In a damning email circulated to PwC partners, Kevin Ellis said Steve Denison spent only two hours on the audit and backdated his audit opinion Read M...
View articleThe report found that half of KPMG's audits needed more than limited improvements, and will now increase scrutiny on the firm's upcoming audit work Re...
View articleThe record fine comes after a two-year investigation into BHS’s 2014 audits, which PwC had signed off on just days before its sale for £1 Read More...
View articleThe firm admitted to two counts of misconduct and said that it "should have gone further" in challenging the scandal-ridden company's accounts Read Mo...
View articleThe FRC has brought disciplinary action against Deloitte auditors over their failure to adequately challenge issues with Autonomy’s accounts, which le...
View articleJobs in accountancy are ever-increasing across the UK, with firms currently having to use contractors or outsourcing to meet their needs Read More...
View articleInquiry report is scathing of Carillion directors and auditors and calls for the audit market to be referred to the Competition and Markets Authority ...
View articleThe average UK accountant earns a salary of £62,042, but this varies hugely depending on factors such as gender, location, level, company size, and se...
View articleThe firm has launched a review into all audit work completed in the past 18 months and will conduct background checks of staff every two years, follow...
View articleAfter increased pressure to take a tougher stance against Big Four firms for audit breaches, the FRC has implemented a range of sanctions Read More...
View articlePwC said it plans to defend its position "vigorously" Read More...
View articleThe firm has taken the strategic decision to move away from tendering for FTSE 350 audit work until there is a "shift in the competitive landscape" Re...
View articleIn our new day-in-the-life series, we find out what accountants in practice and industry get up to on a typical day Read More...
View articleAuditor rankings reveal that 241 of FTSE 250 companies are audited by Big Four firms Read More...
View articleThe Justice Department said Deloitte failed to detect a multi-million-dollar fraud scheme that spanned six years Read More...
View articleIn a series of meetings the joint parliamentary committee grilled Carillion directors, pension regulators and KPMG and Deloitte auditors on accounting...
View articleTraditionally, auditing has mostly focused on evaluating the past and ensuring compliance but now the role is evolving to serve a more strategic purpo...
View articleIn a landmark ruling, a Dubai judge said the court will hear whether Deloitte Middle East was negligent as auditor of the Lebanese Canadian Bank Read ...
View articleLaw firm BarentsKrans has commenced legal proceedings against Steinhoff and its auditor Deloitte on behalf of aggrieved shareholders of the retail com...
View articleThe FRCs investigation will determine whether KPMG breached any relevant requirements, particularly the ethical and technical standards for auditors R...
View articleFormer PCAOB employees allegedly leaked confidential data to KPMG to help it pass audit inspections Read More...
View articleThe ban follows PwC’s failure to detect fraud over $1bn at Satyam Computer Services in one of the country’s largest corporate scandals Read More...
View articleWith over 30 years of experience, Adams has taken Menzies through a period of incredible growth Read More...
View articleCarillion has collapsed and PwC partners have been appointed as special managers by the High Court. What happens now? Read More...
View articleA US federal judge has said that the firm failed to respond to red flags and will now consider whether PwC should be liable for damages Read More...
View articleThe uncovering of accounting irregularities led to Steinhoff's share prices plummeting by 80% Read More...
View articleThis year has seen the FRC cracking down on audit misconduct, handing out a series of record fines to the Big Four firms. Here are some of the biggest...
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