KPMG has been fined £1.25m by the Financial Reporting Council (FRC) over serious breaches of audit independence rules during its 2021 audit of farm an...
View articleP&O Ferries, the Dover-Calais operator owned by Dubai-based DP World, is facing new hurdles as it navigates ongoing financial and operational diff...
View articleKPMG is set to merge dozens of its national affiliates in a sweeping overhaul of its global structure, aiming to boost growth and improve audit qualit...
View articleAs UK audit firms reshuffle their client portfolios, the latest Corporate Advisers Rankings Guide (CARG) for Q1 2025 highlights shifting competitive d...
View articleAzets has agreed to acquire part of KPMG Sweden’s business, marking a strategic move into the country’s audit and advisory market. The deal will see A...
View articleThe recent advisory cuts at KPMG will affect around 110 staff members in the UK Read More...
View articleKPMG was initially fined £30 million, but the penalty was subsequently decreased by 30% due to its cooperation throughout the five-year investigation ...
View articleAfter cooperating with the inquiry, the firms and partners received a reduction in fines Read More...
View articleThe FRC has said the admitted failings were "rudimentary and should not have occurred" Read More...
View articleJenny Baskerville, KPMG’s UK head of IDE, outlines the strategy that’s helped the firm beat the odds Read More...
View articleKPMG's settlement of the £1.3bn legal claim highlights longstanding weaknesses in the audit sector, experts say Read More...
View articleHead of tax at KPMG UK says devolution needs to be considered as a component of leveling up Read More...
View articleThe big four auditor is being penalised for “conspiracy to corrupt and a failure to prevent bribery” Read More...
View articleCM Murray’s Andrew Pavlovic shares insights on KPMG’s tribunal hearing, shedding light on the regulatory implications for the firm and individuals inv...
View articleThe sanctions relate to the firm’s audit of Conviviality PLC between 2017 and 2018 Read More...
View articleAccountancy Age spoke with KPMG senior partner for Scotland James Kergon, who outlined his background and the key goals for his tenure Read More...
View articleAudits for Eddie Stobart’s 2017 and 2018 accounts found errors dating back several years Read More...
View articleTop six UK accounting firms met virtually in a meeting organised by the ICAEW to discuss the potential hit their reputations would take if they utilis...
View articleThe FRC has fined KPMG UK £700,000 and reprimanded KPMG UK’s former senior partner for Manchester, Nicola Quayle for a “failure to apply sufficient pr...
View articleThis week’s round-up features an ex-Barclays leader joining KPMG, a founder stepping down from his role at Milsted Langdon, and several promotions and...
View articleInvestigations into accounting fraud at Goals has involved HMRC, the FCA, BDO, RSM, Deloitte and could see KPMG on the wrong end of legal action, acco...
View articleThroughout the UK, firms are bolstering their workforce and welcoming new talent—from shake-ups at the Big Four, to ten trainees receiving their prof...
View articleFollowing the release of the Brydon report, in which Sir Donald Brydon has made 64 recommendations on how to improve the troubled UK audit industry, A...
View articleThe Big Four firm has announced a drop in profits amid rumours that as many as 65 partners could quite the firm. Read More...
View articleIn recent weeks, rumours around the Big Four firm potentially culling a significant number of UK partners have swirled, with the Financial Times repor...
View articleAdvertising agency M&C Saatchi has taken a £11.6m hit following an internal review by PwC, doubling the original £6.4m loss the company announced in A...
View articleKPMG will manage the liquidation of the more than 550 Thomas Cook high-street branches across the UK, while AlixPartners has been appointed to liquida...
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