The collapse of Wilko: Role of EY and PwC

Audit The collapse of Wilko: Role of EY and PwC

1d Accountancy Age, Reporters

The collapse of Wilko: Role of EY and PwC

The involvement of EY and PwC in this case raises questions about their responsibility and oversight Read More...

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EY's innovative use of AI in detecting audit frauds sparks debate

Audit EY's innovative use of AI in detecting audit frauds sparks debate

1d Accountancy Age, Reporters

EY's innovative use of AI in detecting audit fraud...

EY has implemented artificial intelligence (AI) in its audit processes, leading to the detection of fraudulent activities. Out of the first 10 compani...

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Revolut considers auditor change amid UK banking license challenges

Audit Revolut considers auditor change amid UK banking license challenges

5d Accountancy Age, Reporters

Revolut considers auditor change amid UK banking l...

Fintech giant considers dropping BDO following audit report in order to obtain clean bill of health from PRA Read More...

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Top 50+50 Accountancy Firms 2023: PwC maintain top spot

50+50 Top 50+50 Accountancy Firms 2023: PwC maintain top spot

2w Greg Noble

Top 50+50 Accountancy Firms 2023: PwC maintain top...

Celebrating excellence in the accounting profession, Accountancy Age's Top 50+50 2023 spotlights the top accountancy firms in the UK. Brought to you...

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KPMG reveals combined deal advisory and consulting practice

Accounting Firms KPMG reveals combined deal advisory and consulting practice

1m Greg Noble

KPMG reveals combined deal advisory and consulting...

The recent advisory cuts at KPMG will affect around 110 staff members in the UK Read More...

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Big four advisory cuts do not reflect mid-tier market

Accounting Firms Big four advisory cuts do not reflect mid-tier market

1m Greg Noble

Big four advisory cuts do not reflect mid-tier mar...

The recent redundancies at KPMG will affect around 110 staff members in the UK Read More...

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Audit reform omission shows it is ‘not a priority’ for government

Audit Audit reform omission shows it is ‘not a priority’ for government

3m Greg Noble

Audit reform omission shows it is ‘not a priority’...

Ministers had committed to overhauling the audit and corporate governance systems in response to scandals at companies like retailer BHS in 2016 and P...

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Audit scandals rendering profession ‘unattractive’ to newcomers

Accounting Firms Audit scandals rendering profession ‘unattractive’ to newcomers

4m Greg Noble

Audit scandals rendering profession ‘unattractive’...

The FRC has overseen a major uptick in audit enforcement activity recently, with the regulator issuing fines of £33.3m in 2022, a 77% increase from th...

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The tax function is an 'evolving beast'

Big Four The tax function is an 'evolving beast'

4m Greg Noble

The tax function is an 'evolving beast'

The ERP system has evolved from being the finance data house to a tool that can power more business decision-making Read More...

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People moves: Mazars, BDO contribute to mid-market activity surge

Accounting Firms People moves: Mazars, BDO contribute to mid-market activity surge

5m Greg Noble

People moves: Mazars, BDO contribute to mid-market...

This month saw a series of appointments and promotions from the industry's mid-tier firm Read More...

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KPMG and PwC sanctioned by FRC for Eddie Stobart audits

Accounting Firms KPMG and PwC sanctioned by FRC for Eddie Stobart audits

5m Greg Noble

KPMG and PwC sanctioned by FRC for Eddie Stobart a...

After cooperating with the inquiry, the firms and partners received a reduction in fines Read More...

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Mid-tier advisory services see growth amid Big Four cuts

Accounting Firms Mid-tier advisory services see growth amid Big Four cuts

7m Greg Noble

Mid-tier advisory services see growth amid Big Fou...

Last month it was reported that Deloitte would be cutting approximately 1,200 jobs in the United States, making it the latest of the Big Four accounti...

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FRC to investigate Deloitte’s audit of Joules

Audit FRC to investigate Deloitte’s audit of Joules

7m Greg Noble

FRC to investigate Deloitte’s audit of Joules

The investigation comes six months after Deloitte were hit with a £1.25m fine Read More...

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KPMG sanctioned for ‘rudimentary’ failings over The Works audit

Audit KPMG sanctioned for ‘rudimentary’ failings over The Works audit

7m Greg Noble

KPMG sanctioned for ‘rudimentary’ failings over Th...

