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Latest News - Financial Results

KPMG UK fined over audit work

  • Author: Joe Pickard
  • Published: 20 Aug 2018

The UK’s Financial Reporting Council (FRC) has fined KPMG UK and senior statutory auditor and audit engagement partner Michael Francis Barradell.... read more

Audit inspection reveals deficiencies in PwC Sweden

  • Published: 17 Aug 2018

A report released by the Public Company Accounting Oversight Board (PCAOB) highlights finding from an investigation into PwC Sweden. The results of.... read more

FRC questions advisory work role in audit independence

  • Author: Joe Pickard
  • Published: 15 Aug 2018

The independence and objectivity of PwC’s audit of British Home Stores (BHS) parent Taveta Group may have been compromised by the level of advisory.... read more

EY set to spend $1bn in new tech

  • Published: 14 Aug 2018

EY plans to invest $1bn on funding new services across technology tools, client services and the EY ‘ecosystem’.. read more

PwC slammed in leaked FRC report

  • Author: Joe Pickard
  • Published: 13 Aug 2018

The former PwC partner in charge of British Home Stores (BHS) audits, Steve Denison, only spent two hours on audits before the company was sold in.... read more

Baker Tilly to merge with RGL Forensics

  • Author: Joe Pickard
  • Published: 10 Aug 2018

Baker Tilly Virchow Krausse, Baker Tilly’s US member firm, is set to merge with RGL Forensics, a financial investigations firm, with an effective.... read more

KPMG takes number one spot in the Top 100 Internship Programs 2018

  • Published: 9 Aug 2018

KPMG has been voted as the top company for internships in the US in the WayUp Top 100 Internship Programs 2018 table.. read more

IRBA claims ‘encouraging signs’ from mandatory audit rotation

  • Published: 7 Aug 2018

Since the South African Independent Regulatory Board for Auditors (IRBA) began tracking audit firm rotations in January 2017, a total of 12% of.... read more

IAPA begins recruiting law firms

  • Published: 3 Aug 2018

Association IAPA International has begun recruiting law firms, with an initial wave of firms from Romania, Ireland and Turkey.. read more

BDO USA revenue doubles in five years

  • Published: 1 Aug 2018

BDO USA has reported a year-on-year revenue growth for the fiscal year ending June 30, 2018 of 4.2%.. read more

AICPA recruits Grant Thornton partner for Assurance Services Executive Committee

  • Published: 1 Aug 2018

The American Institute of CPAs (AICPA) has recruited Jim Burton as chair of its Assurance Services Executive Committee (ASEC). Burton is Grant.... read more

Deloitte and Blue Prism form alliance

  • Published: 1 Aug 2018

Deloitte has formed an alliance with Blue Prism, a robotic process automation (RPA) vendor, to bring RPA services to its clients.. read more

KPMG Australia acquires customer experience consultancy

  • Published: 30 Jul 2018

KMPG Australia has acquired U Don’t Know Us (UDKU), a customer experience consultancy.. read more

FRC shows Big Four domination of FTSE 250 audit market

  • Author: Joe Pickard
  • Published: 25 Jul 2018

Only seven of the UK’s FTSE 250 companies are audited by non-Big Four firms according to research conducted by the UK’s Financial Reporting Council.... read more

Possible collaboration between leading rival firms

  • Author: Joe Pickard
  • Published: 25 Jul 2018

The Big Four and mid-tier firms have been holding meetings at the Institute of Chartered Accountants in England and Wales (ICAEW) to avoid an.... read more

Slow progress for women in the accountancy profession

  • Author: Joe Pickard
  • Published: 24 Jul 2018

Women in finance and accounting take on average seven more years than their male counterparts to reach executive level, according to research.... read more

Big Four firms appoint risk mangers

  • Author: Joe Pickard
  • Published: 23 Jul 2018

KPMG UK has appointed Mary O’Conner as the firm’s chief risk officer to oversee its risk management framework, including quality and risk.... read more

Report claims PRA looking at KPMG UK viability

  • Author: Joe Pickard
  • Published: 20 Jul 2018

The Bank of England’s (BoE) Prudential Regulation Authority (PRA) has reportedly probed the strength of KPMG’s UK business following a succession.... read more

BDO South Africa to add Grant Thornton Johannesburg

  • Author: Jonathan Minter
  • Published: 18 Jul 2018

BDO South Africa has said it is looking to challenge the dominance of the Big Four in South Africa, as it prepares to add Grant Thornton.... read more

Deloitte to launch Deloitte Asia Pacific

  • Published: 17 Jul 2018

Deloitte will be joining its firms in Australia, China, Japan, New Zealand and Southeast Asia in an alliance to create Deloitte Asia Pacific.. read more

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