Regulators failed to watch over Big Four during crisis, say Lords
Audit

Regulators failed to watch over Big Four during crisis, say Lords

14y Mario Christodoulou

Regulators failed to watch over Big Four during cr...

Lord Lawson puts the boot into the FRC and FSA over their failure to communicate adequately with the Big Four Read More...

View article
FSA director to join Deloitte
People Business

FSA director to join Deloitte

14y Mario Christodoulou

FSA director to join Deloitte

David Strachan will leave the FSA to join Big Four firm Read More...

View article
Audit Commission's demise may see Big Five emerge
Audit

Audit Commission's demise may see Big Five emerge

14y Mario Christodoulou

Audit Commission's demise may see Big Five emerge

A future Big Five: lucrative audit commission contracts could see the emergence of a new big player in audit Read More...

View article
Get the latest analysis and reports delivered to your inbox daily
Video: Audit Commission to become fifth big firm?
Audit

Video: Audit Commission to become fifth big firm?

14y Accountancy Age

Video: Audit Commission to become fifth big firm?

Could the Big Four be challenged by a new firm created from remnants of the Audit Commission? Read More...

View article
Lords to hear top six firms on audit reform
Audit

Lords to hear top six firms on audit reform

14y Mario Christodoulou

Lords to hear top six firms on audit reform

Big Four-only covenants likely to be discussed Read More...

View article
Audit Commission should be denied to Big Four
Audit

Audit Commission should be denied to Big Four

14y Gavin Hinks

Audit Commission should be denied to Big Four

Financial Reporting Council says Big Four acquisition of the Audit Commission would damage the audit market Read More...

View article
Big Four can take losing a chunk of the audit market
Audit

Big Four can take losing a chunk of the audit market

14y Kevin Reed , Writer

Big Four can take losing a chunk of the audit mark...

Big Four would only lose an average £6m each if a fifth of the FTSE-250 audit market was open to other firms, says Grant Thornton Read More...

View article
"Unrealistic" for Northern Rock auditor to have raised alarm
Audit

"Unrealistic" for Northern Rock auditor to have raised alarm

14y Mario Christodoulou

"Unrealistic" for Northern Rock auditor to have ra...

"It would be a very brave partner which would unilaterally take those actions," academic claims during House of Lords committee Read More...

View article
Deloitte returns to pre-crisis hiring levels
Audit

Deloitte returns to pre-crisis hiring levels

14y Accountancy Age

Deloitte returns to pre-crisis hiring levels

Deloitte chief predicts a sustained recovery Read More...

View article
Taxman unveils firms' avoidance schemes disclosures
Corporate Tax

Taxman unveils firms' avoidance schemes disclosures

14y David Jetuah

Taxman unveils firms' avoidance schemes disclosure...

HM Revenue & Customs lifts the lid on the number of schemes accountancy firms have informed the taxman about Read More...

View article
Lords to probe audit market
Audit

Lords to probe audit market

14y Gavin Hinks

Lords to probe audit market

Economic affairs committee will examine the dominence of the Big Four and whether auditors should have done more in the crisis Read More...

View article
FTSE 100 audits require "significant improvement", inspectors find
Audit

FTSE 100 audits require "significant improvement", inspectors find

14y Mario Christodoulou

FTSE 100 audits require "significant improvement",...

Audit Inspection Unit highlights deficiencies in company audits Read More...

View article
Vantis: the future lies in pieces… Covenants break cover
Audit

Vantis: the future lies in pieces… Covenants break cover

14y Accountancy Age

Vantis: the future lies in pieces… Covenants break...

The dire situation at Vantis is not the result of of an accountancy firm being structured as a plc… Banks' insistence on Big Four auditors exposed Re...

View article
Restrictive bank covenants keep the Big Four on top
Audit

Restrictive bank covenants keep the Big Four on top

14y Mario Christodoulou

Restrictive bank covenants keep the Big Four on to...

Firms acknowledge the existence of bank covenants restricting firms to using a Big Four auditor in the UK Read More...

View article
We will double advisory fees in three years: E&Y
Company News

We will double advisory fees in three years: E&Y

14y Mario Christodoulou

We will double advisory fees in three years: E&...

Audit revenues are down and advisory revenues are up at Ernst & Young, according to its latest set of accounts Read More...

View article
In-house tax: bring tax back inside
Consulting

In-house tax: bring tax back inside

14y Accountancy Age

In-house tax: bring tax back inside

At a time when companies are cutting back on staff numbers, finance chiefs should be persuading their bosses to start up an internal tax-team and why...

View article
Only one Big Four firm produces UK annual report
Accounting Firms

Only one Big Four firm produces UK annual report

14y Rachael Singh

Only one Big Four firm produces UK annual report

Deloitte joins KPMG and Ernst & Young in abandoning UK-focused annual reports Read More...

View article
Big is back
Accounting Software

Big is back

14y Accountancy Age

Big is back

The Big Four has moved back into the consultancy market in a major way Read More...

View article
Auditors on governance: 'We've been doing this for years'
Audit

Auditors on governance: 'We've been doing this for years'

14y Mario Christodoulou

Auditors on governance: 'We've been doing this for...

Auditors say new governance code codifies existing practice Read More...

View article
Five is not a priority
Audit

Five is not a priority

14y Accountancy Age

Five is not a priority

Abandoning the idea of a new Big Four competitor will seem to many like abdication Read More...

View article
Haddrill: We don't need a Big Five
Audit

Haddrill: We don't need a Big Five

14y Mario Christodoulou

Haddrill: We don't need a Big Five

FRC's new chief to concentrate on planning for a Big Four collapse Read More...

View article
Audit watchdog shines light on Big Four's cross-selling
Audit

Audit watchdog shines light on Big Four's cross-selling

14y Mario Christodoulou

Audit watchdog shines light on Big Four's cross-se...

Despite being forbidden, cross-selling is still being put forward by auditors seeking a pay rise Read More...

View article
Comparability must be the way forward
Audit

Comparability must be the way forward

14y Accountancy Age

Comparability must be the way forward

Big firms could resist change, but they should not be afraid Read More...

View article
As Boyle steps down audit is at a crossroads
Audit

As Boyle steps down audit is at a crossroads

14y Accountancy Age

As Boyle steps down audit is at a crossroads

Much has changed since Paul Boyle too charge at the FRC, but the Big Four are still dominant Read More...

View article
Testing the water
Audit

Testing the water

15y Accountancy Age

Testing the water

Limiting liability has failed to open up the audit market to smaller firms Read More...

View article
Proving Big Four isn't best
Audit

Proving Big Four isn't best

15y Mario Christodoulou

Proving Big Four isn't best

Are audit clients more likely to look local to lower costs? Read More...

View article
Big Four are riding out the storm
Accounting Firms

Big Four are riding out the storm

15y Gavin Hinks

Big Four are riding out the storm

Any revenue rise from top firms is a good result Read More...

View article