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Latest News - Financial Results

MGI Worldwide and CPAAI Merger flexes on international stage

  • Published: 6 Nov 2019

Having joined the Forum of Firms in January 1 2019 as a mid-tier network, MGI Worldwide would catapult itself into ranking 16th globally by fees.... read more

GMN International appoints global chairman

  • Published: 5 Nov 2019

GMN International has appointed Graeme Bursack as its global chairman.. read more

UK’s FRC: Auditors urgently need to improve their challenge of management

  • Author: Joe Pickard
  • Published: 5 Nov 2019

Audit quality is still not consistently reaching the necessary high standards expected, particularly when challenging management and performing.... read more

PCAOB Sanctions Deloitte Korea and BDO Mexico

  • Published: 1 Nov 2019

On 1 November 2019, the PCAOB announced the settlement of disciplinary proceedings against Deloitte Korea (Deloitte Anjin LLC) and two of its.... read more

Ross Howard fined by FRC in audit of Serco Geografix Ltd

  • Published: 29 Oct 2019

On 29 October 2019, The FRC (Financial Reporting Council) published the Settlement Agreement in respect of Misconduct admitted by Ross Howard in.... read more

IIA: UK Government must legislate to deliver audit regulator reform

  • Author: Joe Pickard
  • Published: 29 Oct 2019

The Chartered Institute of Internal Auditors (IIA) has called on the UK Government to find parliamentary time for audit regulator reform.. read more

RSM’s French firms merge

  • Author: Joe Pickard
  • Published: 29 Oct 2019

RSM International has merged its five French firms which will become a full legal entity as of July 2020.. read more

Number of audit firms in the UK and ROI decreases

  • Published: 28 Oct 2019

The number of audit firms registered to carry out statutory audit work in the UK and Republic of Ireland (ROI) fell by 4.7% in 2017/18, down from.... read more

BDO continues lead in total AIM client rankings

  • Published: 28 Oct 2019

BDO continues to extend the lead in total AIM ranking with a total net gain of five new clients this quarter, according to Adviser Rankings.. read more

UK’s FRC launches updated stewardship code

  • Author: Joe Pickard
  • Published: 24 Oct 2019

The UK’s Financial Reporting Council has launched a revision to the UK Stewardship Code. The new code raises expectations for how money is invested.... read more

KPMG UK in talks to sell pensions practice

  • Author: Joe Pickard
  • Published: 23 Oct 2019

KPMG UK has entered into exclusive talks to sell its pensions practice.. read more

Mazars study shows less than one in five trust UK audit system

  • Author: Joe Pickard
  • Published: 22 Oct 2019

A study commissioned by Mazars which canvassed public opinion on the UK economy and the audit industry found that just 17% of 2,000 respondents.... read more

UK’s FRC: accounting profession needs to lead by example on diversity

  • Author: Joe Pickard
  • Published: 21 Oct 2019

With the majority of partner level positions being held by white men, the audit and accountancy profession is lagging behind other businesses when.... read more

EY launches public finance blockchain to improve government transparency

  • Published: 18 Oct 2019

EY has launched a blockchain-enabled solution, EY OpsChain Public Finance Manager (PFM), designed to help governments improve their process for.... read more

Kingman expresses concern of ‘letting the FRC drift on’

  • Author: Joe Pickard
  • Published: 16 Oct 2019

Legal & General group chairman Jon Kingman, who led the review into the UK’s Financial Reporting Council (FRC), has expressed his concern to the.... read more

UK’s FRC fines jump to record high

  • Author: Joe Pickard
  • Published: 15 Oct 2019

Fines issued by the UK's Financial Reporting Council's (FRC) to audit firms increased by 44% year-on-year to £24.3m ($30.76m) for the year ended 30.... read more

UK Accountants risk their jobs over inappropriate behaviour at work

  • Published: 14 Oct 2019

Nearly 52.6% of accounting and finance employers have experienced inappropriate behaviour from their employees in the workplace, with 40% having to.... read more

RSM International appoints global chief innovation officer

  • Author: Joe Pickard
  • Published: 10 Oct 2019

RSM International has appointed Paul Herring as its first global chief innovation officer, who will join the global executive office, reporting.... read more

Moore Global appoints new chairman

  • Published: 8 Oct 2019

Andy Armanino has been appointed as chariman of Moore Global, following the resignation of Richard Moore who served as chair for 15 years.. read more

21% of JSE-listed companies have changed their auditors ahead of MAFR deadline

  • Published: 8 Oct 2019

With less than four years remaining until the effective date of Mandatory Audit Firm Rotation (MAFR) (1 April 2023) in South Africa, roughly 21% of.... read more

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