KPMG and Blue J launch AI tax tool

Big Four KPMG and Blue J launch AI tax tool

4w Accountancy Age, Reporters

KPMG and Blue J launch AI tax tool

The tool, Ask Blue J, will revolutionize tax research, allowing KPMG to predict tax outcomes and ask detailed tax-related questions. Read More...

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Deloitte announces scale back of regional deal advisory services

Big Four Deloitte announces scale back of regional deal advisory services

4w Accountancy Age, Reporters

Deloitte announces scale back of regional deal adv...

Following a profitability review, Deloitte has decided to scale back its UK deals business due to lower returns. This strategic shift could lead to jo...

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PwC announces launch of new Cambridge-based digital accelerator

Big Four PwC announces launch of new Cambridge-based digital accelerator

1m Accountancy Age, Reporters

PwC announces launch of new Cambridge-based digita...

PwC Cambridge launched a new digital accelerator – a 12-week Innovation Programme supported by Multinational Corporations collaborating with tec...

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PwC launches AI assistant tool for tax services

Big Four PwC launches AI assistant tool for tax services

1m Accountancy Age, Reporters

PwC launches AI assistant tool for tax services

The tax AI assistant tool cross references and has been trained on case law, legislation and other underlying sources, together with PwC UK’s own IP R...

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Slowing client demand stems promotions at PwC

Audit Slowing client demand stems promotions at PwC

1m Accountancy Age, Reporters

Slowing client demand stems promotions at PwC

PwC's decision to delay promotions in its graduate scheme, affecting around 100 graduates, is a response to reduced client demand and the aftermath of...

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The rise and fall of EY's Project Everest

Big Four The rise and fall of EY's Project Everest

1m Accountancy Age, Reporters

The rise and fall of EY's Project Everest

EY has been undergoing significant cost-cutting measures and streamlining its operations since the abandonment of Project Everest. The firm has made t...

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Top 50+50 Accountancy Firms 2023: Firms report total fee income growth amid market volatility

50+50 Top 50+50 Accountancy Firms 2023: Firms report total fee income growth amid market volatility

1m Rachael King

Top 50+50 Accountancy Firms 2023: Firms report tot...

Mid-market firms experience largest percentage increase in fee income in 2023, as consultancy services start to become leading income streams for the ...

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EY's resignation as Asda's auditor highlights importance of personal compliance

Audit EY's resignation as Asda's auditor highlights importance of personal compliance

2m Accountancy Age, Reporters

EY's resignation as Asda's auditor highlights impo...

On January 27, it was reported EY had quit as auditor to Asda amid one of its senior partners starting a romantic relationship with billionaire chief ...

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PwC's 2023 annual report: What you need to know

Big Four PwC's 2023 annual report: What you need to know

2m Rachael Kennedy

PwC's 2023 annual report: What you need to know

Accountancy Age unpacks PwC's 2023 annual report, with a focus on profits, people, investments and technology. Read More...

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FRC's competition efforts fall flat as Big Four continue to dominate

Accounting Firms FRC's competition efforts fall flat as Big Four continue to dominate

3m Accountancy Age, Reporters

FRC's competition efforts fall flat as Big Four co...

The Big Four audit firms earned 98% of FTSE 350 audit fees in 2022, despite efforts to increase competition within the market Read More...

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PwC alters recruitment process to foster diversity and inclusion

Big Four PwC alters recruitment process to foster diversity and inclusion

3m Accountancy Age, Reporters

PwC alters recruitment process to foster diversity...

School leavers and graduates will be able to advance up to a £1000 of their first month’s salary Read More...

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The collapse of Wilko: Role of EY and PwC

Audit The collapse of Wilko: Role of EY and PwC

3m 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

3m 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

4m 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

4m Rebeca Clark

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...

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KPMG reveals combined deal advisory and consulting practice

Accounting Firms KPMG reveals combined deal advisory and consulting practice

5m 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

5m 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

7m 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

7m 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'

8m 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

9m 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

9m 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

10m 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

10m 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

11m 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

11m 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

11m 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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