KPMG reveals combined deal advisory and consulting practice

Accounting Firms KPMG reveals combined deal advisory and consulting practice

5m Greg Noble

KPMG reveals combined deal advisory and consulting...

The recent advisory cuts at KPMG will affect around 110 staff members in the UK Read More...

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KPMG handed record fine over audit failures in Carillion demise

Audit KPMG handed record fine over audit failures in Carillion demise

5m 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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KPMG and PwC sanctioned by FRC for Eddie Stobart audits

Accounting Firms KPMG and PwC sanctioned by FRC for Eddie Stobart audits

9m Greg Noble

KPMG and PwC sanctioned by FRC for Eddie Stobart a...

After cooperating with the inquiry, the firms and partners received a reduction in fines Read More...

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KPMG sanctioned for ‘rudimentary’ failings over The Works audit

Audit KPMG sanctioned for ‘rudimentary’ failings over The Works audit

11m Greg Noble

KPMG sanctioned for ‘rudimentary’ failings over Th...

The FRC has said the admitted failings were "rudimentary and should not have occurred" Read More...

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Q&A: KPMG UK on its Stonewall-approved D&I strategy

Kpmg Q&A: KPMG UK on its Stonewall-approved D&I strategy

1y Sam Alberti

Q&A: KPMG UK on its Stonewall-approved D&I strateg...

Jenny Baskerville, KPMG’s UK head of IDE, outlines the strategy that’s helped the firm beat the odds Read More...

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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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Q&A: KPMG head of tax policy discusses ‘levelling up’ and Truss’ tax cuts

Big Four Q&A: KPMG head of tax policy discusses ‘levelling up’ and Truss’ tax cuts

2y Rebecca Whittaker

Q&A: KPMG head of tax policy discusses ‘levelling ...

Head of tax at KPMG UK says devolution needs to be considered as a component of leveling up Read More...

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KPMG hit with £4.5m fine over Rolls-Royce bribery scandal

Audit KPMG hit with £4.5m fine over Rolls-Royce bribery scandal

2y Sam Alberti

KPMG hit with £4.5m fine over Rolls-Royce bribery ...

The big four auditor is being penalised for “conspiracy to corrupt and a failure to prevent bribery” Read More...

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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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Regulator hits KPMG with £3m fine for “serious” audit misconduct

Accounting Firms Regulator hits KPMG with £3m fine for “serious” audit misconduct

2y Sam Alberti

Regulator hits KPMG with £3m fine for “serious” au...

The sanctions relate to the firm’s audit of Conviviality PLC between 2017 and 2018 Read More...

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Q&A: KPMG senior partner James Kergon

Accounting Firms Q&A: KPMG senior partner James Kergon

3y Sam Alberti

Q&A: KPMG senior partner James Kergon

Accountancy Age spoke with KPMG senior partner for Scotland James Kergon, who outlined his background and the key goals for his tenure Read More...

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KPMG, PwC's Eddie Stobart audits under FRC investigation

Audit KPMG, PwC's Eddie Stobart audits under FRC investigation

4y Shannon Moyer

KPMG, PwC's Eddie Stobart audits under FRC investi...

Audits for Eddie Stobart’s 2017 and 2018 accounts found errors dating back several years Read More...

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Reports suggest Big Four, BDO and Grant Thornton discuss furlough behind closed doors

Big Four Reports suggest Big Four, BDO and Grant Thornton discuss furlough behind closed doors

4y Shannon Moyer

Reports suggest Big Four, BDO and Grant Thornton d...

Top six UK accounting firms met virtually in a meeting organised by the ICAEW to discuss the potential hit their reputations would take if they utilis...

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FRC fines KPMG £700,000 for poor audit

Audit FRC fines KPMG £700,000 for poor audit

4y Tom Lemmon

FRC fines KPMG £700,000 for poor audit

The FRC has fined KPMG UK £700,000 and reprimanded KPMG UK’s former senior partner for Manchester, Nicola Quayle for a “failure to apply sufficient pr...

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People Moves: RSM, KPMG, BHP and more

People Business People Moves: RSM, KPMG, BHP and more

4y Shannon Moyer

People Moves: RSM, KPMG, BHP and more

This week’s round-up features an ex-Barclays leader joining KPMG, a founder stepping down from his role at Milsted Langdon, and several promotions and...

