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Gupta auditor to face sanctions in South Africa

  • Author: Joe Pickard
  • Published: 18 Feb 2019

Former KPMG South Africa auditor Jacques Wessels is to face sanctions from South Africa’s Independent Regulatory Board for Auditors (IRBA) in.... read more

SEC fines Deloitte Japan $2m

  • Published: 14 Feb 2019

The US Securities and Exchange Commission (SEC) has fined Deloitte Touche Tohmatsu (Deloitte Japan) $2m to settle charges that it issued audit.... read more

EY creates Belgian umbrella in preparation for Brexit

  • Published: 13 Feb 2019

EY has created a legal entity in Belgium in order to enable its EU-licensed member firms to fully comply with the relevant requirements under the.... read more

Big Four investigated by Australian competition authority

  • Published: 13 Feb 2019

The Big Four are being probed by the Australian Competition & Consumer Commission (ACCC), over allegations of a lack of competition, according to.... read more

Deloitte warns audit market reform could make UK less attractive after Brexit

  • Author: Joe Pickard
  • Published: 8 Feb 2019

Deloitte has warned the UK’s Competition and Markets Authority (CMA) to be careful if it overhauls the statutory audit market, expressing fears.... read more

IECnet Member elected to the Transnational Auditors Committee of IFAC

  • Published: 8 Feb 2019

Frederic Borràs has been elected by member firms of the Forum of Firms (FoF) to become a member of the Transnational Auditors Committee (TAC) of.... read more

UK MPs call out FRC over audit augmentation

  • Published: 6 Feb 2019

MP Rachel Reeves expressed concerns about the failure of the Financial Reporting Council (FRC) to identify augmented audits, in its role as a.... read more

FRC blames corporate failures on lack of powers

  • Published: 5 Feb 2019

Stephen Haddrill, who is set to step down as the CEO of the Financial Reporting Council (FRC), argued that corporate failures under the regulator.... read more

BDO UK increases lead of overall AIM ranking for Q1 2019

  • Published: 5 Feb 2019

The overall AIM table is still lead by BDO, which has increased its advantage over KPMG and Grant Thornton with an additional 3 clients compared to.... read more

BDO and Moore Stephens completes merger in UK

  • Author: Joe Pickard
  • Published: 4 Feb 2019

BDO and Moore Stephens LLP have completed their merger in the UK, becoming one firm and operating under the BDO brand.. read more

Crowe Global reports record year

  • Author: Joe Pickard
  • Published: 1 Feb 2019

Crowe Global increased its revenues by 14% to $4.3bn in 2018 with strong performances across the board following a major brand consolidation in the.... read more

UK gov. sets ambitious sustainability reporting guidance for public sector

  • Published: 1 Feb 2019

The UK’s HM treasury has released guidance on sustainability reporting for the public sector in England, outlining minimum requirements and.... read more

PwC UK and EY UK to stop offering non-essential advisory work to audit clients

  • Author: Joe Pickard
  • Published: 31 Jan 2019

PwC and EY’s UK firms have made the move to stop offering advisory services to their FTSE 350 audit clients by the end of the year.. read more

Deloitte Malaysia fined over audit of 1MDB subsidiary

  • Published: 31 Jan 2019

Deloitte Malaysia has been fined RM2.2m ($537,275) for failing to report irregularities of companies related to the scandal-ridden development fund.... read more

Grant Thornton UK could re-enter FTSE 350 market again if joint audits are introduced

  • Author: Joe Pickard
  • Published: 30 Jan 2019

Grant Thornton UK CEO David Dunckley said Grant Thornton could start tendering for FTSE 350 clients again if joint audits are introduced to that.... read more

RSM grows 5.4% in 2018

  • Published: 30 Jan 2019

RSM International, the sixth largest network by revenue, reported $5.37bn in 2018, up 5.4% compared to 2017.. read more

KPMG UK: non-Big Four firms lack ability for joint audits

  • Author: Joe Pickard
  • Published: 29 Jan 2019

KPMG UK has said that it is unrealistic to expect, in the short to medium term, for a non-Big Four firm to have the ability to be involved in joint.... read more

PCAOB finds fault with KPMG US audits

  • Published: 28 Jan 2019

The US Public Company Accounting Oversight Board (PCAOB) found problems in half of the audits it inspected from KPMG US in 2017, as well as almost.... read more

Deloitte and KPMG under investigation for their involvement with 1MDB

  • Author: Joe Pickard
  • Published: 28 Jan 2019

Deloitte and KPMG are under investigation by the Malaysian Securities Commission for their involvement with the scandal-ridden 1MDB.. read more

EY expands in Dutch Caribbean

  • Published: 25 Jan 2019

EY has signed a conditional agreement to take over parts of the former KPMG Accountants and KPMG Advisory businesses in the Dutch Caribbean, (now.... read more


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