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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

Patisserie Valerie goes into administration following accounting fraud

  • Author: Joe Pickard
  • Published: 23 Jan 2019

Patisserie Valerie’s parent company, Patisserie Holdings, has fallen into administration as a direct result of a significant accounting fraud.... read more

BDO UK: joint audit model would increase bureaucracy

  • Author: Joe Pickard
  • Published: 22 Jan 2019

BDO UK has said introducing joint audits to the statutory audit market would increase bureaucracy and take years to implement properly, following.... read more

FRC: Don’t expect Carillion resolution until ‘well into 2019’

  • Author: Joe Pickard
  • Published: 22 Jan 2019

The UK’s Financial Reporting Council (FRC) has said it expects its investigation into KPMG for its work on Carillion to continue well into 2019.. read more

EY elect next global chairman and CEO

  • Author: Joe Pickard
  • Published: 21 Jan 2019

EY has elected Carmine Di Sibio as its next global chairman and CEO, effective 1 July 2019, succeeding Mark Weinberger.. read more

Patisserie Valerie could collapse following accounting shortfalls

  • Author: Joe Pickard
  • Published: 21 Jan 2019

UK café chain Patisserie Valerie could collapse in the next couple of days if emergency talks between major shareholder Luke Johnson and its.... read more

IAASA warns UK auditors of impacts of no-deal Brexit

  • Author: Joe Pickard
  • Published: 17 Jan 2019

The Irish Auditing and Accounting Supervisory Authority (IAASA) has written to the leading UK audit firms to give advice on preparations for a.... read more

Patisserie Valerie’s accounts misstatements ‘extensive’

  • Author: Joe Pickard
  • Published: 17 Jan 2019

Following the discovery of evidence for potential fraud in its accounts in October 2018, Patisserie Valerie has explained that the misstatement of.... read more

Nexia International reports record global revenues

  • Author: Joe Pickard
  • Published: 16 Jan 2019

Nexia International reported $4.02bn in global revenues in 2018, surpassing the $4bn mark for the first time.. read more

Mazars US sees 9% increase in revenues

  • Author: Joe Pickard
  • Published: 16 Jan 2019

Mazars US experienced a 9% increase in revenues for the fiscal year ended 31 August 2019.. read more

MGI Worldwide joins Forum of Firms

  • Author: Joe Pickard
  • Published: 14 Jan 2019

MGI Worldwide has joined the Forum of Firms, effective 1 January 2019.. read more

Deloitte UK appoints managing partner for its legal business

  • Author: Joe Pickard
  • Published: 14 Jan 2019

Deloitte UK has appointed Michael Castle as its first permanent lead partner for Deloitte Legal, commencing February 2019.. read more

ECOVIS joins Forum of Firms

  • Author: Joe Pickard
  • Published: 11 Jan 2019

ECOVIS International has joined the Forum of Firms, an independent association of international networks of firms that perform transnational audits.. read more

Grant Thornton achieve record global revenues of $5.45bn

  • Author: Joe Pickard
  • Published: 9 Jan 2019

Grant Thornton achieved a record combined global revenue of $5.45bn for FY ended 30 September 2018, driven by growth of 9.4% across its network,.... read more

Allinial Global launches AG AdvantEdge

  • Published: 7 Jan 2019

Allinial Global has launched a new division for early stage or entrepreneurial smaller firms, called AG AdvantEdge.. read more

PwC UK first of the Big Four to use drone technology for stock count audit

  • Published: 3 Jan 2019

PwC UK has undertaken a stock count audit using a drone. This was part of a wider drive to harness emerging technologies to enhance audit quality.... read more

PCAOB ends 2018 with remedial action against Crowe firm

  • Published: 3 Jan 2019

The US Public Company Accounting Oversight Board (PCAOB) has censored and fined Crowe Mackay after it found the firm violated PCAOB standards and.... read more

RSM begins rebuilding Chinese presence

  • Published: 2 Jan 2019

RSM has admitted Chinese firm Huapu Tianjian Certified Public Accountants in what it has described as the first stage of a wider growth plan to.... read more


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