Audit shortcomings 'hard to miss' but solutions prove elusive
Audit

Audit shortcomings 'hard to miss' but solutions prove elusive

13y Rose Orlik

Audit shortcomings 'hard to miss' but solutions pr...

The House of Lords report into audit is replete with examples of auditor shortcomings and oligopoly, but solutions to problems are harder to pin down ...

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Bank auditors accused of "complacency"
Audit

Bank auditors accused of "complacency"

13y Kevin Reed , Writer

Bank auditors accused of "complacency"

Lords committee demands statutory obligation for bank auditors to meet with regulators more frequently Read More...

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Auditors respond to Big Four clause investigation
Audit

Auditors respond to Big Four clause investigation

13y Rose Orlik

Auditors respond to Big Four clause investigation

Auditors have rushed to respond to the Big Four bank clause investigation, which could see the Office of Fair Trading come down hard on lending restri...

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BDO lines up complaint against KPMG Brazil
Accounting Firms

BDO lines up complaint against KPMG Brazil

13y Kevin Reed , Writer

BDO lines up complaint against KPMG Brazil

BDO chief Jeremy Newman unhappy about losing a Brazilian firm to KPMG Read More...

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Firms 'doubt' FRC's audit direction
Audit

Firms 'doubt' FRC's audit direction

13y Kevin Reed , Writer

Firms 'doubt' FRC's audit direction

Auditors believe they are sceptical enough about clients - regulators suggest "presumptive doubt" could be the starting point Read More...

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Big Four domination creates dearth of expert witnesses
Corporate Governance

Big Four domination creates dearth of expert witnesses

13y Kevin Reed , Writer

Big Four domination creates dearth of expert witne...

Lack of expert accounting witnesses caused by the Big Four all working for the same big clients and managing partners warned to co-operate with invest...

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Firms measured about corporate finance revival
Accounting Firms

Firms measured about corporate finance revival

13y Kevin Reed , Writer

Firms measured about corporate finance revival

Firms of all shapes and sizes make modest, measured, plans to ready themselves for a steady pickup in corporate finance work Read More...

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Auditors must treat shareholders as their client
Audit

Auditors must treat shareholders as their client

13y Kevin Reed , Writer

Auditors must treat shareholders as their client

Auditor mindset must change for the profession to move on, according to top investor Read More...

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Big Four criticised over tax haven offices
Corporate Tax

Big Four criticised over tax haven offices

13y Kevin Reed , Writer

Big Four criticised over tax haven offices

Big Four operates 81 offices in tax havens, according to research Read More...

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Lehmans accounting within US rules, says E&Y global chief
Audit

Lehmans accounting within US rules, says E&Y global chief

13y Kevin Reed , Writer

Lehmans accounting within US rules, says E&Y g...

E&Y's James Turley defends auditing of Lehman Brothers Read More...

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Leader: HMRC on the offensive
Administration

Leader: HMRC on the offensive

13y Accountancy Age , Reporters

Leader: HMRC on the offensive

Why have arrests by HMRC taken so long in coming… Sage will have to play catch up on iXBRL… Big Four face up to a break up Read More...

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Big Four break-up threat
Audit

Big Four break-up threat

13y Nick Huber , Writer

Big Four break-up threat

Audit market shake-up and tighter regulation could see the break-up of the Big Four firms Read More...

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Minister has "serious concerns" over Big Four's audit dominance
Audit

Minister has "serious concerns" over Big Four's audit dominance

13y Nick Huber , Writer

Minister has "serious concerns" over Big Four's au...

Ed Davey says government regulation of audit market is not preferred option and urges big companies to consider using mid-tier accounting firms Read M...

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PwC partner makes £2.6m racism claim
Accounting Firms

PwC partner makes £2.6m racism claim

13y Kevin Reed , Writer

PwC partner makes £2.6m racism claim

Dunstan Pedropillai accuses PwC of racism, and that he was paid less than white colleagues Read More...

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OFT should examine Big Four market position
Audit

OFT should examine Big Four market position

13y Nick Huber , Writer

OFT should examine Big Four market position

Lord Myners says market consolidation among auditors may have gone too far Read More...

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US audit watchdog gains access to UK auditors
Audit

US audit watchdog gains access to UK auditors

13y Kevin Reed , Writer

US audit watchdog gains access to UK auditors

UK auditors working with clients on US markets will come under the watchful gaze of US watchdog PCAOB Read More...

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KPMG eyes new Leeds HQ
Accounting Firms

KPMG eyes new Leeds HQ

13y Kevin Reed , Writer

KPMG eyes new Leeds HQ

KPMG enters nine-month exclusivity deal with Leeds City Council for a potential new HQ Read More...

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E&Y sued over Lehmans audit
Audit

E&Y sued over Lehmans audit

13y Kevin Reed , Writer

E&Y sued over Lehmans audit

Ernst & Young US sued by NY attorney general over Lehmans audit work Read More...

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Big Four warned Darling of banking collapse risk
Audit

Big Four warned Darling of banking collapse risk

13y Mario Christodoulou , Writer

Big Four warned Darling of banking collapse risk

Documents reveal fragility of UK banking sector following Lehman collapse Read More...

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E&Y's Anglo Irish audit role probed by regulators
Accounting Firms

E&Y's Anglo Irish audit role probed by regulators

13y Kevin Reed , Writer

E&Y's Anglo Irish audit role probed by regulators

Ernst & Young expected to find out in March whether Ireland's accounting regulator will begin disciplinary proceedings against the firm Read More...

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Almanza calls time with BG Group
People Business

Almanza calls time with BG Group

13y Mario Christodoulou , Writer

Almanza calls time with BG Group

FD to replaced by Fabio de Oliveira Barbosa Read More...

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KPMG UK posts static revenues
Audit

KPMG UK posts static revenues

13y Kevin Reed , Writer

KPMG UK posts static revenues

Revenues hold up at £1.6bn: profits per partner climb 10% to £763,000 Read More...

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ICAEW wants to explore joint-audit option
Audit

ICAEW wants to explore joint-audit option

13y Mario Christodoulou , Writer

ICAEW wants to explore joint-audit option

Stance puts institute at odds with Big Four Read More...

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Can the next tier pick up Big Four audit baton?
Audit

Can the next tier pick up Big Four audit baton?

13y David Jetuah , Reporter

Can the next tier pick up Big Four audit baton?

Global reach, deep pockets and perception issues provide hurdles for the next tier to overcome if they want to compete with the Big Four in the audit ...

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Lords accuse auditors of deceiving investors
Audit

Lords accuse auditors of deceiving investors

13y Mario Christodoulou , Writer

Lords accuse auditors of deceiving investors

Auditors signed off on accounts after discussions with government on bailout Read More...

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FRC defends accounting rules in lead-up to crisis
Audit

FRC defends accounting rules in lead-up to crisis

13y Mario Christodoulou , Writer

FRC defends accounting rules in lead-up to crisis

Regulators defend international accounting standards at House of Lords inquiry Read More...

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Will ICAEW prove it has SME practice interests at heart?
Accounting Standards

Will ICAEW prove it has SME practice interests at heart?

13y Kevin Reed , Writer

Will ICAEW prove it has SME practice interests at ...

THE BIG FOUR can look after themselves, let’s face it. The question is, does the ICAEW know that? A meeting takes place today at institute HQ Mo...

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