Latest News
PwC chairman claims Big Four break up won’t fix market issues as PwC posts 7% growth.
PwC global revenues grew 7% globally in local currency (or 10% in USD) to $41.3bn for the year ending 30 June 2018.. read more
HLB International launches rebrand
HLB International has launched a rebrand in an attempt to support the network’s transformation to a modern advisory and accounting mid-tier network.. read more
Ex-EY partner calls for talks after sexual harassment claim
Former EY partner Karen Ward has called on EY to practise what it preaches with regards to gender discrimination in an open letter to the firm seen.... read more
UK business secretary calls for Big Four investigation
UK business secretary Greg Clark has called for an investigation into the dominance of the Big Four in the UK audit market in an interview with the.... read more
Crowe acquires technology-focused firm
Crowe in the UK has acquired Accounting for Entrepreneurs, a Gloucestershire based firm focusing on entrepreneurs.. read more
Accountants aware of senior staff’s unethical activities
More than one third of accountants are aware of a senior staff member deliberately going ahead with unethical misleading accounts or advice,.... read more
KPMG South Africa continues to lose staff and clients
KPMG has continued to lose both clients and staff following the controversy surrounding the work the firm conducted for the Gupta family, according.... read more
Morison KSi names new CEO
Morison KSi has appointed Amanda Long as its chief executive officer, effective 7 January 2019.. read more
Deloitte adds Microsoft cloud consultancy Mexia
Deloitte is set to add to its cloud offerings, with Microsoft Azure integration consultancy Mexia set to join.. read more
Big Four legal push continues with PwC Fragomen alliance
PwC UK and law firm Fragomen, Del Rey, Bernsen and Loewy (Fragomen) have entered an alliance to enable collaboration and joint marketing efforts in.... read more
Grant Thornton UK CEO’s appraisal leaked
Grant Thornton UK CEO Sacha Romanovitch’s appraisal has been leaked to various UK news outlets alongside anonymous partner criticism.. read more
Labour to consider Big Four break up
Ahead of the UK’s Labour Party conference, which begins this weekend, the shadow chancellor John McDonnell told The Financial Times a Labour.... read more
KPMG admits misconduct in connection with BNY Mellon
KPMG UK and one of its partners, Richard Hinton, have admitted misconduct to the UK’s Financial Reporting Council (FRC) under the regulator’s.... read more
Deloitte’s global revenue grows by 11.3%
Deloitte’s global revenue increased by $4.4bn (11.3%) to $43.2bn for the fiscal year ended 31 May 2018.. read more
PwC UK grows 5% in 2018
PwC UK reported revenue of £3.76bn ($4.92bn) for the year ended 30 June 2018, up 5% from £3.60bn last year.. read more
How an accounting loophole helped enable Lehman Brothers demise 10 years ago
This year marks 10 years since financial services firm Lehman Brothers filed for bankruptcy in the US on Monday morning 15 September 2008. The date.... read more
Grant Thornton UK: FTSE 350 auditor appointment should follow public sector model
Grant Thornton UK has proposed that auditors for FTSE 350 companies should be appointed by an independent body.. read more
EY edges closer to the Big Two as global revenues reach $34.8bn, up 11%
EY has reported revenues of $34.8bn for the year end 30 June 2018, an 11% increase is USD and a 7.4% growth in local currency terms.. read more
Grant Thornton UK calls for independent auditor selection
Grant Thornton UK has called for an independent public body to be established to appoint auditors for large companies, according to a report by the.... read more
Deloitte’s gender pay gap has been reduced to 41.1%
The results from Deloitte’s Impact report revealed its mean total earning gap has reduced to 41.2% from 43.2%. These figures take into account.... read more
