Latest News - Advisory
ICAEW partners with Inflo to provide audit, tax and advisory services
The Institute of Chartered Accountants in England and Wales (ICAEW) has partnered with financial data analytics software company Inflo, to provide.... read more
ACCA and Morison KSi renew global MoU
The Association of Chartered Certified Accountants (ACCA) and Morison KSi have renewed their global Memorandum of Understanding.. read more
MGI Worldwide and CPAAI Merger flexes on international stage
Having joined the Forum of Firms in January 1 2019 as a mid-tier network, MGI Worldwide would catapult itself into ranking 16th globally by fees.... read more
GMN International appoints global chairman
GMN International has appointed Graeme Bursack as its global chairman.. read more
UK’s FRC: Auditors urgently need to improve their challenge of management
Audit quality is still not consistently reaching the necessary high standards expected, particularly when challenging management and performing.... read more
PCAOB Sanctions Deloitte Korea and BDO Mexico
On 1 November 2019, the PCAOB announced the settlement of disciplinary proceedings against Deloitte Korea (Deloitte Anjin LLC) and two of its.... read more
Ross Howard fined by FRC in audit of Serco Geografix Ltd
On 29 October 2019, The FRC (Financial Reporting Council) published the Settlement Agreement in respect of Misconduct admitted by Ross Howard in.... read more
IIA: UK Government must legislate to deliver audit regulator reform
The Chartered Institute of Internal Auditors (IIA) has called on the UK Government to find parliamentary time for audit regulator reform.. read more
RSM’s French firms merge
RSM International has merged its five French firms which will become a full legal entity as of July 2020.. read more
Number of audit firms in the UK and ROI decreases
The number of audit firms registered to carry out statutory audit work in the UK and Republic of Ireland (ROI) fell by 4.7% in 2017/18, down from.... read more
BDO continues lead in total AIM client rankings
BDO continues to extend the lead in total AIM ranking with a total net gain of five new clients this quarter, according to Adviser Rankings.. read more
UK’s FRC launches updated stewardship code
The UK’s Financial Reporting Council has launched a revision to the UK Stewardship Code. The new code raises expectations for how money is invested.... read more
KPMG UK in talks to sell pensions practice
KPMG UK has entered into exclusive talks to sell its pensions practice.. read more
Mazars study shows less than one in five trust UK audit system
A study commissioned by Mazars which canvassed public opinion on the UK economy and the audit industry found that just 17% of 2,000 respondents.... read more
UK’s FRC: accounting profession needs to lead by example on diversity
With the majority of partner level positions being held by white men, the audit and accountancy profession is lagging behind other businesses when.... read more
EY launches public finance blockchain to improve government transparency
EY has launched a blockchain-enabled solution, EY OpsChain Public Finance Manager (PFM), designed to help governments improve their process for.... read more
Kingman expresses concern of ‘letting the FRC drift on’
Legal & General group chairman Jon Kingman, who led the review into the UK’s Financial Reporting Council (FRC), has expressed his concern to the.... read more
UK’s FRC fines jump to record high
Fines issued by the UK's Financial Reporting Council's (FRC) to audit firms increased by 44% year-on-year to £24.3m ($30.76m) for the year ended 30.... read more
UK Accountants risk their jobs over inappropriate behaviour at work
Nearly 52.6% of accounting and finance employers have experienced inappropriate behaviour from their employees in the workplace, with 40% having to.... read more
RSM International appoints global chief innovation officer
RSM International has appointed Paul Herring as its first global chief innovation officer, who will join the global executive office, reporting.... read more
