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Latest News - Big Four

Mysterious research firm has a go at EY's audit of commodity trading firm and IFRS rules

  • Author: Isabella Grotto
  • Published: 19 Feb 2015

The little-known research company, Iceberg Research, made headlines this week with a so called independent report and research into the alleged.... read more

KPMG strengthens UK cyber security practice

  • Author: Isabella Grotto
  • Published: 17 Feb 2015

KPMG UK has strengthened its UK cyber security and business resilience practices through the appointment of Ken Hall as partner and Curtis Baron as.... read more

Big Four tax competition awards bestowed on university students

  • Author: Isabella Grotto
  • Published: 16 Feb 2015

PwC UK has split the top prize for its student tax reform competition, awarding each of the two winners, Richard Cha and Jamie Parker £10,000.... read more

Deloitte appoints new global CEO

  • Author: IAB
  • Published: 16 Feb 2015

Punit Renjen has been appointed Deloitte Global new CEO, effective 1 June 2015. He is Deloitte US chairman of the board.. read more

EY launches assurance scholarship

  • Author: Isabella Grotto
  • Published: 11 Feb 2015

EY UK has launched a "earn as you learn" scholarship in partnership with the universities of Bath, Lancaster and Warwick, aimed at students.... read more

Deloitte US appoints first female Big Four CEO

  • Author: Isabella Grotto
  • Published: 9 Feb 2015

Deloitte US has named Cathy Engelbert chief executive officer, marking the first Big Four appointment of a woman leader in the country.. read more

CPA condemns PwC UK for enabling "industrial scale" tax avoidance

  • Author: Isabella Grotto
  • Published: 6 Feb 2015

The UK Parliament's Committee of Public Accounts (CPA) has condemned PwC UK for "the promotion of tax avoidance on an industrial scale", urging.... read more

PwC forensic audit takes centre stage in Nigeria’s general election

  • Author: Vincent Huck
  • Published: 4 Feb 2015

PwC has submitted its forensic audit report into billions of dollars of allegedly missing oil revenues by the Nigerian National Petroleum.... read more

FRC fines KPMG £390,000 over ethical standards breaches

  • Author: Isabella Grotto
  • Published: 3 Feb 2015

The UK's Financial Reporting Council (FRC) has imposed fines on KPMG UK totalling £390,000 in relation to two separate cases of ethical standards.... read more

Deloitte UK re-elects David Sproul as chief executive

  • Author: Isabella Grotto
  • Published: 2 Feb 2015

Deloitte UK's partners have re-elected David Sproul for a second term as senior partner and chief executive officer.. read more

FRC Deloitte appeal successful due to ICAEW code of ethics "lack of clarity"

  • Author: Isabella Grotto
  • Published: 30 Jan 2015

The FRC has overturned several findings of misconduct against Deloitte in the case of the Big Four firm's role as an advisor to failed British car.... read more

IAB World Survey: Deloitte holds on to top spot for second year running

  • Author: Isabella Grotto
  • Published: 30 Jan 2015

Deloitte has retained its position as the largest accounting network in the world for a second year running, the first time it has been able to do.... read more

Effectiveness of audit committees challenged by audit reforms

  • Author: Vincent Huck
  • Published: 26 Jan 2015

Audit committees from around the world are calling for better information around technology and greater diversity of thinking amongst committee.... read more

Grant Thornton US appoints new CFO

  • Author: IAB
  • Published: 21 Jan 2015

Grant Thornton US has appointed Billy Moore, a former partner at EY, as chief financial officer, effective 1 august.. read more

Deloitte subject to formal complaint by FRC over Aero scandal

  • Author: Isabella Grotto
  • Published: 12 Jan 2015

The UK's Financial Reporting Council (FRC) has filed a formal complaint against Deloitte UK in relation to the audit of Aero Inventory, an aviation.... read more

KPMG US gender suit opt-ins rise to 900

  • Author: Isabella Grotto
  • Published: 9 Jan 2015

The number of current and former KPMG US employees opting into the collective action offer as part of an ongoing gender-discrimination suit has.... read more

FRC launces second investigation into PwC UK this week

  • Author: Isabella Grotto
  • Published: 23 Dec 2014

The UK's Financial Reporting Council (FRC) has launched an investigation into the conduct of PwC UK as auditor to Barclays Bank.. read more

FRC to investigate PwC UK over Tesco accounting blunder

  • Author: Isabella Grotto
  • Published: 22 Dec 2014

The UK's Financial Reporting Council (FRC) has launched an investigation into the work of PwC as external auditor to Tesco, as the accounting.... read more

KPMG UK revenues up 5% but profits are down

  • Author: Vincent Huck
  • Published: 18 Dec 2014

KPMG UK has reported revenues of £1,874m ($2.9bn) in the year to 30 September 2014, up 5%, while profits before tax have dropped by 9% and average.... read more

US and Chinese regulatory standoff continues

  • Author: Vincent Huck
  • Published: 17 Dec 2014

The US Security and Exchange Commission (SEC) has again granted an extension order to the court hearings on the six months ban prohibiting Big Four.... read more

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