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KPMG fined £5m ($6.24m) over BNY Mellon audit, claims FT

  • Published: 24 Jul 2019

The Financial Times (FT) reports that KPMG is being fined £5m in regard to misconduct in work for custodian bank BNY Mellon.. read more

ACCA responds to Boris Johnson premiership

  • Published: 24 Jul 2019

ACCA is calling on new UK prime minister Boris Johnson to look at at the proposed salary threshold for international workers in a post-Brexit.... read more

UK to press ahead with plastic tax

  • Published: 24 Jul 2019

The UK government has published Plastic packaging tax: summary of responses to the consultation. In March 2018 it had launched a call for evidence.... read more

IFRS Foundation to publish stakeholder engagement register

  • Published: 24 Jul 2019

The IFRS Foundation will publish a register to provide a public record of the International Accounting Standard Board members’ engagement with.... read more

Mauritius ‘exposed’ as tax haven

  • Published: 24 Jul 2019

The International Consortium of Investigative Journalists (ICIJ) has published Mauritius Leaks online, a collaborative investigation by 54.... read more

Auditors decline to offer opinion on DHFL in India

  • Published: 23 Jul 2019

“We were not able to obtain sufficient appropriate audit evidence to provide a basis for an audit opinion on the statement,” said Deloitte Haskin &.... read more

Grant Thornton’s Wendy Morton-Huddleston appointed President-Elect of the Association of Government Accountants

  • Published: 23 Jul 2019

The Association of Government Accountants (AGA), the member organization for public sector financial management professionals in the US, has.... read more

UK cracks down on ‘misuse’ of Non-Disclosure Agreements

  • Published: 23 Jul 2019

New legislation is being proposed in the UK to tackle the misuse of Non-Disclosure Agreements (NDAs), also known as confidentiality clauses, in the.... read more

PKF Al-Bassam first ESAS audit firm in Saudi Arabia

  • Published: 23 Jul 2019

PKF Al-Bassam & Co has been approved by the Capital Market Authority (CMA) to carry out audits for ESAS [Entities Subject to the Authority's.... read more

UK insolvencies fall during Q2 2019

  • Published: 23 Jul 2019

Despite a number of high profile insolvencies hitting the headlines, analysis from KPMG has revealed that the number of companies entering into.... read more

MPs committee endorses appointment of Simon Dingemans to FRC

  • Published: 22 Jul 2019

The Business, Energy and Industrial Strategy (BEIS) Committee has backed the government’s preferred candidate for the post of chair of the.... read more

EY names 57 new equity partners in the UK

  • Published: 22 Jul 2019

EY has added 57 new equity partners in the UK/. This year’s new partner cohort contains 34% women (compared to 19% in 2018) and 22% black and.... read more

FASEA approves credits for CPA and CAANZ coursework

  • Published: 22 Jul 2019

The Australian Financial Adviser Standards and Ethics Authority (FASEA) has approved applications for the recognition of coursework to attain a.... read more

Almost a third of Europe’s businesses still not compliant with GDPR

  • Published: 22 Jul 2019

Almost a third (30%) of European businesses admit they are still not compliant with GDPR, according to a survey conducted by the European Business.... read more

SEC charges trio at engine manufacturer with accounting fraud

  • Published: 22 Jul 2019

The US Securities and Exchange Commission (SEC) has charged the former chief executive officer of a Chicago-area engine manufacturing company and.... read more

SEBI consultation on strengthening listed company audit in India

  • Published: 22 Jul 2019

The Securities and Exchange Board of India (SEBI) has issues a Consultative Paper on Policy Proposals with respect to Resignation of Statutory.... read more

Mazars welcomes consultation on CMA proposals

  • Published: 19 Jul 2019

Marking the launch of the eight-week consultation period for the Competition & Markets Authority (CMA) proposals on statutory audit, Mazars says it.... read more

BDO resigns as RCI Hospitality auditor

  • Published: 19 Jul 2019

RCI Hospitality Holdings has revealed that BDO USA had resigned as the company’s independent registered public accounting firm [auditor]. RCI has.... read more

Tribunal greenlights potential prosecution of Deloitte, BSR & Associates

  • Published: 19 Jul 2019

According to local media reports, the Indian National Company Law Tribunal has granted a petition by the Ministry of Corporate Affairs to ‘implead’.... read more

Malaysia to strengthen role of Auditor General

  • Published: 19 Jul 2019

The Malaysian Prime Minister Tun Dr Mahathir Mohamad has revealed plans to amend the country’s Audit Act 1957 following agreement from the Special.... read more


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