Latest News - Advisory
KPMG UK overhauls governance of audit business
KPMG UK is to change its executive governance structure to introduce separate performance management and governance of the firm’s audit practice,.... read more
ACCA study reveals 55% of public misunderstand audit
A research study conducted by the Association of Chartered Certified Accountants (ACCA) has revealed that 55% of the public believe auditors could.... read more
Morison KSi adds first Latin American member
Morison KSi has added CGS-CPA & Consultores in San José, Costa Rica to its organisation.. read more
Big Four suffer blow to legal ambitions in India
The Big Four have been reportedly told to refrain from practising law in India after an interim order was handed down by the Bar Council of Delhi.. read more
KPMG UK fined £5m by the FRC
The UK’s Financial Reporting Council (FRC) has fined KPMG UK £5m ($6.5m), discounted for settlement to £4m, in relation to the audit of the.... read more
EY appoint head of EMEIA region
EY has appointed Julie Teigland as leader of EY Europe, Middle East, India and Africa (EY EMEIA), EY’s second largest region by revenue, effective.... read more
Moore Stephens replaces lost UK firm with Kingston Smith
Moore Stephens International has added UK firm Kingston Smith to its network to replace Moore Stephens LLP, which joined BDO earlier this year.. read more
KPMG UK fined £6m by the FRC
The UK’s Financial Reporting Council (FRC) has fined KPMG UK £6m ($7.8m) in relation to its audits of Lloyd’s of London based firm Lloyd’s.... read more
Reports: Deloitte India facing five-year ban
Deloitte is potentially facing a five-year ban in India due to alleged malpractice in its audits of infrastructure development company.... read more
BDO remains head of overall UK AIM ranking for Q2 2019
BDO increased its advantage over Grant Thornton and KPMG in terms of number of AIM clients in the UK, with an additional 11 clients compared to the.... read more
KPMG partner to face disciplinary hearing over audit of BNY Mellon
The UK’s Financial Reporting Council’s (FRC) is launching a hearing of its disciplinary tribunal on 21 May to consider formal action against KPMG.... read more
Reports: Big Four considering legal challenge to CMA’s proposed breakup
A number of the Big Four are considering seeking a judicial review of the UK’s Competition and Market Authority proposed operational split of their.... read more
UK Big Four among top employers for women
The Big Four have been named among the 50 best employers for women in the UK in The Times and Business in the Community’s (BITC) top employers for.... read more
KPMG Botswana’s first female partner appointed as managing partner
KPMG Botswana has appointed Gosego Motsamai, its first female partner, as its managing partner.. read more
Big Four present mixed reactions to CMA review
The UK’s Competition and Markets Authority (CMA) has released its final report into the UK audit market, calling for an operational split of the.... read more
CMA final report calls for mandatory joint audit and operational split
The UK’s Competition and Markets Authority (CMA) has called for mandatory joint audits and an operational split of the Big Four in its final report.... read more
Reports: BDO taking legal action against Bell Pottinger partners
BDO UK has indicated that it could take legal action against partners of Bell Pottinger due to their involvement with a client in South Africa that.... read more
Accounting scandal rocks Irish FA
The entire board of the Football Association of Ireland (FAI) is to resign after its auditor, Deloitte, notified the Irish Companies Registration.... read more
Baker Tilly UK fined £750,000
The UK’s Financial Reporting Council (FRC) has taken disciplinary action against Baker Tilly UK Audit, now part of RSM UK, and its partners,.... read more
Class action status granted for suit against PwC for alleged age discrimination
A US court has granted class action status in a suit against PwC for allegedly discriminating against age in its recruitment policies.. read more
