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

4y 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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PwC hit with multi-million pound sanctions over BT audits
Big Four

PwC hit with multi-million pound sanctions over BT audits

4y Rebecca Whittaker

PwC hit with multi-million pound sanctions over BT...

The accounting regulator also handed partner Richard Hughes a £42,000 fine Read More...

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Audit firms asked to address exam cheating following Big Four scandals
Accounting Firms

Audit firms asked to address exam cheating following Big Four scandals

4y Rebecca Whittaker

Audit firms asked to address exam cheating followi...

The FRC intervention to prevent cheating in the UK follows huge fines issued to firms in the US, Australia, and Canada Read More...

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Reflections on the continuing absence of audit reform
Audit

Reflections on the continuing absence of audit reform

4y Stephen Baker

Reflections on the continuing absence of audit ref...

The government has promised a new dawn for audit reform. Stephen Baker, senior partner at Baker & Partners, asks whether it will it be another false d...

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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

4y 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

4y 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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Head of FRC says managed shared audit might not be possible
Audit

Head of FRC says managed shared audit might not be possible

5y Tom Lemmon

Head of FRC says managed shared audit might not be...

Proposals on auditing the UK’s largest firms lack sufficient stakeholder support, says Financial Reporting Council CEO Sir Jon Thompson Read More...

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‘Tick-box’ fears over FRC’s revised auditing standard on fraud
Audit

‘Tick-box’ fears over FRC’s revised auditing standard on fraud

5y Tom Lemmon

‘Tick-box’ fears over FRC’s revised auditing stand...

FRC’s revised ISA (UK) 240 standard draws mixed response Read More...

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FRC launches investigation into Lookers audit
Big Four

FRC launches investigation into Lookers audit

5y Aoife Morgan

FRC launches investigation into Lookers audit

Regulatory body has launched an investigation into Deloitte’s auditing practices for the years ending 2017 and 2018 Read More...

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Sir Martin Sorrell: Reforms contradict policy
Audit

Sir Martin Sorrell: Reforms contradict policy

5y Tom Lemmon

Sir Martin Sorrell: Reforms contradict policy

Former CEO of FTSE 100 company WPP concerned reforms may discourage listing in the UK Read More...

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‘Once in a generation’ audit reforms published
Accounting Firms

‘Once in a generation’ audit reforms published

5y Tom Lemmon

‘Once in a generation’ audit reforms published

Breaking news and reaction as BEIS publish consultation white paper outlining steps for audit and corporate governance reform Read More...

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Big Four “jumping before they’re pushed” ahead of audit reforms
Audit

Big Four “jumping before they’re pushed” ahead of audit reforms

5y Aoife Morgan

Big Four “jumping before they’re pushed” ahead of ...

KPMG UK confirms sale of restructuring arm to HIG Capital in £400m deal Read More...

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Audit reforms will be published ‘shortly’ says government
Audit

Audit reforms will be published ‘shortly’ says government

5y Tom Lemmon

Audit reforms will be published ‘shortly’ says gov...

Industry fears delay after reports that Downing St was blocking publication Read More...

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Budget 2021: Pandemic could trigger a review of UK tax policy
Big Four

Budget 2021: Pandemic could trigger a review of UK tax policy

5y Amanda Tickel

Budget 2021: Pandemic could trigger a review of UK...

Timing is everything when it comes to tax rises says Amanda Tickel, Deloitte’s new head of tax policy Read More...

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KPMG UK assembles most diverse board in its 150-year history
Big Four

KPMG UK assembles most diverse board in its 150-year history

5y Aoife Morgan

KPMG UK assembles most diverse board in its 150-ye...

The Big Four firm has assembled the most diverse board of directors in its 150-year history following the departure of its former chairman and senior ...

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Audit reforms must not descend into ‘checklist’ exercise
Audit

Audit reforms must not descend into ‘checklist’ exercise

5y Tom Lemmon

Audit reforms must not descend into ‘checklist’ ex...

Government must be wary of following Sarbanes-Oxley pitfalls, says Engine B’s head of audit Read More...

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Mazars global head: Audit reforms having little impact
Accounting Firms

Mazars global head: Audit reforms having little impact

5y Tom Lemmon

Mazars global head: Audit reforms having little im...

Auditors outside of the Big Four yet to step into FTSE 100 market Read More...

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KPMG chief economist: Negative interest rates ‘unlikely’ but government support key
Big Four

KPMG chief economist: Negative interest rates ‘unlikely’ but government sup...

5y Tom Lemmon

KPMG chief economist: Negative interest rates ‘unl...

ACCA adds that “fear indices” are still unusually high Read More...

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Video: Tech no ‘silver bullet’ for audit
Audit

Video: Tech no ‘silver bullet’ for audit

5y Tom Lemmon

Video: Tech no ‘silver bullet’ for audit

Audit technology will be a valuable tool but can’t singlehandedly prevent further scandals Read More...

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Report: Auditors brace for “imminent” proposals
Audit

Report: Auditors brace for “imminent” proposals

6y Tom Lemmon

Report: Auditors brace for “imminent” proposals

BEIS’s initial recommendations and consultations on audit reform expected to be made public before Christmas with full implementation in 2023 Read Mor...

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Industry divided over SEC auditor independence reforms
Audit

Industry divided over SEC auditor independence reforms

6y Tom Lemmon

Industry divided over SEC auditor independence ref...

The US Securities and Exchange Commission (SEC)’s reforms to the Auditor Independence Framework have exposed deep divisions in the sector over where t...

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Deloitte partners face £19m insolvency lawsuit
Big Four

Deloitte partners face £19m insolvency lawsuit

6y Tom Lemmon

Deloitte partners face £19m insolvency lawsuit

Relationship between insolvency practitioners and banks under spotlight again Read More...

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Auditors must “stop pretending” it’s not their job to catch fraud
Audit

Auditors must “stop pretending” it’s not their job to catch fraud

6y Tom Lemmon

Auditors must “stop pretending” it’s not their job...

President and founder of audit tech company Confirmation calls on auditors to get serious about catching fraud Read More...

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BEIS committee MP calls for patience over audit reform
Audit

BEIS committee MP calls for patience over audit reform

6y Tom Lemmon

BEIS committee MP calls for patience over audit re...

Conservative MP “wouldn’t read into” failure of government to bring legislation forward since the Brydon report was published Read More...

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FRC urges government to implement audit reform
Audit

FRC urges government to implement audit reform

6y Tom Lemmon

FRC urges government to implement audit reform

Principles for operational separation of audit were released yesterday by the FRC, but new legislation is needed for next steps Read More...

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Audit shake-up a good 'first step'
Audit

Audit shake-up a good 'first step'

6y Tom Lemmon

Audit shake-up a good 'first step'

FRC has announced plans for the ‘operational separation’ of audit practices Read More...

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EY’s Wirecard audit exposes potential fraud
Audit

EY’s Wirecard audit exposes potential fraud

6y Shannon Moyer

EY’s Wirecard audit exposes potential fraud

After a series of audits by EY and a special audit by KPMG, nearly €1.9bn remains unaccounted for Read More...

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