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Latest News - Big Four

UK FRC closes investigation into PwC’s Berkeley audit

  • Author: IAB
  • Published: 12 Jun 2014

The UK Financial Reporting Council (FRC) has closed its investigation into PwC UK’s conduct in the audit of UK house builder Berkeley Group.... read more

PwC US appoints 180 partners

  • Author: IAB
  • Published: 10 Jun 2014

PwC US has appointed 180 partners across all service lines of its partnership.. read more

Deloitte UK appoints 65 partners and promises staff investment

  • Author: Vincent Huck
  • Published: 10 Jun 2014

Deloitte UK has announced its largest number of partner promotions in 10 years with the appointments of 65 new partners, effective on 1 June.. read more

UK FRC issues guidance for strategic reports

  • Author: Vincent Huck
  • Published: 9 Jun 2014

The UK Financial Reporting Council (FRC) has published guidance on the strategic report as the first of a series of initiatives to promote clear.... read more

KPMG UK appoints investment management director

  • Author: IAB
  • Published: 6 Jun 2014

KPMG UK has appointed Julie Patterson as European investment management practice director, effective at the end of the summer.. read more

Grant Thornton Philippines merger with Deloitte falls through

  • Author: IAB
  • Published: 5 Jun 2014

Grant Thornton International is to retain its Philippines member firm Punongbayan & Araullo, after it emerged that the proposed merger between the.... read more

KPMG Portugal acquires IT consulting business

  • Author: Vincent Huck
  • Published: 4 Jun 2014

KPMG Portugal has announced the planned acquisition of business process management technology provider SAFIRA Consultadoria em Imformatica (SAFIRA).. read more

Big Four China firms in settlement talks with SEC

  • Author: Vincent Huck
  • Published: 3 Jun 2014

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

KPMG US acquires US audit and advisory firm Rothstein Kass

  • Author: Vincent Huck
  • Published: 2 Jun 2014

KPMG US has acquired audit, tax and advisory firm Rothstein Kass and as a result becomes the largest audit firm in the hedge fund market, the Big.... read more

IASB and FASB issue converged standard on revenue recognition

  • Author: Vincent Huck
  • Published: 28 May 2014

The International Accounting Standards Board (IASB) and the Financial Accounting Standards Board (FASB) have issued a converged standard on the.... read more

KPMG continues data and analytics expansion

  • Author: IAB
  • Published: 28 May 2014

KPMG International has launched KPMG Insights Labs, a virtual research and development center with locations in the UK, the US and India, which.... read more

FRC audit inspection continue to expose reoccurring threats

  • Author: Ana Gyorkos
  • Published: 28 May 2014

The inspection of UK firm audits has shown that there are still persistent concerns over auditor independence, fees, IT systems and audits of banks.... read more

EY compelled by court to handover audit work to Hong Kong’s regulator

  • Author: Carlos Martin Tornero
  • Published: 23 May 2014

Hong Kong’s Court of First Instance has ruled today EY should handover the audit work of former China-based client Standard Waters to the.... read more

Analysis: Big Four on the lookout for Africa’s boom

  • Author: Vincent Huck
  • Published: 21 May 2014

Politically more stable with greater resource management by its elite, Africa is experiencing one of the fastest growths on the planet, which.... read more

Chinese regulators look to ban foreign auditors

  • Author: Vincent Huck
  • Published: 19 May 2014

The Chinese regulators have opened a consultation on proposed rules to ban foreign auditors from auditing mainland Chinese companies, local media.... read more

Analysis: Alibaba flotation throws lifeline in US-China rift

  • Author: Isabella Grotto
  • Published: 14 May 2014

Excitement is mounting for Chinese-based e-commerce giant Alibaba’s listing in New York later this year. As the regulatory audit oversight.... read more

KPMG Netherlands chairman resigns amidst mounting media pressure

  • Author: Carlos Martin Tornero
  • Published: 13 May 2014

KPMG Netherlands chairman Jurgen van Breukelen has resigned in an attempt to restore trust in the troubled Dutch Big Four firm, recently tarnished.... read more

Big Four win right to petition for review on Chinese firms ban

  • Author: Carlos Martin Tornero
  • Published: 12 May 2014

The US Securities and Exchange Commission (SEC) has granted the petition for review issued by the Big Four, whereby the accounting firms aim to.... read more

KPMG UK makes senior leadership appointments

  • Author: Vincent Huck
  • Published: 9 May 2014

KPMG UK has appointed Richard Gostling as head of sectors, effective 12 May.. read more

Analysis: Bischoff backs Big Four as he takes FRC role

  • Author: Ana Gyorkos
  • Published: 8 May 2014

Almost five years after the UK government first started talking about the lack of competition in the UK statutory audit market, the new UK.... read more

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