EY has implemented artificial intelligence (AI) in its audit processes, leading to the detection of fraudulent activities. Out of the first 10 compani...
View articleFintech giant considers dropping BDO following audit report in order to obtain clean bill of health from PRA Read More...
View articleCelebrating excellence in the accounting profession, Accountancy Age's Top 50+50 2023 spotlights the top accountancy firms in the UK. Brought to...
View articleThe recent advisory cuts at KPMG will affect around 110 staff members in the UK Read More...
View articleThe recent redundancies at KPMG will affect around 110 staff members in the UK Read More...
View articleMinisters had committed to overhauling the audit and corporate governance systems in response to scandals at companies like retailer BHS in 2016 and P...
View articleThe 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...
View articleThe ERP system has evolved from being the finance data house to a tool that can power more business decision-making Read More...
View articleThis month saw a series of appointments and promotions from the industry's mid-tier firm Read More...
View articleAfter cooperating with the inquiry, the firms and partners received a reduction in fines Read More...
View articleLast 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...
View articleThe investigation comes six months after Deloitte were hit with a £1.25m fine Read More...
View articleThe FRC has said the admitted failings were "rudimentary and should not have occurred" Read More...
View articleThis is the second investigation the FRC has commenced into audits by EY this week Read More...
View articleAfter years of deliberations and millions of dollars spent, EY has officially pulled the plug on its greatly anticipated break-up plan Read More...
View articleThe big four had a busy month with a number of new directors joining the firms Read More...
View articleJanuary proved to be a busy time for people moves in the accounting industry Read More...
View articleDecember highlighted a flurry of movements for the mid-market accounting firms Read More...
View articleThe Big Four firm was found guilty of breaches in relation to cash and the audit of supplier rebates Read More...
View articleEY's global head of assurance talent on the firm's prospective split, contending with staff poaching, and much more Read More...
View articleHead of tax at KPMG UK says devolution needs to be considered as a component of leveling up Read More...
View articleThe accounting regulator also handed partner Richard Hughes a £42,000 fine Read More...
View articleThe FRC intervention to prevent cheating in the UK follows huge fines issued to firms in the US, Australia, and Canada Read More...
View articleThe 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...
View articleThe big four auditor is being penalised for “conspiracy to corrupt and a failure to prevent bribery” Read More...
View articleCM Murray’s Andrew Pavlovic shares insights on KPMG’s tribunal hearing, shedding light on the regulatory implications for the firm and individuals inv...
View articleProposals on auditing the UK’s largest firms lack sufficient stakeholder support, says Financial Reporting Council CEO Sir Jon Thompson Read More...
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