The accountancy shake-up: From talent tides to operational optimisation
Accounting Firms

The accountancy shake-up: From talent tides to operational optimisation

2w Dayshape

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...

View article
Big Four lag behind smaller firms in AI adoption, says ex-EY chair
AI in Accounting

Big Four lag behind smaller firms in AI adoption, says ex-EY chair

3w Accountancy Age

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...

View article
FTSE AIM 100: PwC and BDO battle for value
Accounting Firms

FTSE AIM 100: PwC and BDO battle for value

4w Accountancy Age

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...

View article
Get the latest analysis and reports delivered to your inbox daily
Deloitte's Glencore audits under FRC scrutiny
Audit

Deloitte's Glencore audits under FRC scrutiny

1m Accountancy Age

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...

View article
When the apple doesn’t fall far from the audit firm
Audit

When the apple doesn’t fall far from the audit firm

2m Accountancy Age

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...

View article
Big accountancy firms fail to monitor AI’s impact on audit quality, says FRC
Accounting Firms

Big accountancy firms fail to monitor AI’s impact on audit quality, says FR...

2m Accountancy Age

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...

View article
Big Four firms fined over exam cheating scandal
Big Four

Big Four firms fined over exam cheating scandal

2m Accountancy Age

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...

View article
Deloitte named in Times Top 50 Employers for Gender Equality
Big Four

Deloitte named in Times Top 50 Employers for Gender Equality

2m Accountancy Age

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...

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

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

2m Accountancy Age

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...

View article
Deloitte to cut bonuses and slow promotions due to missed targets
Accounting Firms

Deloitte to cut bonuses and slow promotions due to missed targets

3m Accountancy Age

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...

View article
EY faces £2bn lawsuit over “extremely serious” audit failings at NMC Health
Audit

EY faces £2bn lawsuit over “extremely serious” audit failings at NMC Health

3m Accountancy Age

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 ...

View article
PwC axes 1,500 jobs in the US amid low attrition and slow growth
Accounting Firms

PwC axes 1,500 jobs in the US amid low attrition and slow growth

4m Marina Mouka

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...

View article
EY names Alison Duncan as first woman UK chair
Accounting Firms

EY names Alison Duncan as first woman UK chair

5m Accountancy Age

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...

View article
PwC fined £2.9m over audit failures at Gupta’s Wyelands Bank
Accounting Firms

PwC fined £2.9m over audit failures at Gupta’s Wyelands Bank

5m Marina Mouka

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...

View article
EY axes 30 partners in biggest executive purge in decades
Big Four

EY axes 30 partners in biggest executive purge in decades

5m Accountancy Age

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...

View article
KPMG to consolidate global partnerships in major restructuring effort
Big Four

KPMG to consolidate global partnerships in major restructuring effort

6m Marina Mouka

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...

View article
Top 50+50 Accountancy Firms 2024: Evelyn Partners pips Grant Thornton to the post
50+50

Top 50+50 Accountancy Firms 2024: Evelyn Partners pips Grant Thornton to th...

9m Accountancy Age

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...

View article
Top 50+50 Accountancy Firms 2023: PwC maintain top spot
50+50

Top 50+50 Accountancy Firms 2023: PwC maintain top spot

2y 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...

View article
Big four advisory cuts do not reflect mid-tier market
Accounting Firms

Big four advisory cuts do not reflect mid-tier market

2y 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...

View article
Audit sector can tackle Big Four dominance through collaboration, experts say
Audit

Audit sector can tackle Big Four dominance through collaboration, experts s...

2y Dan Cave

Audit sector can tackle Big Four dominance through...

Fines, regulatory oversight and greater investigations are sparking worries that sector control by giants will continue Read More...

View article
Audit reform omission shows it is ‘not a priority’ for government
Audit

Audit reform omission shows it is ‘not a priority’ for government

2y 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...

View article
Audit scandals rendering profession ‘unattractive’ to newcomers
Accounting Firms

Audit scandals rendering profession ‘unattractive’ to newcomers

2y 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...

View article
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...

View article
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...

View article
April People Moves: Big Four firm announces new head of ESG
Accounting Firms

April People Moves: Big Four firm announces new head of ESG

2y Greg Noble

April People Moves: Big Four firm announces new he...

This month saw a flurry of appointments and promotions from the industries mid-tier firms Read More...

View article
AI assisted sustainability assurance can address market capacity shortage
ESG

AI assisted sustainability assurance can address market capacity shortage

2y Greg Noble

AI assisted sustainability assurance can address m...

80% of ESG reporting had limited assurance in 2021, a 3% drop from 2019 Read More...

View article
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...

View article
1 2 3 24