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Auditors suffer when they issue negative opinions

  • Published: 13 Aug 2019

Auditors get a bad reputation when they do their job properly according to new research. In a report being presented at the American Accounting.... read more

SEC charges investment banking analyst with insider trading

  • Published: 13 Aug 2019

The Securities and Exchange Commission has charged an analyst at a large international investment bank with insider trading based on confidential.... read more

KPMG removes UK Head of Financial Services Consulting over misconduct allegations

  • Published: 13 Aug 2019

KPMG has confirmed that Tim Howarth, partner and UK Head of Financial Services Consulting and Risk Consulting within the firm’s consulting division.... read more

Deloitte, Clyde & Co facing allegations over relationship to Barclays

  • Published: 13 Aug 2019

Jason Schofield is suing two joint administrators at Deloitte, Clare Boardman and Matt Smith, together with the firm’s legal adviser Clyde & Co for.... read more

PwC resigns as Staffline auditor

  • Published: 13 Aug 2019

PricewaterhouseCoopers LLP has resigned as Staffline Group's auditor with effect from 1 August 2019. In its letter of resignation, PwC confirmed.... read more

Increasing delays in UK local government audits

  • Published: 13 Aug 2019

The number of delayed audit opinions in local government has risen sharply this year. Figures compiled by Public Sector Audit Appointments (PSAA) ,.... read more

M&C Saatchi takes £6.4m charge on accounting review

  • Published: 13 Aug 2019

Creative agency M&C Saatchi is taking a one-off exceptional charge of £6.4m to its 2019 results following an internal accounting review of several.... read more

Goals confirms focus on former CFO Gow and former CEO Rogers

  • Published: 12 Aug 2019

Following press speculation, Goals Soccer Centres has confirm that actions undertaken by Bill Gow and Keith Rogers while employees and directors of.... read more

Investor revolt reaches trigger threshold at Investec

  • Published: 12 Aug 2019

South African investment group Investec faced a shareholder revolt at the AGM held on 8 August. Shares in the dual-listed firm are quoted on the.... read more

Audit ban in India a step closer for Deloitte, KPMG

  • Published: 12 Aug 2019

The prospect of a five-year ban from statutory audit has moved closer for Deloitte Haskings & Sells and KPMG-affiliate BSR & Associates following a.... read more

IHG to switch to PWC for audit

  • Published: 12 Aug 2019

London-listed InterContinental Hotels Group PLC (IHG) has chosen to switch auditors and has appointed PWC as statutory auditor for the year to.... read more

Former PCAOB inspections leader jailed for stealing confidential info

  • Published: 12 Aug 2019

Cynthia Holder, a former Public Company Accounting Oversight Board (PCAOB) inspections leader and director at KPMG has been sentenced to eight.... read more

Reliance Capital board fires back at PwC

  • Published: 12 Aug 2019

Following a board meeting on 8 August 2019, Reliance Capital released a statement to the National Stock Exchange of India saying that it noted the.... read more

KPMG withdraws CannTrust audit reports

  • Published: 12 Aug 2019

In a statement to the Toronto and New York Stock Exchanges on 9 August 2019 CannTrust Holdings revealed that the company's independent auditor,.... read more

Is the UK three months away from recession?

  • Published: 9 Aug 2019

Figures released by the UK Office of National Statistics show UK gross domestic product (GDP) falling by 0.2% in Q2 (April to June) 2019, having.... read more

Grant Thornton appoints Jim Peko to lead US national advisory services practice

  • Published: 9 Aug 2019

Grant Thornton LLP has named Jim Peko as the US national managing principal of its advisory services practice. In this role, he will oversee the.... read more

DoJ brief claims harassment in Trump v Mazars

  • Published: 9 Aug 2019

On 6 August 2019, the US Department of Justice (DoJ) filed an amicus brief in Trump v Mazars, President Trump’s lawsuit challenging the subpoena by.... read more

BDO NI updates on Harland and Wolff, says there is commercial interest

  • Published: 9 Aug 2019

BDO Northern Ireland reports a number of parties have shown interest in taking on the failed Harland and Wolff shipyard. Brian Murphy and Michael.... read more

Coffee Day Enterprises hires EY to investigate

  • Published: 9 Aug 2019

On 8 August 2019, the board of Indian firm Coffee Day Enterprises confirmed that it had appointed Ernst & Young LLP to investigate the.... read more

US firm Armanino accepts cryptocurrency payments

  • Published: 9 Aug 2019

California-based Armanino LLP says it will now accept payment in more than 1,000 cryptocurrencies. Clients may pay for accounting and consulting.... read more


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