Fallout from Polly Peck continues
Accounting Firms

Fallout from Polly Peck continues

22y Michelle Perry , Writer

Fallout from Polly Peck continues

The UK's accountancy watchdog has laid complaints against two partners and one former partner of a firm in Northern Cyprus for their role in the colla...

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Government faces legal action over Railtrack
Accounting Firms

Government faces legal action over Railtrack

22y Adriana Zea , Contributor

Government faces legal action over Railtrack

Railtrack Group has threatened court action to force the government to disclose all key documents related to subsidiary Railtrack plc being placed in ...

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Andersen shunned by Big Five rivals
Accounting Firms

Andersen shunned by Big Five rivals

22y Alex Miller.

Andersen shunned by Big Five rivals

Disgraced firm Andersen has been hit with another blow after rival Big Five firms and the American Institute of Certified Public Accountants objected ...

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Lords battle looms over accountants' liability
Accounting Firms

Lords battle looms over accountants' liability

22y our parliamentary staff

Lords battle looms over accountants' liability

A battle is looming in the House of Lords over the government's refusal to allow accountants and other finance industry professionals a defence of neg...

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Former FD to sue for wrongful dismissal
Accounting Firms

Former FD to sue for wrongful dismissal

22y Adriana Zea , Contributor

Former FD to sue for wrongful dismissal

A former finance director and BDO Stoy Hayward partner is suing his former employer Old English Inns for wrongful dismissal, claiming 'stigma damages'...

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Andersen axed by Merck
Accounting Firms

Andersen axed by Merck

22y Philip Smith.

Andersen axed by Merck

Andersen has suffered a devastating blow in the US with the news it has been axed by longstanding client Merck. Read More...

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The butt of Bush's joke
Accounting Firms

The butt of Bush's joke

22y Accountancy Age

The butt of Bush's joke

We don't often write leaders about Taking Stock items but President Bush's joke linking Iraqi weapons inspectors and Andersen is remarkable. Read More...

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Audit firms go on the defensive
Accounting Firms

Audit firms go on the defensive

22y Philip Smith.

Audit firms go on the defensive

As a second Big Five firm announced that it would no longer be providing internal audit outsourcing for external audit clients, other firms this week ...

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PwC Russia defends its reputation
Accounting Firms

PwC Russia defends its reputation

22y Michelle Perry , Writer

PwC Russia defends its reputation

PricewaterhouseCoopers has taken the unusual step of placing full-page advertisements in the Russian media, to defend its reputation as an auditor, as...

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The PwC advertisement in full
Accounting Firms

The PwC advertisement in full

22y AccountancyAge.com

The PwC advertisement in full

Below is the full page advertisement taken out by PricewaterhouseCoopers in the Russian media. Read More...

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KPMG falls out of favour with Land Rover
Accounting Firms

KPMG falls out of favour with Land Rover

22y Adriana Zea , Contributor

KPMG falls out of favour with Land Rover

Land Rover is understood to have instigated an unofficial ban on using KPMG's services following the dispute over supply of chassis to the car manufac...

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Deloittes considers move to LLP status
Accounting Firms

Deloittes considers move to LLP status

22y Michelle Perry , Writer

Deloittes considers move to LLP status

Deloitte & Touche is reviewing its status with a view to becoming a limited liability partnership just weeks after rival PricewaterhouseCoopers sa...

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E&Y under fire over Tube report
Accounting Firms

E&Y under fire over Tube report

22y Philip Smith.

E&Y under fire over Tube report

Consultants from Ernst & Young came under fire yesterday when they were unable to say whether the part-privatisation of the Tube would be value for mo...

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Andersen undecided on audit spin-off
Accounting Firms

Andersen undecided on audit spin-off

22y Alex Miller.

Andersen undecided on audit spin-off

Embattled Big Five firm Andersen, today refused to rule out spinning off its audit arm into an independent company. Read More...

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New plans for global qualification
Accounting Firms

New plans for global qualification

22y Michelle Perry , Writer

New plans for global qualification

An attempt to develop a global accountancy qualification has been given a fresh start as seven of Europe's accountancy institutes join forces. Read Mo...

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Land backs idea of firms publishing accounts
Accounting Firms

Land backs idea of firms publishing accounts

22y Larry Schlesinger , Writer

Land backs idea of firms publishing accounts

'Transparency and openness are fundamental elements of good business practice', says Nick Land, UK senior partner at Ernst & Young. Read More...

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Should firms publish their accounts?
Accounting Firms

Should firms publish their accounts?

22y Michelle Perry , Writer

Should firms publish their accounts?

When does transparency overstep the mark? Nick Land believes in firms publishing their accounts. Michelle Perry, however says partnerships have a righ...

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Where the big money lies
Accounting Firms

Where the big money lies

22y Larry Schlesinger , Writer

Where the big money lies

This week saw the European Court of Justice make its contribution to the debate surrounding multi-disciplinary practices. Words like stable, door, hor...

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It's a good life really
Accounting Firms

It's a good life really

22y Accountancy Age

It's a good life really

At last some good news - an emphatic 69% of finance directors, according to this week's Big Question, would encourage their children to pursue account...

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E&Y moves to shore up integrity
Accounting Firms

E&Y moves to shore up integrity

22y Gavin Hinks , Writer

E&Y moves to shore up integrity

Ernst & Young has moved to underpin the public perception of its integrity by ruling out doing external audit work for publicly listed clients rec...

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Lesson to be learnt from claims fraud
Accounting Firms

Lesson to be learnt from claims fraud

22y Larry Schlesinger , Writer

Lesson to be learnt from claims fraud

The Ministry of Agriculture has been told by the National Audti Office it could unearth farming fruad earlier if its checks were more 'rigorous'. Read...

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Grant Thornton wins Harrods audit
Accounting Firms

Grant Thornton wins Harrods audit

22y Accountancy Age

Grant Thornton wins Harrods audit

Mid-tier firm Grant Thornton has won the audit contract for luxury department story Harrods after PricewaterhouseCoopers stepped down. Read More...

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Andersen 'confident' despite rejected offer
Accounting Firms

Andersen 'confident' despite rejected offer

22y Alex Miller.

Andersen 'confident' despite rejected offer

Andersen has today issued a statement following the revelation the firm's US arm had a $260m damages settlement offer rejected by Enron shareholders. ...

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Andersen complaints in the US add up
Accounting Firms

Andersen complaints in the US add up

22y Accountancy Age

Andersen complaints in the US add up

Amid the increasing nervousness of US markets, Andersen's efforts to rebuild its reputation are being undermined by continuous revelations of associat...

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Staff risk low pensions under new schemes
Accounting Firms

Staff risk low pensions under new schemes

22y Larry Schlesinger , Writer

Staff risk low pensions under new schemes

Many UK employees face 'lean retirements' if they continue to make low contributions to their defined contribution schemes, research by KPMG Pensions ...

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Andersen defends role at SSL
Accounting Firms

Andersen defends role at SSL

22y Michelle Perry , Writer

Andersen defends role at SSL

Andersen today defended its role as former auditor to healthcare group SSL International stating that there is no 'prima facie evidence' that any of i...

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PwC to axe 200 tax staff
Accounting Firms

PwC to axe 200 tax staff

22y Michelle Perry , Writer

PwC to axe 200 tax staff

PricewaterhouseCoopers is to axe up to 200 staff in its UK tax practice following a similar move by KPMG this month. Read More...

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