KPMG handed record fine over audit failures in Carillion demise
Audit

KPMG handed record fine over audit failures in Carillion demise

6m Greg Noble

KPMG handed record fine over audit failures in Car...

KPMG was initially fined £30 million, but the penalty was subsequently decreased by 30% due to its cooperation throughout the five-year investigation ...

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Carillion scandal highlights lack of ‘real competitors’ in UK audit
Audit

Carillion scandal highlights lack of ‘real competitors’ in UK audit

1y Sam Alberti

Carillion scandal highlights lack of ‘real competi...

KPMG's settlement of the £1.3bn legal claim highlights longstanding weaknesses in the audit sector, experts say Read More...

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The NMCN collapse and pending legal investigations – lessons for accountants
Business

The NMCN collapse and pending legal investigations – lessons for accountant...

2y Helen Young and Nishma Chudasa...

The NMCN collapse and pending legal investigations...

As businesses in all sectors face a turbulent economic period ahead, the compliance bar for accountants is high when insolvency is on the horizon – NM...

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An update on KPMG’s Carillion and Regenersis misconduct
Big Four

An update on KPMG’s Carillion and Regenersis misconduct

2y Andrew Pavlovic

An update on KPMG’s Carillion and Regenersis misco...

CM Murray’s Andrew Pavlovic shares insights on KPMG’s tribunal hearing, shedding light on the regulatory implications for the firm and individuals inv...

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Getting control over business expenditure
Corporate Finance

Getting control over business expenditure

5y Ian Smith

Getting control over business expenditure

With Accounts Payable fraud on the rise Ian Smith, Finance Director and GM at Invu, looks at whether technology can save businesses from a brewing cri...

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From Carillion to Interserve: the construction sector struggle
Insolvency

From Carillion to Interserve: the construction sector struggle

5y Emanuela Hawker , Reporter

From Carillion to Interserve: the construction sec...

The current climate is proving to be difficult for the construction sector to navigate Read More...

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Has the audit process improved since Carillion? No, say company secretaries
Audit

Has the audit process improved since Carillion? No, say company secretaries

5y Beth McLoughlin

Has the audit process improved since Carillion? No...

More than half of company secretaries surveyed by ICSA, the Government Institute and recruitment specialist said the industry has learned little from ...

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Update on Carillion: FRC continue investigating KPMG for 2014-17 audits of construction company
Audit

Update on Carillion: FRC continue investigating KPMG for 2014-17 audits of ...

5y Idris Nagri

Update on Carillion: FRC continue investigating KP...

The investigation into Carillion's collapse continue on with a renewed focus on KPMG's audits of the construction business Read More...

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The state of audit in accountancy
Audit

The state of audit in accountancy

5y Idris Nagri

The state of audit in accountancy

It's time! After another year of financial scandals, Accountancy Age are taking the plunge and writing a feature on audit in accountancy. Please take ...

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Carillion collapse: CMA, audit, and construction
Audit

Carillion collapse: CMA, audit, and construction

5y Emanuela Hawker , Reporter

Carillion collapse: CMA, audit, and construction

Although the CMA report has highlighted changes that need to be made in the audit sector (as pointed out by Duff & Phelps), MHA MacIntyre Hudson has e...

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BDO to merge with Moore Stephens
Company News

BDO to merge with Moore Stephens

5y Beth McLoughlin

BDO to merge with Moore Stephens

The company will become the largest outside of the Big Four with new merger Read More...

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Fall in bank lending to SME construction business
Insolvency

Fall in bank lending to SME construction business

5y Emanuela Hawker , Reporter

Fall in bank lending to SME construction business

Following on from the Carillion collapse, SMEs continue to face the brunt of it as bank lending falls by another 7% this year Read More...

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New FRC Corporate Governance Code focuses on culture and diversity
Audit

New FRC Corporate Governance Code focuses on culture and diversity

6y Idris Nagri

New FRC Corporate Governance Code focuses on cultu...

The FRC's new Corporate Governance Code promotes trust, transparency and integrity in business in the face of the recent call for audit reforms Read M...

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Auditors ‘in the dock’ over Carillion as report calls for Big Four break-up
Audit

Auditors ‘in the dock’ over Carillion as report calls for Big Four break-up

6y Idris Nagri

Auditors ‘in the dock’ over Carillion as report ca...

Inquiry report is scathing of Carillion directors and auditors and calls for the audit market to be referred to the Competition and Markets Authority ...

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