The FRC has said the admitted failings were "rudimentary and should not have occurred" Read More...

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FRC initiates investigation into EY's audit of Made.com

Accounting Firms FRC initiates investigation into EY's audit of Made.com

8m Greg Noble

FRC initiates investigation into EY's audit of Mad...

This is the second investigation the FRC has commenced into audits by EY this week Read More...

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EY split timeline: The abandoned break-up plan

Audit EY split timeline: The abandoned break-up plan

8m Sam Alberti

EY split timeline: The abandoned break-up plan

After years of deliberations and millions of dollars spent, EY has officially pulled the plug on its greatly anticipated break-up plan Read More...

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March people moves: KPMG, Deloitte, PwC make senior hires

Big Four March people moves: KPMG, Deloitte, PwC make senior hires

8m Greg Noble

March people moves: KPMG, Deloitte, PwC make senio...

The big four had a busy month with a number of new directors joining the firms Read More...

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People Moves Update: A wave of activity across mid-market firms

Accounting Firms People Moves Update: A wave of activity across mid-market firms

10m Greg Noble

People Moves Update: A wave of activity across mid...

January proved to be a busy time for people moves in the accounting industry Read More...

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People Moves Update: A series of mid-market appointments

Big Four People Moves Update: A series of mid-market appointments

11m Greg Noble

People Moves Update: A series of mid-market appoin...

December highlighted a flurry of movements for the mid-market accounting firms Read More...

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Deloitte hit with £1.25m FRC fine over SIG audit

Accounting Firms Deloitte hit with £1.25m FRC fine over SIG audit

12m Sam Alberti

Deloitte hit with £1.25m FRC fine over SIG audit

The Big Four firm was found guilty of breaches in relation to cash and the audit of supplier rebates Read More...

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WATCH: EY global head of assurance talent on the firm's impending split

Big Four WATCH: EY global head of assurance talent on the firm's impending split

1y Sam Alberti

WATCH: EY global head of assurance talent on the f...

EY's global head of assurance talent on the firm's prospective split, contending with staff poaching, and much more Read More...

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Q&A: KPMG head of tax policy discusses ‘levelling up’ and Truss’ tax cuts

Big Four Q&A: KPMG head of tax policy discusses ‘levelling up’ and Truss’ tax cuts

1y Rebecca Whittaker

Q&A: KPMG head of tax policy discusses ‘levelling ...

Head of tax at KPMG UK says devolution needs to be considered as a component of leveling up Read More...

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PwC hit with multi-million pound sanctions over BT audits

Big Four PwC hit with multi-million pound sanctions over BT audits

1y Rebecca Whittaker

PwC hit with multi-million pound sanctions over BT...

The accounting regulator also handed partner Richard Hughes a £42,000 fine Read More...

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Audit firms asked to address exam cheating following Big Four scandals

Accounting Firms Audit firms asked to address exam cheating following Big Four scandals

1y Rebecca Whittaker

Audit firms asked to address exam cheating followi...

The FRC intervention to prevent cheating in the UK follows huge fines issued to firms in the US, Australia, and Canada Read More...

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Reflections on the continuing absence of audit reform

Audit Reflections on the continuing absence of audit reform

1y Stephen Baker

Reflections on the continuing absence of audit ref...

The government has promised a new dawn for audit reform. Stephen Baker, senior partner at Baker & Partners, asks whether it will it be another false d...

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KPMG hit with £4.5m fine over Rolls-Royce bribery scandal

Audit KPMG hit with £4.5m fine over Rolls-Royce bribery scandal

2y Sam Alberti

KPMG hit with £4.5m fine over Rolls-Royce bribery ...

The big four auditor is being penalised for “conspiracy to corrupt and a failure to prevent bribery” Read More...

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An update on KPMG’s Carillion and Regenersis misconduct

Big Four An update on KPMG’s Carillion and Regenersis misconduct

2y Andrew Pavlovic

An update on KPMG’s Carillion and Regenersis misco...

CM Murray’s Andrew Pavlovic shares insights on KPMG’s tribunal hearing, shedding light on the regulatory implications for the firm and individuals inv...

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