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FRC shows Big Four domination of FTSE 250 audit market

  • Author: Joe Pickard
  • Published: 25 Jul 2018

Only seven of the UK’s FTSE 250 companies are audited by non-Big Four firms according to research conducted by the UK’s Financial Reporting Council.... read more

Possible collaboration between leading rival firms

  • Author: Joe Pickard
  • Published: 25 Jul 2018

The Big Four and mid-tier firms have been holding meetings at the Institute of Chartered Accountants in England and Wales (ICAEW) to avoid an.... read more

Slow progress for women in the accountancy profession

  • Author: Joe Pickard
  • Published: 24 Jul 2018

Women in finance and accounting take on average seven more years than their male counterparts to reach executive level, according to research.... read more

Big Four firms appoint risk mangers

  • Author: Joe Pickard
  • Published: 23 Jul 2018

KPMG UK has appointed Mary O’Conner as the firm’s chief risk officer to oversee its risk management framework, including quality and risk.... read more

Report claims PRA looking at KPMG UK viability

  • Author: Joe Pickard
  • Published: 20 Jul 2018

The Bank of England’s (BoE) Prudential Regulation Authority (PRA) has reportedly probed the strength of KPMG’s UK business following a succession.... read more

BDO South Africa to add Grant Thornton Johannesburg

  • Author: Jonathan Minter
  • Published: 18 Jul 2018

BDO South Africa has said it is looking to challenge the dominance of the Big Four in South Africa, as it prepares to add Grant Thornton.... read more

Deloitte to launch Deloitte Asia Pacific

  • Published: 17 Jul 2018

Deloitte will be joining its firms in Australia, China, Japan, New Zealand and Southeast Asia in an alliance to create Deloitte Asia Pacific.. read more

MPs question PRA’s scrutiny of Grant Thornton

  • Author: Joe Pickard
  • Published: 16 Jul 2018

The chairs of three UK Government select committees have written to the Bank of England’s (BoE) Prudential Regulation Authority (PRA), questioning.... read more

Big Four reject break up calls

  • Author: Joe Pickard
  • Published: 13 Jul 2018

The Big Four have insisted on the importance of the continuation of their current model rather than being split up.. read more

UK’s FRC calls for greater powers

  • Author: Joe Pickard
  • Published: 12 Jul 2018

The UK’s Financial Reporting Council (FRC) has requested more powers following the collapse of Carillion.. read more

Alantra acquires KPMG’S Global Loan Portfolio Advisory Business

  • Published: 12 Jul 2018

Alantra, a global banking and asset management firm, has acquired KMPG UK’s Portfolio Solutions Group business, based in London, which advises.... read more

CEO: Big Four’s influence over EU tax policy is a conflict of interest

  • Published: 10 Jul 2018

A report by the Corporate Europe Observatory (CEO) has criticised the continued treatment of the Big Four as “neutral and legitimate partners” in.... read more

Former KPMG South Africa partner faces charges for audit work

  • Author: Joe Pickard
  • Published: 9 Jul 2018

A former KPMG South Africa partner faces six charges from the Independent Regulatory Board for Auditors (IRBA), in relation to the work they.... read more

KPMG’s faces Conviviality investigation

  • Author: Joe Pickard
  • Published: 4 Jul 2018

The UK’s Financial Reporting Council (FRC) has launched an investigation into KPMG UK in regards to its work for the collapsed wine supplier and.... read more

PwC US told to pay $625.3m in damages

  • Author: Joe Pickard
  • Published: 3 Jul 2018

PwC US has been ordered by a court to pay $625.3m in damages due to failing to spot a fraud scheme which led to the collapse of Alabama’s Colonial.... read more

Deloitte US in leadership uncertainty

  • Author: Joe Pickard
  • Published: 29 Jun 2018

Deloitte US CEO Cathy Engelbert has failed to gain backing from members of the board for a second term as the firm’s CEO, according to reports.. read more

KPMG Malaysia: former 1MDB audits no longer reliable

  • Author: Joe Pickard
  • Published: 27 Jun 2018

KPMG Malaysia has stated that the audits it conducted for scandal hit 1Malaysia Development Berhad (1MDB) for the financial year ended 31 March.... read more

Deloitte UK granted legal licence

  • Author: Joe Pickard
  • Published: 25 Jun 2018

Deloitte UK has been granted an alternative business structure (ABS) licence by the Solicitors Regulation Authority (SRA), making it the last of.... read more

Grant Thornton Johannesburg CEO steps down following sexual harassment accusations

  • Published: 20 Jun 2018

The CEO of Grant Thornton Johannesburg, Paul Badrick has voluntarily stepped down from his role, pending the outcome of an investigation into.... read more

KPMG UK called out over audit quality by watchdog

  • Author: IAB
  • Published: 19 Jun 2018

KPMG UK has been scrutinised by the Financial Reporting Council (FRC) for “unacceptable deterioration” of their audit quality. A half  of KPMG’S.... read more


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