Big Four dominate FTSE 250 audit market in Q1 rankings
Audit

Big Four dominate FTSE 250 audit market in Q1 rankings

8y Accountancy Age

Big Four dominate FTSE 250 audit market in Q1 rank...

Auditor rankings reveal that 241 of FTSE 250 companies are audited by Big Four firms Read More...

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Deloitte to pay $149.5m over Taylor, Bean & Whitaker audit failure
Audit

Deloitte to pay $149.5m over Taylor, Bean & Whitaker audit failure

8y Accountancy Age

Deloitte to pay $149.5m over Taylor, Bean & Wh...

The Justice Department said Deloitte failed to detect a multi-million-dollar fraud scheme that spanned six years Read More...

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Carillion inquiry: missed red flags, aggressive accounting and the pension deficit
Audit

Carillion inquiry: missed red flags, aggressive accounting and the pension ...

8y Accountancy Age

Carillion inquiry: missed red flags, aggressive ac...

In a series of meetings the joint parliamentary committee grilled Carillion directors, pension regulators and KPMG and Deloitte auditors on accounting...

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Finance and the tech foundation: how auditing can serve a more strategic purpose
Technology

Finance and the tech foundation: how auditing can serve a more strategic pu...

8y Workday | Sponsored

Finance and the tech foundation: how auditing can ...

Traditionally, auditing has mostly focused on evaluating the past and ensuring compliance but now the role is evolving to serve a more strategic purpo...

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Deloitte’s audits of Hezbollah-linked bank to be examined by Dubai court
Audit

Deloitte’s audits of Hezbollah-linked bank to be examined by Dubai court

8y Accountancy Age

Deloitte’s audits of Hezbollah-linked bank to be e...

In a landmark ruling, a Dubai judge said the court will hear whether Deloitte Middle East was negligent as auditor of the Lebanese Canadian Bank Read ...

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Shareholders bring lawsuit against Steinhoff and Deloitte
Audit

Shareholders bring lawsuit against Steinhoff and Deloitte

8y Accountancy Age

Shareholders bring lawsuit against Steinhoff and D...

Law firm BarentsKrans has commenced legal proceedings against Steinhoff and its auditor Deloitte on behalf of aggrieved shareholders of the retail com...

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Carillion collapse: FRC to investigate KPMG over audit work
Audit

Carillion collapse: FRC to investigate KPMG over audit work

8y Accountancy Age

Carillion collapse: FRC to investigate KPMG over a...

The FRCs investigation will determine whether KPMG breached any relevant requirements, particularly the ethical and technical standards for auditors R...

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Former KPMG partners charged over PCAOB data leaks
Audit

Former KPMG partners charged over PCAOB data leaks

8y Accountancy Age

Former KPMG partners charged over PCAOB data leaks

Former PCAOB employees allegedly leaked confidential data to KPMG to help it pass audit inspections Read More...

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PwC slapped with 2 year audit ban in India
Audit

PwC slapped with 2 year audit ban in India

8y Accountancy Age

PwC slapped with 2 year audit ban in India

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...

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Julie Adams, Managing Partner, Menzies
People In Practice

Julie Adams, Managing Partner, Menzies

8y Accountancy Age

Julie Adams, Managing Partner, Menzies

With over 30 years of experience, Adams has taken Menzies through a period of incredible growth Read More...

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Carillion: PwC appointed as special managers – what happens now?
Business Recovery

Carillion: PwC appointed as special managers – what happens now?

8y Accountancy Age

Carillion: PwC appointed as special managers – wha...

Carillion has collapsed and PwC partners have been appointed as special managers by the High Court. What happens now? Read More...

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PwC found negligent by US judge over Colonial Bank's $2bn fraud
Audit

PwC found negligent by US judge over Colonial Bank's $2bn fraud

8y Accountancy Age

PwC found negligent by US judge over Colonial Bank...

A 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...

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Deloitte South Africa investigated over Steinhoff audits
Audit

Deloitte South Africa investigated over Steinhoff audits

8y Accountancy Age

Deloitte South Africa investigated over Steinhoff ...

