The Financial Reporting Council faced serious criticism from shareholders, accountants, and fund managers following the accounting scandals of the las...
View articleThe offenders admitted breaching ethical standards and losing independence in the audits Read More...
View articleAccountancy Age discusses how the profession can help in the global fight against fraud and corruption with Russell Guthrie, CFO at the International ...
View articleThe Financial Reporting Council has called PwC's audits of the collapsed BHS "inaccurate, and misleading" Read More...
View articleAccountancy Age's Lucy Skoulding provides a roundup of all the key new stories in the accountancy industry from the month of July Read More...
View articleNew FRC data shows that audit fees across EY, Deloitte, KPMG, and PwC rose by nearly 6 percent in 2016/17 compared with a 2.7 percent rise the previou...
View articleJacques Wessels will be charged for inappropriate conduct and tax evasion after working on the books of businesses owned by the Gupta family Read More...
View articleBDO has continued its leading streak in auditing more Alternative Investment Market (AIM) companies than any other firm Read More...
View articleWillis Towers Watson’s miscalculation of the group’s pension deficit follows the recent accounting scandal which knocked £8bn off its stock market val...
View articleNearly half of the audit work for pensions valuations inspected by the watchdog this year was found to have problems Read More...
View articleMining company Gold Fields and mutual savings bank Finbond are the latest blow to the Big Four firm's audit clients Read More...
View articleAfter a string of high profile audit failings, including the collapse of Carillion, the FRC has been under increasing pressure from the government and...
View articleMatthew White will succeed Mark Bomer to continue improving international growth, the culture of partnership, and inclusion at the top ten firm Read M...
View articleThe conflict began when Arsenal stakeholder Lady Nina Bracewell-Smith filed a professional negligence claim against the Big Four and magic circle firm...
View articleThe FRC's new Corporate Governance Code promotes trust, transparency and integrity in business in the face of the recent call for audit reforms Read M...
View articleA US federal judge found that as auditor PwC was negligent and failed to detect £2bn fraud which spanned several years Read More...
View articleThe FRC is investigating KPMG over its 2017 audit of Conviviality, which went into administation in April after finding an unexpected tax bill of £30m...
View articleAccountancy Age's Alia Shoaib provides a roundup of all the key new stories in the accountancy industry from the month of June Read More...
View articleThe investigation comes months after shareholders voted to remove Deloitte as auditor in an unusual rebellion, and will focus on the audit of cash and...
View articleAccountancy Age's careers series outlines what a career in audit involves, the key skills you need, and who might be suited to it Read More...
View articleIn a damning email circulated to PwC partners, Kevin Ellis said Steve Denison spent only two hours on the audit and backdated his audit opinion Read M...
View articleThe report found that half of KPMG's audits needed more than limited improvements, and will now increase scrutiny on the firm's upcoming audit work Re...
View articleThe record fine comes after a two-year investigation into BHS’s 2014 audits, which PwC had signed off on just days before its sale for £1 Read More...
View articleThe firm admitted to two counts of misconduct and said that it "should have gone further" in challenging the scandal-ridden company's accounts Read Mo...
View articleThe FRC has brought disciplinary action against Deloitte auditors over their failure to adequately challenge issues with Autonomy’s accounts, which le...
View articleJobs in accountancy are ever-increasing across the UK, with firms currently having to use contractors or outsourcing to meet their needs Read More...
View articleInquiry report is scathing of Carillion directors and auditors and calls for the audit market to be referred to the Competition and Markets Authority ...
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