This decision marks a strategic shift from the previous leadership's direction, aiming to strengthen the PwC tax brand and realign with traditional in...
View articleKPMG's faces record fine for a widespread exam cheating scandal, implicating senior staff and highlighting systemic ethical issues in the professional...
View articleThe Bank of England has appointed Ernst and Young LLP (EY) as its external auditor from the financial year ending 28 February 2025. Read More...
View articlePwC's Australia tax scandal has led to significant changes, including over 300 job cuts and the refusal to share a crucial report with Australian parl...
View articleDeloitte is restructuring to cut costs and streamline operations in response to a potential market slowdown. The overhaul will consolidate business un...
View articleThe tool, Ask Blue J, will revolutionize tax research, allowing KPMG to predict tax outcomes and ask detailed tax-related questions. Read More...
View articleFollowing a profitability review, Deloitte has decided to scale back its UK deals business due to lower returns. This strategic shift could lead to jo...
View articlePwC Cambridge launched a new digital accelerator – a 12-week Innovation Programme supported by Multinational Corporations collaborating with tec...
View articleThe tax AI assistant tool cross references and has been trained on case law, legislation and other underlying sources, together with PwC UK’s own IP R...
View articlePwC's decision to delay promotions in its graduate scheme, affecting around 100 graduates, is a response to reduced client demand and the aftermath of...
View articleEY has been undergoing significant cost-cutting measures and streamlining its operations since the abandonment of Project Everest. The firm has made t...
View articleMid-market firms experience largest percentage increase in fee income in 2023, as consultancy services start to become leading income streams for the ...
View articleOn January 27, it was reported EY had quit as auditor to Asda amid one of its senior partners starting a romantic relationship with billionaire chief ...
View articleAccountancy Age unpacks PwC's 2023 annual report, with a focus on profits, people, investments and technology. Read More...
View articleThe Big Four audit firms earned 98% of FTSE 350 audit fees in 2022, despite efforts to increase competition within the market Read More...
View articleSchool leavers and graduates will be able to advance up to a £1000 of their first month’s salary Read More...
View articleThe involvement of EY and PwC in this case raises questions about their responsibility and oversight Read More...
View articleEY has implemented artificial intelligence (AI) in its audit processes, leading to the detection of fraudulent activities. Out of the first 10 compani...
View articleFintech giant considers dropping BDO following audit report in order to obtain clean bill of health from PRA Read More...
View articleCelebrating excellence in the accounting profession, Accountancy Age's Top 50+50 2023 spotlights the top accountancy firms in the UK. Brought to...
View articleThe recent advisory cuts at KPMG will affect around 110 staff members in the UK Read More...
View articleThe recent redundancies at KPMG will affect around 110 staff members in the UK Read More...
View articleMinisters had committed to overhauling the audit and corporate governance systems in response to scandals at companies like retailer BHS in 2016 and P...
View articleThe FRC has overseen a major uptick in audit enforcement activity recently, with the regulator issuing fines of £33.3m in 2022, a 77% increase from th...
View articleThe ERP system has evolved from being the finance data house to a tool that can power more business decision-making Read More...
View articleThis month saw a series of appointments and promotions from the industry's mid-tier firm Read More...
View articleAfter cooperating with the inquiry, the firms and partners received a reduction in fines Read More...
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