Audit
New audit watchdog set to go after non-accountant directors
Government to press ahead with plan to hold top staff at firms accountable as Arga finally gets nearer
EY overhauls sector focus in post-Project Everest client push
Big Four firm reorganises sector groupings to better service clients
3 min read
BDO partner pay jumps 12% to £681,000
Average profits at the accountancy firm rebound after major investment
1 min read
Railpen’s Caroline Escott: Up your audit game, or we might divest
The Railways Pension Scheme wants to use its £34bn in assets to improve audits – it could pull money, vote against directors and more
5 min read
Audit firms scramble for top talent as students favour consultancy
Amid fierce competition for talent, major accountancy firms are casting their nets wider in order to entice school leavers and graduates to consider careers in the less glamorous world of audit
7 min read
EY Germany banned from new audits for two years over Wirecard scandal
EY audited Wirecard for more than a decade before its collapse
2 min read
Audit regulator unfairly dismissed ‘exhausted and stressed’ employee, tribunal finds
The FRC treated a stressed manager unfairly, an employment hearing has decided
3 min read
PwC set for court showdown over £63m ‘leak’ claim
An ex-PwC partner is alleged to have leaked confidential information about the firm’s client to an M&A banker
3 min read
EY split: How the consulting and audit giant reached a landmark plan to separate
How the Big Four accountancy firm’s historic split talks progressed
2 min read
EY partners get top-secret briefing on firm break-up at Hyde Park hotel
EY UK partners gathered last month at the five-star Royal Lancaster hotel for a sales pitch on the firm’s multi-billion dollar split
5 min read
SEC’s Gensler slams sluggish pace of audit reform
The chair of the US securities regulator also urged audit firms to review and enhance their independence protocols with respect to their auditing and consulting practices
3 min read
EY audit quality slides ahead of potential split
Regulator finds more than a third of audits require improvement
EY partners set for windfall amid breakup plans
A proposal to split auditing and consulting relies on optimistic growth targets
EY to invest $1bn in ‘next generation’ audit tech amid break-up talks
‘It’s really important that we do this for the quality of service,’ Big Four firm says
PwC fined £8m over Kier Group and Galliford Try audits
PwC admonished by regulator for construction company audit failures
Mazars pulls out of Russia over Ukraine invasion
Donald Trump’s former accountancy firm quits Russia over Ukraine invasion
1 min read
SEC set to probe auditors’ fastest-growing businesses
Potential conflicts of interest increase as profits from nonaudit work soar
5 min read
KPMG ties up with VC adviser Acceleris as it embarks on investment spree
Big Four firm joins forces with venture capital adviser to target tech, life sciences and ESG sectors
2 min read
KPMG fined £1.25m over Revolution Bars audit failures
Ex-KPMG director Michael Neil Frankish was fined £50,000, reduced to £35,000
3 min read
KPMG’s £1.3bn headache: Five things you need to know about the mammoth Carillion claim
Five takeaways from a landmark claim against KPMG
7 min read