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  • Thursday, 26 May, 2022
    Ernst & Young
    EY plans global audit spin-off in drastic Big Four shake-up

    Sweeping overhaul would allow firm to escape conflicts of interest with consulting business that dog the industry

    3 hours ago
  • Thursday, 26 May, 2022
    KPMG LLP
    Bankrupt former KPMG partner sues law firm over job loss

    Claims that Herbert Smith Freehills tipped off his employer about his debt problems tied to ski chalet investments

  • Tuesday, 24 May, 2022
    KPMG UK
    KPMG fined over Rolls-Royce audit

    UK regulator says Big Four firm’s 2010 audit of engine maker suffered from serious failings

  • Tuesday, 24 May, 2022
    Accounting & Consulting services
    UK professional services firms seek exemptions to ban on Russia work

    Industry body recommends that advisers are allowed to help clients meet legal requirements

  • Thursday, 19 May, 2022
    Markets InsightCarson Block
    U-turn on audit reform is bad for British capitalism

    Accounting industry is failing to protect investors and employees from malfeasance

  • Wednesday, 18 May, 2022
    UK financial regulation
    Big Four accountancy fines could in future go to UK state coffers

    Industry bodies which have received £50mn in recent penalties say they are open to reform

  • Wednesday, 18 May, 2022
    Cat Rutter Pooley
    KPMG’s Carillion case should worry juniors across the City

    The accounting watchdog has pushed for a £50,000 fine for a then 25-year-old who created misleading meeting minutes

  • Monday, 16 May, 2022
    Ernst & Young
    EY accused of basic failings in $2.7bn claim over NMC collapse

    Abu Dhabi hospital group’s administrator alleges litany of errors at Big Four auditor

  • Friday, 13 May, 2022
    KPMG UK
    Junior KPMG auditor ‘should not lose his home’ for misleading regulator, says tribunal

    Lawyer argues penalties sought by FRC over Carillion audit are designed to ‘destroy’ accountant’s life

  • Thursday, 12 May, 2022
    KPMG UK
    KPMG faces £14.4mn fine for misleading UK regulators over Carillion audit

    Tribunal finds five defendants guilty of misconduct after hearing auditors created ‘false documents’

  • Wednesday, 11 May, 2022
    KPMG UK
    KPMG partners risk losing share of £300mn pot over ethical standards

    Move part of effort to improve culture at firm after regulatory fines and investigations

  • Tuesday, 10 May, 2022
    The FT ViewThe editorial board
    A legislative agenda that favours ‘red meat’ over real reform

    UK government delays to overhaul the audit market are a false economy

  • Tuesday, 10 May, 2022
    Entrepreneurship
    Money Clinic Podcast: How can I scale up my side hustle?

    A young fashion designer attempts to unravel how she could turn her passion for knitting into her main source of income

  • Thursday, 5 May, 2022
    Wirecard AG
    Munich court opens door to reclaim dividends from Wirecard investors

    Collapsed payment group’s annual statements declared invalid in landmark ruling

  • Sunday, 1 May, 2022
    Financial Reporting Council
    Head of UK audit regulator in frame to chair HS2

    Sir Jon Thompson’s departure would create fresh upheaval at audit watchdog say executives

  • Friday, 29 April, 2022
    Ernst & Young
    EY faces $2.5bn lawsuit over NMC Health audits

    Hospital group collapsed in 2020 after revealing more than $4bn in previously undisclosed debt

  • Friday, 29 April, 2022
    The Top LineTom Braithwaite
    Less work for EY auditors? What about more accountability

    The Big Four firm’s German branch has a dubious recipe to avoid a repeat of Wirecard

  • Thursday, 28 April, 2022
    Corporate governance
    Dropping of UK audit bill from Queen’s Speech comes under fire

    Government criticised after fresh delay to long-promised reform of accounting and corporate governance

  • Thursday, 28 April, 2022
    Helen Thomas
    Ditching UK audit reform would be an embarrassing mistake

    Government must fix the basics of how the market is overseen even if it fails to institute radical change

  • Thursday, 28 April, 2022
    Wirecard AG
    EY Germany to cut staff workloads in post-Wirecard overhaul

    Big Four firm promises to address ‘permanent occupational stress and overburdening’ of its auditors

  • Thursday, 28 April, 2022
    RSM buys out shares of former UK partners in wake of boardroom coup

    Accounting firm’s management strengthens its grip and allows exit route for retired shareholders after misstatement drama

  • Wednesday, 27 April, 2022
    Go-Ahead Group PLC
    Go-Ahead hastens renewal of audit contract after Deloitte probe announced

    Running tender three years early comes in wake of regulators starting investigation of firm’s work for bus and rail operator

  • Thursday, 21 April, 2022
    Deloitte LLP
    Deloitte hit with £2mn fine after rule breaches over Mitie

    UK accounting regulator says Big Four firm failed in its audit of outsourcing group Mitie

  • Monday, 18 April, 2022
    News in-depthUK outsourcing
    Construction and outsourcing groups still prone to audit failures

    Four years after Carillion’s collapse, many rivals have attracted attention of accounting regulator

  • Monday, 11 April, 2022
    UK regulator to reclaim powers to strike off accounting firms

    Move aimed to bolster FRC’s control over auditors after sector criticised over failure to uphold standards

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