor becomes regional managing partner for the firm's Southern region while Alex Tait takes over Scotland & Northern Ireland Read More...

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RSM appoints new Chief Operating Officer

Accounting Firms RSM appoints new Chief Operating Officer

4y Alia Shoaib, Reporter

RSM appoints new Chief Operating Officer

Robert Ross succeeds David Gwilliam, who takes on the role of CEO Read More...

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FRC introduces £10m sanctions for Big Four firms

Audit FRC introduces £10m sanctions for Big Four firms

4y Alia Shoaib, Reporter

FRC introduces £10m sanctions for Big Four firms

After increased pressure to take a tougher stance against Big Four firms for audit breaches, the FRC has implemented a range of sanctions Read More...

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Ukraine’s PrivatBank files $3bn claim against PwC

Audit Ukraine’s PrivatBank files $3bn claim against PwC

4y Alia Shoaib, Reporter

Ukraine’s PrivatBank files $3bn claim against PwC

PwC said it plans to defend its position "vigorously" Read More...

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Grant Thornton to exit FTSE 350 audit market, citing Big Four dominance

Audit Grant Thornton to exit FTSE 350 audit market, citing Big Four dominance

4y Alia Shoaib, Reporter

Grant Thornton to exit FTSE 350 audit market, citi...

The firm has taken the strategic decision to move away from tendering for FTSE 350 audit work until there is a "shift in the competitive landscape" Re...

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Women in Finance: Top Five reveal!

People In Business Women in Finance: Top Five reveal!

4y Alia Shoaib, Reporter

Women in Finance: Top Five reveal!

Here are the five women who been voted into the top five positions on the Women in Finance 2018 List – all based entirely on your votes Read More...

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KPMG’s former Brexit head to lead its financial crime practice

Big Four KPMG’s former Brexit head to lead its financial crime practice

4y Alia Shoaib, Reporter

KPMG’s former Brexit head to lead its financial cr...

After over 30 years experience at the firm Karen Briggs will head up its financial crime practice in the UK Read More...

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PwC’s gender pay gap highest of Big Four

Big Four PwC’s gender pay gap highest of Big Four

4y Alia Shoaib, Reporter

PwC’s gender pay gap highest of Big Four

Across the firm’s entire workforce, including partners, PwC reports a mean gender pay gap of 43.8% Read More...

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Spring Statement 2018: 5 things to look out for

Brexit & Economy Spring Statement 2018: 5 things to look out for

4y Alia Shoaib, Reporter

Spring Statement 2018: 5 things to look out for

Experts discuss economic forecasts, taxing the digital economy, remuneration structures and more Read More...

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KPMG releases partner pay gap data

Big Four KPMG releases partner pay gap data

4y Alia Shoaib, Reporter

KPMG releases partner pay gap data

The firm reported a 42% mean pay gap between all male and female employees, including partners Read More...

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Women in Finance ranking 2018

People Business Women in Finance ranking 2018

4y Alia Shoaib, Reporter

Women in Finance ranking 2018

Accountancy Age is launching its its inaugural Women in Finance ranking – and calling on you to vote! Read More...

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Big Four dominate FTSE 250 audit market in Q1 rankings

Audit Big Four dominate FTSE 250 audit market in Q1 rankings

4y Alia Shoaib, Reporter

Big Four dominate FTSE 250 audit market in Q1 rank...

Auditor rankings reveal that 241 of FTSE 250 companies are audited by Big Four firms Read More...

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Deloitte to pay $149.5m over Taylor, Bean & Whitaker audit failure

Audit Deloitte to pay $149.5m over Taylor, Bean & Whitaker audit failure

4y Alia Shoaib, Reporter

Deloitte to pay $149.5m over Taylor, Bean & Wh...

The Justice Department said Deloitte failed to detect a multi-million-dollar fraud scheme that spanned six years Read More...

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Carillion CFO blew whistle over 'sloppy accounting' months before collapse

Business Recovery Carillion CFO blew whistle over 'sloppy accounting' months before collapse

4y Alia Shoaib, Reporter

Carillion CFO blew whistle over 'sloppy accounting...

MP Frank Field criticised the board for scrapping an independent review in favour of having KPMG "mark their own homework” Read More...

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Deloitte appoints new tax partner

People In Practice Deloitte appoints new tax partner

4y Alia Shoaib, Reporter

Deloitte appoints new tax partner

Paul Knight will lead the firm’s corporation tax advisory services to the public sector and charities Read More...

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Toys R Us UK and Maplin enter into administration after failing to secure buyers

Business Recovery Toys R Us UK and Maplin enter into administration after failing to secure buyers

4y Alia Shoaib, Reporter

Toys R Us UK and Maplin enter into administration ...

Maplin has appointed PwC partners as joint administrators while Toys R Us has selected Moorfields Read More...

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Carillion inquiry: missed red flags, aggressive accounting and the pension deficit

Audit Carillion inquiry: missed red flags, aggressive accounting and the pension deficit

4y Alia Shoaib, Reporter

Carillion inquiry: missed red flags, aggressive ac...

In a series of meetings the joint parliamentary committee grilled Carillion directors, pension regulators and KPMG and Deloitte auditors on accounting...

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Saffery Champness elects new managing partner

People In Practice Saffery Champness elects new managing partner

4y Alia Shoaib, Reporter

Saffery Champness elects new managing partner

The top 20 firm has appointed Mathew Burton as managing partner, effective April 2018 Read More...

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Incoming FCA chair admits “error in judgement” over investment in tax avoidance scheme

HMRC Incoming FCA chair admits “error in judgement” over investment in tax avoidance scheme

4y Alia Shoaib, Reporter

Incoming FCA chair admits “error in judgement” ove...

Randell took responsibility for the mistake but said the scheme had been discussed with senior policy officials at HMRC “who had indicated that they a...

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What are the implications of HMRC’s IR35 victory against BBC presenter?

HMRC What are the implications of HMRC’s IR35 victory against BBC presenter?

4y Alia Shoaib, Reporter

What are the implications of HMRC’s IR35 victory a...

As the first IR35 victory for the Revenue in nine years, the case against Christa Ackroyd will likely have implications for similar cases as well as f...

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EY appoints new global tax leader

People In Practice EY appoints new global tax leader

4y Alia Shoaib, Reporter

EY appoints new global tax leader

EY has appointed Kate Barton as its new global tax leader, effective 1 July 2018 Read More...

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Deloitte’s audits of Hezbollah-linked bank to be examined by Dubai court

Audit Deloitte’s audits of Hezbollah-linked bank to be examined by Dubai court

4y Alia Shoaib, Reporter

Deloitte’s audits of Hezbollah-linked bank to be e...

In a landmark ruling, a Dubai judge said the court will hear whether Deloitte Middle East was negligent as auditor of the Lebanese Canadian Bank Read ...

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EU parliament to launch tax inquiry in the wake of the Paradise Papers

Legal EU parliament to launch tax inquiry in the wake of the Paradise Papers

4y Alia Shoaib, Reporter

EU parliament to launch tax inquiry in the wake of...

The committee's remit will cover EU VAT fraud, non-dom rules and the EU tax haven black list Read More...

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Taylor Review: Government expands workers’ rights, but tax issues remain

Legal Taylor Review: Government expands workers’ rights, but tax issues remain

4y Alia Shoaib, Reporter

Taylor Review: Government expands workers’ rights,...

The government proposals provide gig economy workers with greater rights, but experts say the refusal to re-examine NICs or tax classifications may be...

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