The ban follows PwC’s failure to detect fraud over $1bn at Satyam Computer Services in one of the country’s largest corporate scandals Read More...
View articleA US federal judge has said that the firm failed to respond to red flags and will now consider whether PwC should be liable for damages Read More...
View articleThe uncovering of accounting irregularities led to Steinhoff's share prices plummeting by 80% Read More...
View articleThis year has seen the FRC cracking down on audit misconduct, handing out a series of record fines to the Big Four firms. Here are some of the biggest...
View articleEY will continue to audit the pizza group until the financial year ending 30 December 2018 Read More...
View articleCould large fines for the Big Four even the playing field for smaller firms? Read More...
View articleRankings have mostly held firm, with PwC's clients generally having the highest market cap Read More...
View articleAn independent review suggested fines of £10m or over would be appropriate in instances of “seriously poor” audit work Read More...
View articleEY will replace KPMG, who have audited Standard Chartered since 1970 Read More...
View articleKPMG will take on audit responsibilities from 1 January 2018, with shareholders due to vote on the firm’s appointment in April next year at Croda’s An...
View articleThe firm admitted misconduct in three areas in relation to the audit of the financial statements of Tech Data Limited for financial year ending 31 Jan...
View articleIn both tables, PwC leads the way with total UK tax fee income of £822m and audit and accounting fee income of £1.24bn Read More...
View articleThe accountancy watchdog said the investigation was dropped as there was not a 'realistic prospect that a tribunal would make an adverse finding again...
View articleKPMG’s South African branch has come under fire after becoming caught up in a growing corruption scandal surrounding one of the country’s most influen...
View articleThe change in auditor comes after Mitie conducted a competitive tender process, which had been announced in the company’s 2017 Annual Report and Accou...
View articleKPMG ‘did not fall significantly short of the standards reasonably to be expected of the audit’, according to the FRC, but the Treasury Committee has ...
View articlePwC and law firm Eversheds will conduct an audit of the BBC’s pay policies, particularly looking at the gender pay gap Read More...
View articleDiploma decided to undergo an audit tender process as Deloitte is approaching its 10 year anniversary as group auditor Read More...
View articleDeloitte has taken on nine new FTSE 250 audits and surpassed PwC to take the top spot of most FTSE 250 clients Read More...
View articleRounding up the latest Big Four auditor appointments and swaps, including BHP Billiton, Paypoint & Cranswick Read More...
View articlePwC and partner Nicholas Boden have been severely reprimanded and fined over admitted misconduct relating to RSM Tenon audit Read More...
View articleKPMG issued an unqualified report of Miller Energy’s financial statements, despite the fact that the company grossly overstated the value of certain a...
View articlePwC has signed off on Toshiba’s accounts, ending a period of uncertainty during which the auditor withheld its opinion on the tech giant’s financial s...
View articleFayez Choudhury, CEO of IFAC, looks at the updated Code of Ethics for Professional Accountants, NOCLAR, and how auditor responsibilities are changing ...
View articleThe US-based watchdog levied this fine following PwC’s failure to observe rules relating to customer protection when auditing Merrill-Lynch Read More...
View articleWhile BDO tops the list of total AIM clients, PwC triumphs when looking at the aggregate client market-cap Read More...
View articleThe FRC has launched an investigation into Deloitte’s auditing of FTSE 250 company Mitie’s accounts for the full years 2015 – 2016 Read More...
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