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Grant Thornton US to pay $100m in damages over tax shelter

  • Author: Joe Pickard
  • Published: 17 Dec 2018

Grant Thornton US has been ordered to pay $100m in damages after selling a tax shelter to clients which allowed funds held in Cayman Island-based.... read more

Deloitte names next North West Europe and UK CEO

  • Published: 17 Dec 2018

Deloitte has named Richard Houston as the next senior partner and chief executive of Deloitte North West Europe (NWE) and UK.. read more

Russell Bedford growth tops 18% for 2018

  • Published: 14 Dec 2018

Network Russell Bedford’s fee income almost reached $0.5bn in 2018, an 18.2% growth year-on-year.. read more

CMA expected to call for market cap as Labour pushes for Big Four break up

  • Author: Joe Pickard
  • Published: 14 Dec 2018

The Labour party has suggested the Big Four should be broken up on the recommendation of a report it commissioned, as Sky News leaks that the.... read more

KPMG posts 7.1% global growth

  • Published: 13 Dec 2018

2018 was the year KPMG’s advisory practise grew larger than its audit practise. $11.47bn was recorded from advisory, an increase of 9.9%, which.... read more

KPMG South Africa chairman asks for second chance in letter of apology

  • Author: Joe Pickard
  • Published: 11 Dec 2018

KPMG South Africa executive chairman Wiseman Nkuhlu has asked for patience in an open letter to South African citizens acknowledging the firms.... read more

EY, KPMG and PwC reveal partner removals following Deloitte revelations

  • Published: 11 Dec 2018

Updated with additional EY information: PwC UK and KPMG UK have told the IAB that they have dismissed five and seven partners respectively over.... read more

BDO sees profit in uncertainty, with double digit revenue growth

  • Author: Joe Pickard
  • Published: 11 Dec 2018

BDO registered 10.7% year-on-year growth for the year ended 30 September 2018, as revenues jumped to US$8.99bn for the period.
Headcount broke.... read more

Deloitte fires 20 UK partners over ‘inappropriate behaviour’

  • Published: 10 Dec 2018

Deloitte UK’s CEO has revealed the firm has fired around 20 UK partners over the past four years on the grounds of inappropriate behaviour in an.... read more

‘Disappointing’ results for Grant Thornton UK see’s partner pay drop

  • Published: 10 Dec 2018

Grant Thornton UK CEO Dave Dunckley has described the firm’s financial performance for FY2017/18 as ‘disappointing’, after a fall in revenue to.... read more

RSM launches RSM Canada Alliance

  • Author: Joe Pickard
  • Published: 7 Dec 2018

RSM has launched its RSM Canada Alliance which will allow members to access the network’s global resources while still remaining independent.. read more

KPMG UK records highest growth in a decade

  • Author: Joe Pickard
  • Published: 5 Dec 2018

KPMG UK’s revenues increased by 8% from £2,172m ($2,766m) to £2,338m for the FY ended 30 September 2018. Its underlying profit increased by 18%.... read more

KPMG South Africa to donate Gupta fees

  • Author: Joe Pickard
  • Published: 5 Dec 2018

KPMG South Africa is distributing the R47m ($3.4m) it received in fees from Gupta-related entities to civil society organisations promoting ethical.... read more

Glassdoor best places to work rankings show a lack of accounting firms

  • Published: 5 Dec 2018

Accounting firms made a poor showing in Glassdoor’s ‘Best Places to Work’ rankings for 2019, with only one firm making it into the list in the UK.... read more

Group taxation in Hungary: brand new opportunities for domestic companies

  • Published: 4 Dec 2018

In principle, every Hungarian domestic taxpayer has to pay its own corporate income tax. However, thanks to the increasing worldwide tax.... read more

EY global chairman and CEO to stand down

  • Author: Joe Pickard
  • Published: 4 Dec 2018

EY’s global chairman and CEO Mark Weinberger is to step down on 1 July 2019, the start of the network’s FY 2020, after six years in the role.. read more

KPMG takes FTSE 100 audit lead

  • Published: 3 Dec 2018

KPMG became the largest auditor of FTSE 100 companies-judged by number of clients in Q4 - after it gained a single client in the period.. read more

Baker Tilly International rebrands

  • Published: 3 Dec 2018

Baker Tilly International has launched a new logo, visual identity and purpose – ‘Now for tomorrow’-as part of a rebrand of the Top Ten network.. read more

Judge rules out class discrimination suit against KPMG

  • Published: 3 Dec 2018

A US judge has ruled against Donna Kassman and number of other plaintiffs who were attempting to bring about a class action suit for gender.... read more

Deloitte enters Bangladesh

  • Published: 3 Dec 2018

Deloitte has entered Bangladesh with the acquisition of Nurul Faruk Hasan & Co (NFH) and Business Consulting Services (BCS).. read more


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