PCAOB critical of KPMG and PwC audits
The US Public Company Accounting Oversight Board (PCAOB) has found a number of flaws in audits conducted by PwC US…
Month: August 2013
PwC US appoints risk assurance practice leader
Former EY US partner Brian Schwartz joins PwC US as the firm's risk assurance practice leader.Schwartz succeeds Ken Coy as…
Palestinian and UK firms join Praxity
Praxity has added member firms in the UK and in Palestine to its association.The new firms are UK-based Brand Finance…
UK mid-tier firm opinions split on the benefits of five year retendering
Responding to the UK Competition Commission's (CC) provisional decision on remedies most UK mid-tier firms have welcomed the proposed five…
How the move to the cloud is shaking up the traditional audit market
Auditing has long been one of the most conservative arms of the financial services sector. The news that the Competition…
UK accounting firm business volumes on the rise
UK accountancy and law firms' optimism about business conditions rose significantly in the last quarter, a survey by the employers'…
ByStandard Chartered puts audit out to tender
Standard Chartered has become the latest bank to put its audit out to tender.The global bank has been audited by…
UK large corporates and banks against five-year retendering
Large UK banks and corporates have warned of excessive burdens arising from the Competition Commission's (CC) proposed five-year mandatory audit…