The uncovering of accounting irregularities led to Steinhoff's share prices plummeting by 80% Read More...

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Top 5 audit fines of 2017
Audit

Top 5 audit fines of 2017

8y Accountancy Age

Top 5 audit fines of 2017

This 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...

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haysmacintyre makes two new hires in audit team
People In Practice

haysmacintyre makes two new hires in audit team

9y Accountancy Age

haysmacintyre makes two new hires in audit team

Top 30 firm haysmacintyre has hired two new managers as part of its plans for further growth Read More...

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PwC replaces EY as Domino's auditor
Audit

PwC replaces EY as Domino's auditor

9y Accountancy Age

PwC replaces EY as Domino's auditor

EY will continue to audit the pizza group until the financial year ending 30 December 2018 Read More...

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The ‘uncomfortable truth’ behind FRC’s Big Four fines recommendations
Audit

The ‘uncomfortable truth’ behind FRC’s Big Four fines recommendations

9y Carl Johnson

The ‘uncomfortable truth’ behind FRC’s Big Four fi...

Could large fines for the Big Four even the playing field for smaller firms? Read More...

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BDO holds off Big Four to retain top position as AIM auditor
Audit

BDO holds off Big Four to retain top position as AIM auditor

9y Accountancy Age

BDO holds off Big Four to retain top position as A...

Rankings have mostly held firm, with PwC's clients generally having the highest market cap Read More...

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EY to audit Standard Chartered bank
Audit

EY to audit Standard Chartered bank

9y Accountancy Age

EY to audit Standard Chartered bank

EY will replace KPMG, who have audited Standard Chartered since 1970 Read More...

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KPMG replaces PwC as Croda auditor
Accounting Firms

KPMG replaces PwC as Croda auditor

9y Accountancy Age

KPMG replaces PwC as Croda auditor

KPMG 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...

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KPMG rocked by South African corruption scandal
Audit

KPMG rocked by South African corruption scandal

9y Accountancy Age

KPMG rocked by South African corruption scandal

KPMG’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...

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BDO replaces Deloitte as Mitie auditor
Audit

BDO replaces Deloitte as Mitie auditor

9y Accountancy Age

BDO replaces Deloitte as Mitie auditor

The change in auditor comes after Mitie conducted a competitive tender process, which had been announced in the company’s 2017 Annual Report and Accou...

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PwC to audit BBC pay policies following gender pay gap outrage
Accounting Firms

PwC to audit BBC pay policies following gender pay gap outrage

9y Accountancy Age

PwC to audit BBC pay policies following gender pay...

PwC and law firm Eversheds will conduct an audit of the BBC’s pay policies, particularly looking at the gender pay gap Read More...

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PwC to take over from Deloitte as Diploma auditor
Accounting Firms

PwC to take over from Deloitte as Diploma auditor

9y Accountancy Age

PwC to take over from Deloitte as Diploma auditor

Diploma decided to undergo an audit tender process as Deloitte is approaching its 10 year anniversary as group auditor Read More...

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Deloitte rises in auditor rankings with most FTSE 250 clients
Accounting Firms

Deloitte rises in auditor rankings with most FTSE 250 clients

9y Accountancy Age

Deloitte rises in auditor rankings with most FTSE ...

Deloitte has taken on nine new FTSE 250 audits and surpassed PwC to take the top spot of most FTSE 250 clients Read More...

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Latest Big Four auditor changes
Audit

Latest Big Four auditor changes

9y Accountancy Age

Latest Big Four auditor changes

Rounding up the latest Big Four auditor appointments and swaps, including BHP Billiton, Paypoint & Cranswick Read More...

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PwC fined a record £5.1m by the FRC over RSM Tenon audit
Audit

PwC fined a record £5.1m by the FRC over RSM Tenon audit

9y Accountancy Age

PwC fined a record £5.1m by the FRC over RSM Tenon...

PwC and partner Nicholas Boden have been severely reprimanded and fined over admitted misconduct relating to RSM Tenon audit Read More...

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