KPMG reassures staff over Andersen merger
Accounting Firms

KPMG reassures staff over Andersen merger

22y Gavin Hinks

KPMG reassures staff over Andersen merger

Mike Rake, the senior managing partner of KPMG, has moved to reassure the firm's staff about the planned merger with crisis stricken Andersen. Read Mo...

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Andersen to shed consultants in KPMG deal
Accounting Firms

Andersen to shed consultants in KPMG deal

22y Damian Wild

Andersen to shed consultants in KPMG deal

Andersen will almost certainly lose a second consulting arm if the firm's proposed merger with KPMG goes ahead, the firm's UK managing partner for peo...

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Andersen to complete merger by 1 October
Accounting Firms

Andersen to complete merger by 1 October

22y Alex Miller.

Andersen to complete merger by 1 October

Andersen this morning expressed confidence that its planned merger with KPMG would not raise any competition issues and will be completed by 1 October...

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Andersen UK may go it alone
Accounting Firms

Andersen UK may go it alone

22y Alex Miller.

Andersen UK may go it alone

Andersen in London today revealed the breakaway of the UK partnership may be inevitable as 'it may not be possible' to sell-off of the group as one en...

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Andersen: Is this the end?
Accounting Firms

Andersen: Is this the end?

22y AccountancyAge.com

Andersen: Is this the end?

The once mighty name of Andersen is facing its final destruction with the firm's defeat in court. Read More...

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Reserved support for Andersen from FTSE-100
Accounting Firms

Reserved support for Andersen from FTSE-100

22y Adriana Zea

Reserved support for Andersen from FTSE-100

Andersen's FTSE-100 clients have cautiously come out in support of the embattled Big Five firm after it was indicted last night. Read More...

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Grant Thornton ready to swoop on Andersen
Accounting Firms

Grant Thornton ready to swoop on Andersen

22y Michelle Perry

Grant Thornton ready to swoop on Andersen

Mid-tier firm Grant Thornton has emerged as another contender to pick up Andersen divisions and partners seeking a way out of the quagmire into which ...

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Berardino accuses US prosecutors of 'over-reaching'
Accounting Firms

Berardino accuses US prosecutors of 'over-reaching'

22y Gavin Hinks

Berardino accuses US prosecutors of 'over-reaching...

Jo Berardino, managing partner at crisis stricken Andersen, has described the US indictment of his firm on charges of 'obstruction of justice' as 'ove...

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Mayflower weeds out Andersen
Accounting Firms

Mayflower weeds out Andersen

22y Alex Miller.

Mayflower weeds out Andersen

Stricken firm Andersen was left reeling today after losing its first UK audit client since becoming ensnared in the Enron affair - this despite assura...

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Sale of Andersen UK may never materialise
Accounting Firms

Sale of Andersen UK may never materialise

22y Michelle Perry

Sale of Andersen UK may never materialise

Any chance of Andersen selling off its UK partnership could be scuppered if it is hit by the maximum penalty of a disciplinary ruling - the removal of...

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Andersen UK distances itself from shredding charges
Accounting Firms

Andersen UK distances itself from shredding charges

22y Alex Miller.

Andersen UK distances itself from shredding charge...

Crisis-stricken Andersen has released a statement this morning claiming there is no evidence of any Enron documents related to the UK firm being 'deli...

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BDO shows interest in Andersen
Accounting Firms

BDO shows interest in Andersen

22y Adriana Zea

BDO shows interest in Andersen

BDO Stoy Hayward may be in line for rescue talks with Andersen after the Big Five firm was ditched by Ernst & Young and Deloitte & Touche. Read More...

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Deloittes walks away from Andersen
Accounting Firms

Deloittes walks away from Andersen

22y Philip Smith.

Deloittes walks away from Andersen

Deloitte Touche Tohmatsu last night joined Ernst & Young by walking away from a rescue deal for fellow Big Five firm Andersen. Read More...

