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Sports Direct audit issues may hit CEO’s personal company

  • Published: 16 Aug 2019

Mike Ashley’s problems with accounts appear to extend beyond issues at Sports Direct International where he is CEO. Accounts for his personal.... read more

PwC wins £16.5m outsource contract to manage Northern Rock assets

  • Published: 16 Aug 2019

PwC has won ‘Project Saturn’, a £16.5m contract that runs to August 2030 under which it will be responsible for running the remaining portfolio of.... read more

EY Australia acquires Cadence Economics

  • Published: 16 Aug 2019

EY has strengthened its economic modelling capability in Australia with the acquisition of the business and certain assets of specialist Canberra.... read more

General Electric suffers worst one day loss in 10 years on fraud allegations

  • Published: 16 Aug 2019

General Electric shares lost more than 11% of their value on 15 August 2019.The previous day’s close was $9.03. During hectic trading, with more.... read more

General Electric shaken by claims of ‘Enronesque’ fraud

  • Published: 15 Aug 2019

Shares in General Electric slumped dramatically on the New York Stock Exchange on Thursday 15 August 2019 in the wake of the publication of claims.... read more

Deloitte facing negligence claim over H20 Networks?

  • Published: 15 Aug 2019

Elfed Thomas, founder and former CEO of H20 Networks has submitted allegations of negligence against Deloitte to the Financial Reporting Council..... read more

Sealed Air dismisses EY, appoints PwC

  • Published: 15 Aug 2019

On 7 August 2019, the audit committee of US firm Sealed Air Corporation dismissed Ernst & Young LLP (EY) as the company’s independent registered.... read more

Sports Direct urgently seeks new auditor

  • Published: 15 Aug 2019

Following confirmation that Grant Thornton is throwing in the towel as Sports Direct’s auditor, the company released a joint statement from the two.... read more

£100m account freezing orders are largest granted to UK’s NCA

  • Published: 15 Aug 2019

The UK National Crime Agency (NCA) has been granted freezing orders on eight bank accounts containing a total of more than £100 million, which is.... read more

EY study: AI important to success, but lack of personnel remains a barrier

  • Published: 15 Aug 2019

An EY study of US CEOs and business leaders reveals that most executives recognize the value of artificial intelligence (AI), with 84% believing.... read more

SEC wins jury trial against broker tipped by KPMG partner

  • Published: 15 Aug 2019

On 14 August 2019, jurors in Atlanta federal court returned a verdict finding New Jersey securities broker Raymond J. Pirrello, Jr. liable for.... read more

PWC India facing defamation suit from Reliance Capital?

  • Published: 14 Aug 2019

In the latest twist in the Reliance Capital saga, local media reports in India suggest that the company is about to sue its former auditor PwC for.... read more

AAB Business Advisory Group secures £1 million new business

  • Published: 14 Aug 2019

Anderson Anderson & Brown LLP (AAB) has secured £1 million of new business wins during 2019 so far and the rise in fee income seen means it is on.... read more

Haines Watts invests in new Birmingham home

  • Published: 14 Aug 2019

One of the West Midlands’ leading accountancy firms has relocated its Birmingham office to cope with recent expansion and demand from owner managed.... read more

US Public Accounting Firm Hiring Model Shifts: AICPA ‘Trends Report’

  • Published: 14 Aug 2019

Rapid advances in technology continue to impact the accounting profession. As US CPA firms shift their hiring models to focus more on technology.... read more

SEC obtains freeze on assets in alleged fraudulent token offering

  • Published: 14 Aug 2019

The US Securities and Exchange Commission has announced fraud charges against a Brooklyn individual and two entities under his control who.... read more

PWC Australia records 11% revenue growth for FY2018-2019

  • Published: 14 Aug 2019

PwC Australia reported 11% revenue growth to AUD2.6bn, and double digit profit growth. All three of the firm’s businesses; assurance (11%),.... read more

Sports Direct confirms Grant Thornton is parting company

  • Published: 14 Aug 2019

In a statement to the London Stock Exchange, Sports Direct has confimed that, subsequent to the publication of the company’s annual report and.... read more

Australian parliamentary committee calls for stronger whistleblower protections

  • Published: 14 Aug 2019

In Canberra, the Parliamentary Joint Committee on Corporations and Financial Services has released a unanimous report on whistleblower protections.... read more

Kaaeed Mamujee named as CABA President

  • Published: 13 Aug 2019

CABA, the wellbeing charity for ICAEW chartered accountants and their families, has announced the appointment of Kaaeed Mamujee as President. With.... read more


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