KPMG secures Discover Leisure CVA
Business Recovery

KPMG secures Discover Leisure CVA

16y David Jetuah

KPMG secures Discover Leisure CVA

Restructuring expert applauds creditors' approval of a company voluntary arrangement, but warns there is more fallout to come in the retail sector Rea...

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Wyman: auditors should help FSA to avert future meltdowns
Audit

Wyman: auditors should help FSA to avert future meltdowns

16y Nick Huber

Wyman: auditors should help FSA to avert future me...

By facilitating regular meetings with FSA, large audit firms can help banks avoid future meltdowns says one of the profession’s most senior figures. ...

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Bottom falls out of bankruptcy market
Business Recovery

Bottom falls out of bankruptcy market

16y Rachael Singh

Bottom falls out of bankruptcy market

No incentive for practitioners to continue taking on personal bankruptcies despite a rise in the number of people becoming insolvent Read More...

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KPMG resorts to redundancies
Corporate Tax

KPMG resorts to redundancies

16y Accountancy Age

KPMG resorts to redundancies

UK tax practice hardest hit Read More

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KPMG to cut UK jobs
Corporate Tax

KPMG to cut UK jobs

16y Nick Huber

KPMG to cut UK jobs

Hundreds of jobs are expected to go in the Big Four firm's tax department despite the introduction of a four-day week earlier this year Read More...

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KPMG issues going concern warning on Liverpool FC
Audit

KPMG issues going concern warning on Liverpool FC

16y Accountancy Age

KPMG issues going concern warning on Liverpool FC

Football club's parent company suffered a £42.6m loss last year Read More...

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KPMG ‘told me I was ****ed’ admits chef Ramsay
Business Recovery

KPMG ‘told me I was ****ed’ admits chef Ramsay

16y Paul Grant

KPMG ‘told me I was ****ed’ admits chef Ramsay

Big Four firm advised Gordon Ramsay Holdings to go into administration after ill-fated global expansion Read More...

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Discover Leisure going for CVA
Company News

Discover Leisure going for CVA

16y David Jetuah

Discover Leisure going for CVA

KPMG says troubled caravan retailer will propose Company Voluntary Arrangement to avoid collapse Read More...

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KPMG makes 'going concern' warning over Dawson Holdings
Audit

KPMG makes 'going concern' warning over Dawson Holdings

16y Accountancy Age

KPMG makes 'going concern' warning over Dawson Hol...

Auditor warns of 'material uncertainty' over the future of the newspaper and magazine distribution Read More...

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Alchemy chief: markets risk turmoil without liability cap
Audit

Alchemy chief: markets risk turmoil without liability cap

16y David Jetuah

Alchemy chief: markets risk turmoil without liabil...

Head of private equity giant Alchemy warns that companies may be forced to accept liability caps, as Big Four’s audit domination means the market cou...

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Superpowers need firms' help on cross-border investment
Audit

Superpowers need firms' help on cross-border investment

16y David Jetuah

Superpowers need firms' help on cross-border inves...

Robert Kimmitt, former deputy secretary at the US Treasury urges close interaction between Deloitte and the other leading accounting firms if problem...

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'Bank auditors need greater protection'
Audit

'Bank auditors need greater protection'

16y Nick Huber

'Bank auditors need greater protection'

Any increase in auditors’ responsibility should happen alongside reform of UK liability protection for audit firms says KPMG UK audit chief Read More...

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KPMG behind Government's new credit insurance scheme
Company News

KPMG behind Government's new credit insurance scheme

16y Accountancy Age

KPMG behind Government's new credit insurance sche...

Scheme to prevent suppliers tightening payment terms Read More...

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Greencore unhappy with auditors PwC in Ireland
Audit

Greencore unhappy with auditors PwC in Ireland

16y Accountancy Age

Greencore unhappy with auditors PwC in Ireland

Sandwich company unhappy that auditors PwC allegedly failed to spot €21m fraud Read More...

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Future of the Big Four: three is the magic number
Company News

Future of the Big Four: three is the magic number

16y Accountancy Age

Future of the Big Four: three is the magic number

The landscape of the Big Four could soon change Read More...

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Lenders push for profits from insolvency
Business Recovery

Lenders push for profits from insolvency

16y Accountancy Age

Lenders push for profits from insolvency

Hedge fund investors could trigger wave of bankruptcies as economy deteriorates, experts warn Read More...

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Insolvencies skyrocket again
Business Recovery

Insolvencies skyrocket again

16y David Jetuah

Insolvencies skyrocket again

Liquidations rocket 56%, receiverships, administrations and CVAs collectively surge by 43.6% and 29,774 people go bankrupt or set up IVAs Read More...

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KPMG predicts record bankruptcies
Business Recovery

KPMG predicts record bankruptcies

16y Accountancy Age

KPMG predicts record bankruptcies

150,000 will be insolvent in 2009 as figure keeps on rising Read More...

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99% of creditors greenlight JJB CVA
Business Recovery

99% of creditors greenlight JJB CVA

16y David Jetuah

99% of creditors greenlight JJB CVA

KPMG's Richard Fleming says 'ground-breaking' CVA, which protected 12,000 jobs, shows innovative approach can ensure companies continue to trade Read...

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KPMG survey: IT audit highlights company vulnerability
Technology

KPMG survey: IT audit highlights company vulnerability

16y Rachael Singh

KPMG survey: IT audit highlights company vulnerabi...

Survey shows 'disconnect' between internal and external auditors when it comes to technology Read More...

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KPMG accountant beats up lawyer
People Business

KPMG accountant beats up lawyer

16y Kevin Reed , Writer

KPMG accountant beats up lawyer

KPMG accountant just made redundant fights Freshfields lawyer in pub Read More...

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E&Y asks China staff to take low-pay leave
Audit

E&Y asks China staff to take low-pay leave

16y Accountancy Age

E&Y asks China staff to take low-pay leave

Staff at the Big Four firm can take 40 days of low-pay leave between July 2009 and June 2010, on 20% of the salary Read More...

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KPMG wants simpler tax system in Budget
Corporate Tax

KPMG wants simpler tax system in Budget

16y Accountancy Age

KPMG wants simpler tax system in Budget

Focus should be on improving UK's attractiveness for business Read More...

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KPMG chases Dunfermline pension fund
Business Recovery

KPMG chases Dunfermline pension fund

16y Accountancy Age

KPMG chases Dunfermline pension fund

PPF should not have to step in Read More...

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KPMG's tax department implements four day week
Accounting Firms

KPMG's tax department implements four day week

16y Rachael Singh

KPMG's tax department implements four day week

KPMG's tax division is the first to go ahead with the voted for reduced working week Read More...

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New debt option gives relief to insolvency practitioners
Personal Tax

New debt option gives relief to insolvency practitioners

16y Rachael Singh

New debt option gives relief to insolvency practit...

Debt Relief Orders welcomed by insolvency practitioners by could see insolvency statistics spike Read More...

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KPMG International faces $1bn lawsuit over New Century audit
Accounting Firms

KPMG International faces $1bn lawsuit over New Century audit

16y David Jetuah

KPMG International faces $1bn lawsuit over New Cen...

Global network of Big Four firm caught up in massive law suit as 'right to control' issues dog another leading firm Read More...

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