EY fined £4.9m for failing to meet standards in Thomas Cook audit
Audit

EY fined £4.9m for failing to meet standards in Thomas Cook audit

2d Marina Mouka

EY fined £4.9m for failing to meet standards in Th...

The Financial Reporting Council (FRC) has fined EY nearly £5m for “serious breaches of standards” in its audits of Thomas Cook’s financial statements ...

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Bishop Fleming reveals new round of promotions
Accounting Firms

Bishop Fleming reveals new round of promotions

3d Accountancy Age

Bishop Fleming reveals new round of promotions

Bishop Fleming, a leading UK-based audit, accountancy, tax, and advisory firm, has announced a significant round of promotions across its operations i...

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EY announces AI integration into global Assurance technology platform
AI in Accounting

EY announces AI integration into global Assurance technology platform

4d Accountancy Age

EY announces AI integration into global Assurance ...

EY has launched the next phase of its US$1 billion technology investment, introducing AI-powered capabilities to its global Assurance platform. This m...

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Forvis Mazars UK reports 15th consecutive year of growth
Accounting Firms

Forvis Mazars UK reports 15th consecutive year of growth

6d Accountancy Age

Forvis Mazars UK reports 15th consecutive year of ...

Forvis Mazars has posted its fifteenth consecutive year of growth in the UK, reporting revenue of £362.4m for the year ending 31 August 2024—a rise of...

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PwC fined £2.9m over audit failures at Gupta’s Wyelands Bank
Accounting Firms

PwC fined £2.9m over audit failures at Gupta’s Wyelands Bank

3w Marina Mouka

PwC fined £2.9m over audit failures at Gupta’s Wye...

The Financial Reporting Council (FRC) has fined PwC £2.9 million and issued a severe reprimand over “serious failings” in its 2019 audit of Wyelands B...

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EY and AuditBoard launch UK Centre of Excellence for risk and compliance
Accounting Firms

EY and AuditBoard launch UK Centre of Excellence for risk and compliance

3w Accountancy Age

EY and AuditBoard launch UK Centre of Excellence f...

AuditBoard has expanded its strategic alliance with EY, introducing a Centre of Excellence in the UK to support organisations as they modernise risk m...

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ICAEW and CIPFA call for broader climate disclosures to prevent greenwashing
Accounting Standards

ICAEW and CIPFA call for broader climate disclosures to prevent greenwashin...

3w Accountancy Age

ICAEW and CIPFA call for broader climate disclosur...

Accountancy bodies urge IPSASB to expand scope of public sector climate reporting Read More...

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PwC leads FTSE as PKF Littlejohn eyes top spot in AIM auditor rankings
Accounting Firms

PwC leads FTSE as PKF Littlejohn eyes top spot in AIM auditor rankings

1m Accountancy Age

PwC leads FTSE as PKF Littlejohn eyes top spot in ...

As UK audit firms reshuffle their client portfolios, the latest Corporate Advisers Rankings Guide (CARG) for Q1 2025 highlights shifting competitive d...

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Ethics in accounting: Can firms restore public trust?
Accounting Firms

Ethics in accounting: Can firms restore public trust?

3m Accountancy Age

Ethics in accounting: Can firms restore public tru...

Over the past five years, accounting firms have faced penalties exceeding $100 million globally for lapses tied to ethical breaches, according to a re...

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FRC warns of critical fault lines in NHS audit market
Audit

FRC warns of critical fault lines in NHS audit market

4m Accountancy Age

FRC warns of critical fault lines in NHS audit mar...

The Financial Reporting Council (FRC) has released initial findings from its ongoing examination of the NHS audit market, revealing significant obstac...

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Fee shuffle: Accountants tune into the market rhythm
Invoicing

Fee shuffle: Accountants tune into the market rhythm

1y Accountancy Age

Fee shuffle: Accountants tune into the market rhyt...

Explore how accountants master the art of communicating fee changes, balancing numbers with nuanced client relationships Read More...

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Embankment's bird of prey
Accounting Firms

Embankment's bird of prey

14y Taking Stock

Embankment's bird of prey

Kite flying taken to a whole new level Read More

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Francis Maude's Efficiency and Reform Group means business
Business Recovery

Francis Maude's Efficiency and Reform Group means business

14y Martin Williams

Francis Maude's Efficiency and Reform Group means ...

IN JULY last year, the coalition government made it clear that to save frontline public services it would look to save billions through a more profess...

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