Latest News - Advisory
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
ICAEW asks for patience in audit reform
Michael Izza, chief executive of the Institute of Chartered Accountants in England and Wales, has warned the public to be ‘realistic’ about the.... read more
Australian Labor calls on ACCC to probe the Big Four on ‘cartel-like behaviour’
The Australian Competition and Consumer Commission (ACCC) has been called on by the Labor party to investigate the Big Four over ‘cartel’ like.... read more
PwC loses sole first position as FTSE 100 auditor
PwC has lost its outright lead of FTSE 100 audit clients after Deloitte and KPMG gained enough clients to reach a joint 1st position with PwC,.... read more
Mazars South Africa appoints two co-CEOs
Mazars South Africa has appointed Michelle Olckers and Anoop Ninan as joint chief executive officers.. read more
Grant Thornton Johannesburg CEO cleared to return to work
Paul Badrick has returned to his post at Grant Thornton Johannesburg after being cleared of sexual harassment in an independent review.. read more
EY Australia revenue rises 9.8%
EY Australia’s revenue rose by 9.8% to AUD1.785bn ($1.304bn) for the 12 months to 30 June 2018.. read more
Audit and risk advisory growth drives Deloitte revenues in the UK up 5.1%
Deloitte increased its revenue by 5.9% in the UK and Switzerland for the year ended 31 May 2018.. read more
Grant Thornton UK sanctioned over audit work
Grant Thornton UK has been fined and reprimanded by the UK’s Financial Reporting Council (FRC) for the admission of misconducts in relation to.... read more
EY and two partners reprimanded for auditing failures
The Hong Kong Institute of Certified Public Accountants (HKICPA) has reprimanded EY, Kowk Chee Tack and Wong Kam Man for their failure to observe.... read more
Reports: Industry open to temporary client cap for Big Four
The Institute of Chartered Accountants in England and Wales (ICAEW) and nine of the largest networks in the UK plan to suggest a temporary cap in.... read more