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Andersen sales talk: is this the end of an era?
Accounting Firms

Andersen sales talk: is this the end of an era?

22y Alex Miller.

Andersen sales talk: is this the end of an era?

As news of sell-off talks between Andersen and Deloittes hots up, Alex Miller asks whether Enron really was an audit too far for Andersen and what the...

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Tenon halts acquisitions
Accounting Firms

Tenon halts acquisitions

22y Alex Miller.

Tenon halts acquisitions

Management at struggling consolidator Tenon have called time on its immediate acquisition programme, amid City concerns over its poorly performing sha...

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E&Y pulls out of Andersen talks
Accounting Firms

E&Y pulls out of Andersen talks

22y Philip Smith.

E&Y pulls out of Andersen talks

Ernst & Young today said that it had walked away from a possible rescue deal with Andersen in the US. Read More...

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EC likely to 'call in' Andersen merger
Accounting Firms

EC likely to 'call in' Andersen merger

22y Gavin Hinks

EC likely to 'call in' Andersen merger

A merger between Andersen and any other Big Five firm will almost certainly be reviewed by competition authorities at the European Commission, it has ...

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Numerica buys marketing services group
Accounting Firms

Numerica buys marketing services group

22y Alex Miller.

Numerica buys marketing services group

Numerica has today revealed its dream of becoming 'the accountants' accountant' after snapping up Bristol-based Practice Track for £1m - its second ac...

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KPMG joins Andersen feeding frenzy
Accounting Firms

KPMG joins Andersen feeding frenzy

22y Philip Smith.

KPMG joins Andersen feeding frenzy

A third suitor has emerged to buy up Andersen, joining the round of talks that is rapidly beginning to resemble the sale of the century. Read More...

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Andersen UK to fend for itself
Accounting Firms

Andersen UK to fend for itself

22y Alex Miller.

Andersen UK to fend for itself

The UK office of under-siege Andersen could be left to fend for itself if its worldwide partnership were broken up - a prospect which grew more likely...

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Andersen faces obstruction charges
Accounting Firms

Andersen faces obstruction charges

22y Philip Smith.

Andersen faces obstruction charges

Andersen could face criminal charges if it fails to plead guilty to charges of obstruction of justice, it has emerged today. Read More...

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Andersen and E&Y in rescue talks
Accounting Firms

Andersen and E&Y in rescue talks

22y Alex Miller.

Andersen and E&Y in rescue talks

Andersen was today keeping tight-lipped over reports it is in rescue talks with Big Five rival Ernst & Young. Read More...

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Deloittes declines comment on Andersen buy
Accounting Firms

Deloittes declines comment on Andersen buy

22y Adriana Zea

Deloittes declines comment on Andersen buy

Deloitte and Touche has refused to comment on news that it is in acquisition talks with Andersen. Read More...

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Andersen and Deloittes in acquisition talks
Accounting Firms

Andersen and Deloittes in acquisition talks

22y Alex Miller.

Andersen and Deloittes in acquisition talks

Embattled firm Andersen is negotiating to sell itself off to Deloitte Touche Tohmatsu - with an official announcement of a deal expected to come as so...

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Freddie Mac takes axe to Andersen
Accounting Firms

Freddie Mac takes axe to Andersen

22y Philip Smith.

Freddie Mac takes axe to Andersen

Andersen has been dealt another body blow while still reeling from the loss of one of its most significant clients last week. Read More...

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No support for Andersen audit split
Accounting Firms

No support for Andersen audit split

22y Philip Smith.

No support for Andersen audit split

With speculation mounting that Andersen is set to announce the separation of its audit arm as early as this week, its Big Five rivals have moved to di...

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Fives football: tackle the profession's best
Accounting Firms

Fives football: tackle the profession's best

22y AccountancyAge.com

Fives football: tackle the profession's best

How would you like to see your five-a-side team crowned as the profession's best? Accountancy Age is giving you the chance to find out with the launch...

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