Latest News
Cybersecurity tops business risks, say internal auditors
A new survey has found the top three risks faced by businesses across Europe are: cybersecurity (78%), regulatory change (59%) and digitalisation.... read more
PWC audit ban overturned in India
India’s Securities Appellate Tribunal has reversed the order issued by the Securities and Exchange Board of India (SEBI) which banned PwC from.... read more
888 appoints new chair of audit committee
Online gaming entertainment and solutions provider 888 has appointed Mark Summerfield as an independent non-executive Director and as Chairman of.... read more
FRC Chair compares UK and Australian governance
Sir Win Bischoff, Chair, Financial Reporting Council gave the keynote address at the Governance Institute of Australia’s National Conference.... read more
Tony Jordan appointed leader of EY Americas Forensic & Integrity Services
Ernst & Young LLP announced the appointment of Tony Jordan as EY Americas Leader of Forensic & Integrity Services (Forensics). Jordan previously.... read more
Whatsapp scandal rumbles on at KPMG
Two senior financial consultants have left KPMG barely three weeks after their boss Tim Howarth left the firm following an investigation into his.... read more
Rising cost of indemnity insurance could hit challengers
In the wake of a number of audit scandals, the cost of professional indemnity insurance (PII) for accountants and auditors has risen sharply in the.... read more
Deloitte appointed manager of Inter-Pacific Group debt restructuring
Singapore’s High Court has appointed Deloitte as interim judicial manager for Inter-Pacific Group Pte (IPG). The appointment follows two months.... read more
Bombay High Court puts stay on banning auditors
The Bombay High court has granted interim relief to Deloitte and BSR & Associates, putting a temporary halt on the Indian Ministry of Corporate.... read more
Grant Thornton back under spotlight over Patisserie Holdings
In its latest interim report on the status of Patisserie Holdings before handing off its job of administrator to liquidators from FRP Advisory,.... read more
AICPA: Outlook for US economy dimming
Business executives hold their least optimistic view of the US economy in three years, in part due to trade concerns and fears of a sustained.... read more
EY reports record global revenues of $36.4bn, up 4.6%
EY is the first of the Big Four to report global results. Revenues for the year to end-June 2019 rose by 4.6 per cent across the firm. Notably,.... read more
SEC, CFTC penalise Options Clearing Corp. over risk management policies
The Securities and Exchange Commission and the Commodity Futures Trading Commission have announced that the Options Clearing Corporation (OCC) will.... read more
Andrew Burns appointed as CIPFA Associate Director
Andrew Burns has joined the Chartered Institute of Public Finance and Accountancy (CIPFA) in the part-time advisory role of Associate Director for.... read more
Ghana watchdog hands out first-ever fines over audit failings
For the first time since it was established in 1963, Ghana’s accounting and auditing watchdog, the Institute of Chartered Accountants (ICAG) has.... read more
UAE management accountancy salaries more than double MEA average
The IMA (Institute of Management Accountants) 2019 UAE Salary Survey shows how professional certification has a clear and definite impact on.... read more
MHA launches National Training Academy in UK
MHA has launched its own National Training Academy to provide technical and professional skills training to the 2,200 staff in its eight member.... read more
BDO’s second office in Liverpool to add 150 jobs
BDO plans to open a second office in Liverpool, UK, in October – barely a year after expanding its existing operations in the city. The firm now.... read more
Record £7.8m fine in UK money laundering crackdown
A UK business that breached money laundering regulations has been hit with a record fine by HMRC. West London money transmitter Touma Foreign.... read more
EY replaces Grant Thornton at Pantheon International
EY is to become auditor for FTSE250 listed private equity investment group Pantheon International from 2020. Grant Thornton has been the company's.... read more