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Deloitte pursues KPMG over audit of Goals Soccer Centres

Audit Deloitte pursues KPMG over audit of Goals Soccer Centres

4y Chris Jewers

Deloitte pursues KPMG over audit of Goals Soccer C...

Investigations into accounting fraud at Goals has involved HMRC, the FCA, BDO, RSM, Deloitte and could see KPMG on the wrong end of legal action, acco...

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People Moves: EY, KPMG UK, UHY and more

People Business People Moves: EY, KPMG UK, UHY and more

4y Shannon Moyer

People Moves: EY, KPMG UK, UHY and more

Throughout the UK, firms are bolstering their workforce and welcoming new talent—from shake-ups at the Big Four, to ten trainees receiving their prof...

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Brydon Report: Industry reacts to findings and audit recommendations

Accounting Firms Brydon Report: Industry reacts to findings and audit recommendations

4y Chris Jewers

Brydon Report: Industry reacts to findings and aud...

Following the release of the Brydon report, in which Sir Donald Brydon has made 64 recommendations on how to improve the troubled UK audit industry, A...

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KPMG announces drop in profits, but shows signs of positive audit investments

Audit KPMG announces drop in profits, but shows signs of positive audit investments

4y Chris Jewers

KPMG announces drop in profits, but shows signs of...

The Big Four firm has announced a drop in profits amid rumours that as many as 65 partners could quite the firm. Read More...

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KPMG partner cull – between a rock and a hard place?

Accounting Firms KPMG partner cull – between a rock and a hard place?

4y Tom Lemmon

KPMG partner cull – between a rock and a hard plac...

In recent weeks, rumours around the Big Four firm potentially culling a significant number of UK partners have swirled, with the Financial Times repor...

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PwC review finds M&C Saatchi accounting errors totalling £11.6m

Big Four PwC review finds M&C Saatchi accounting errors totalling £11.6m

4y Shannon Moyer

PwC review finds M&C Saatchi accounting errors tot...

Advertising agency M&C Saatchi has taken a £11.6m hit following an internal review by PwC, doubling the original £6.4m loss the company announced in A...

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KPMG to manage Thomas Cook liquidation

Professional Services KPMG to manage Thomas Cook liquidation

5y Chris Jewers

KPMG to manage Thomas Cook liquidation

KPMG will manage the liquidation of the more than 550 Thomas Cook high-street branches across the UK, while AlixPartners has been appointed to liquida...

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The Big Four commit to disability inclusion with The Valuable 500

Big Four The Big Four commit to disability inclusion with The Valuable 500

5y Shannon Moyer

The Big Four commit to disability inclusion with T...

The inclusion campaign is aimed at large companies, requiring the commitment of a chair or chief executive officer, to put disability inclusion at the...

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Two partners who quit KPMG over bullying launch own firm

Company News Two partners who quit KPMG over bullying launch own firm

5y Chris Jewers

Two partners who quit KPMG over bullying launch ow...

Maggie Brereton and Ina Kjaer have registered Eos Deal Advisory, naming their firm after the Greek goddess of the dawn, with a plan to break from mach...

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Audit news round-up - Deloitte top of the world, PCAOB finds audits lacking

Audit Audit news round-up - Deloitte top of the world, PCAOB finds audits lacking

5y Chris Jewers

Audit news round-up - Deloitte top of the world, P...

A round-up of the key audit news in the last week, commencing from the 26th August 2019. Read More...

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Value of Fraud Cases reaching UK Courts decreased in H1 2019

Security Value of Fraud Cases reaching UK Courts decreased in H1 2019

5y Chris Jewers

Value of Fraud Cases reaching UK Courts decreased ...

Roy Waligora, KPMG UK head of investigations said: “We are noting a worrying move from criminals simply hacking as a means to an end to being industri...

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Audit news round-up

Audit Audit news round-up

5y Chris Jewers

Audit news round-up

It has been a busy week for the large accountancy firms, which has seen Grant Thornton quitting Sports Direct leaving the retail giant in audit-limbo,...

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