FRC launches ‘scalebox’ to help smaller firms chal...

The Financial Reporting Council has unveiled a new scalebox initiative to mentor smaller audit firms and improve competition with the Big Four. Read M...

Grant Thornton appoints Ruth Walsh as Partner and ...

Grant Thornton UK has promoted Ruth Walsh to Partner and Head of Talent Solutions, reinforcing the firm’s focus on senior talent to support its growth...

Deloitte brings nearly 1,500 new graduates and app...

Deloitte is set to onboard almost 1,500 graduates, apprentices and industrial placement students across 17 UK offices, with a further 98 joining in De...

Grant Thornton UK reshapes leadership with Quicken...

Grant Thornton UK has appointed Stuart Quickenden as chairman and promoted David Mountjoy to partner to lead financial modelling. Both moves strengthe...

The accountancy shake-up: From talent tides to ope...

Old ways of planning, operating, and growing? They’re transforming. Explore the changes making waves. Read More...

Big Four lag behind smaller firms in AI adoption, ...

Former EY UK chair Hywel Ball highlights the challenges the Big Four face in adopting AI, suggesting that smaller, more agile firms are leading the wa...

FTSE AIM 100: PwC and BDO battle for value

The latest Adviser Rankings Ltd figures for AIM auditors reveal a quarter of mixed fortunes for firms across the rankings. While PKF Littlejohn contin...

Deloitte's Glencore audits under FRC scrutiny

The Financial Reporting Council (FRC) has launched a formal investigation into Deloitte’s audits of Glencore plc and its UK subsidiary, Glencore Energ...

When the apple doesn’t fall far from the audit fir...

When right is nobody’s business, wrong sets the culture. The recent PCAOB fines totalling $8.5 million for cheating on ethics exams at Deloitte, PwC a...

Big accountancy firms fail to monitor AI’s impact ...

The FRC has warned that big accountancy firms aren’t tracking how AI tools affect audit quality, raising concerns over oversight amid growing reliance...

Big Four firms fined over exam cheating scandal

The Dutch arms of Deloitte, PwC and EY have been fined a combined $8.5mn after US regulators uncovered widespread exam cheating involving “hundreds” o...

Deloitte named in Times Top 50 Employers for Gende...

Deloitte UK has been named one of The Times’ Top 50 Employers for Gender Equality for the tenth consecutive year, marking a decade-long commitme...

KPMG fined £1.25m for Carr’s Group audit breaches

KPMG has been fined £1.25m by the Financial Reporting Council (FRC) over serious breaches of audit independence rules during its 2021 audit of farm an...

Deloitte to cut bonuses and slow promotions due to...

Deloitte UK will reduce bonuses and slow promotions across parts of the firm after its technology and transformation (T&T) consulting division mis...

EY faces £2bn lawsuit over “extremely serious” aud...

The UK accounting watchdog has identified “extremely serious” failings in EY’s audits of NMC Health, according to claims aired at the High Court this ...

PwC axes 1,500 jobs in the US amid low attrition a...

Staff blindsided as Big Four firm makes second round of cuts under US chief Paul Griggs Read More...

EY names Alison Duncan as first woman UK chair

Alison Duncan EY has named Alison Duncan as its next UK chair, subject to a partner vote, marking a significant governance shift and historic leadersh...

PwC fined £2.9m over audit failures at Gupta’s Wye...

The Financial Reporting Council (FRC) has fined PwC £2.9 million and issued a severe reprimand over “serious failings” in its 2019 audit of Wyelands B...

EY axes 30 partners in biggest executive purge in ...

Ernst & Young (EY) is set to implement one of its most substantial partner redundancy initiatives in decades, aiming to safeguard profitability am...

KPMG to consolidate global partnerships in major r...

KPMG is set to merge dozens of its national affiliates in a sweeping overhaul of its global structure, aiming to boost growth and improve audit qualit...

The battle for AIM: Is PKF about to unseat BDO?

With BDO’s long-standing dominance under threat, is 2025 the year a new leader emerges in AIM auditing? Read More...

Accountancy Age's Top 10 Stories of 2024

Top 50+50 Accountancy Firms 2024: Evelyn Partners ...

Celebrating excellence in the accounting profession, Accountancy Age's Top 50+50 2024 spotlights the top accountancy firms in the UK. Brought to...

KPMG cuts 4% of US audit staff amid industry wide ...

KPMG has announced a reduction of approximately 330 positions from its US audit practice, representing nearly 4% of its 9,000-person audit workforce, ...

EY eyes joint venture for UK legal arm amid cost c...

In a significant shift, EY is reportedly exploring a joint venture for its UK legal business as it grapples with economic pressures and an evolving st...

Fired for learning? The story behind EY's recent d...

Who’d have thought too much L&D would be a bad thing? That’s the question on the minds of many employees at EY after a recent wave of dismissals w...

EY delays graduate hires as advisory business slow...

Big Four firm pushes back start dates for strategy arm recruits, citing weak M&A market Read More...