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...

11m 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 compli...

12m Accountancy Age

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

1y 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

1y Accountancy Age

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

1y Accountancy Age

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

1y Accountancy Age

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

1y Accountancy Age

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

1y Accountancy Age

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

1y 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

1y 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

1y 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

1y 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

1y 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'

2y 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

2y 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

2y 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

2y 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

2y 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

2y 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

2y 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

2y 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

2y 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

2y 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

2y 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

2y 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

2y 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

2y 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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