Latest News
UK accountants’ salaries broadly flat
Research by specialist recruiter Randstad Financial Services has revealed that salaries for accountants in the UK were broadly flat compared to.... read more
Brenda Trenowden CBE joins PWC as partner
Brenda Trenowden CBE, Global Chair of the 30% Club, has joined PWC UK as a partner in its people consulting practice and her new role will include.... read more
HMRC targets CFOs and FDs, fines 152
HMRC is increasingly targeting C-suite executives as part of its efforts to hold individuals at large businesses to account, with 152 CFOs and.... read more
TCFD sees encouraging progress on climate-related financial disclosure
The industry-led Task Force on Climate-related Financial Disclosures (TCFD) has published its second Status Report, providing an overview of the.... read more
EU adopts new rules on business insolvency
The EU is giving reputable bankrupt entrepreneurs a second chance, and making it easier for viable enterprises in financial difficulties to access.... read more
Grant Thornton to sell wealth adviser to 1825 – reports
Grant Thornton is reported to be about to sell its wealth management arm for around £30m ($38.2m) to Standard Life Aberdeen’s financial advisory.... read more
FTI Consulting links with ADIGEO to enhance liability services
FTI Consulting’s Forensic Accounting & Advisory Services practice within the Forensic & Litigation Consulting segment has entered into an.... read more
New ICAEW President to be ‘ambassador for inclusion’
The ICAEW’s new President for 2019/20, Fiona Wilkinson, will use her role to be an ambassador for inclusion in accountancy and to ensure the.... read more
Deloitte acquires intellectual property firm ClearViewIP
Deloitte has acquired ClearViewIP, a UK-based global intellectual property (IP) consulting and transaction advisory firm for an undisclosed sum..... read more
EY resigns as auditor to Bank of Jinzhou
In a statement to the Hong Kong Stock Exchange, China’s Bank of Jinzhou announced that EY firm Ernst & Young Hua Ming Certified Public Accountants.... read more
Bipartisan bill aims to ban US-listed Chinese firms without full audit reports
In a bipartisan, bicameral move, US Senators Marco Rubio (R-FL), Bob Menendez (D-NJ), Tom Cotton (R-AR) and Kirsten Gillibrand (D-NY) have.... read more
Grant Thornton given leave to appeal AssetCo ruling
Grant Thornton (GT) has been give leave by the UK Court of Appeal to appeal against certain aspects of the judgement handed down by Mr. Justice.... read more
Ignatius Sehoole takes up the reins at KPMG South Africa
Ignatius Sehoole has taken up his role as Chief Executive Officer of KPMG South Africa. He is an experienced leader in the accounting profession,.... read more
Ruchi Bhowmik to lead EY Global Public Policy
EY has appointmed Ruchi Bhowmik as incoming EY Global Vice Chair – Public Policy, effective from 8 July 2019. Bhowmik will oversee EY public policy.... read more
UK law firms under threat from accountancy practices
UK law firms are now under ‘sustained attack’ from accountancy firms and alternative service providers who can offer legal services in a more.... read more
Acting Director Patricia Ledesma to leave PCAOB
The US Public Company Accounting Oversight Board (PCAOB) has announced that Patricia Ledesma, Acting Director and Chief Economist, Research and.... read more
PWC UK to hire 500, invest £30m a year in audit practice
PwC UK is introducing a package of measures aimed at boosting the quality of its audits. The firm has announced that it will be investing an.... read more
KPMG’s head of UK deal advisory business steps down
Sanjay Thakkar, head of deal advisory at KPMG UK has taken a leave of absence. The news that he has stepped down follows press reports just a few.... read more
Reserve Bank of India bars SR Batliboi & Co for one year
The Reserve Bank of India (RBI), the country’s central bank, has issued a statement saying that it will not approve EY member firm SR Batliboi & Co.... read more
Wanted - Chair for new UK Accounting Standards Endorsement Board
The UK Department of Business, Energy and Industrial Strategy is seeking to appoint a Chair of the new United Kingdom Accounting Standards.... read more
