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Two former employees found to have improperly altered work papers
Investigation centres on $2bn loan scheme at subsidiary of indebted developer
Comments by FRC’s Sir Jon Thompson come after complaints that clampdown by watchdog was putting off new recruits
Melco is exploring a loophole as negotiations between Beijing and Washington reach a stalemate
Senior leaders move to shore up confidence in the firm following weeks of unrest
Break up of Big Four firm has hit obstacles and timeline for decision is slipping
Big Four firm denies it is responsible for £1.3bn of losses claimed by liquidators of collapsed outsourcer
Staff told of 13.5% annual increase ahead of biggest planned Big Four shake-up in decades
Fines across the industry rose to £46.5mn last year, according to watchdog
The big question is whether fines in recent cases relate to isolated examples of bad behaviour or a more systemic problem
Big Four firm fined £14.4mn for providing false information about its audits of Carillion and Regenersis
Break-up of the firm’s audit and advisory businesses would reshape the accounting industry
Regulator Sir Jon Thompson flags the increasing chance that a large listed company is left without an auditor
Quality of assessments by mid-tier firms lags Big Four, Financial Reporting Council finds
Auditor and former partner receive severe reprimands over their handling of financial inspections
Global chief Bob Moritz says the benefits of keeping the divisions together are greater than the risks
UK watchdog’s intervention follows fines for Big Four firms in US, Australia and Canada
Nader Haffar criticised by colleagues at accountancy group’s tumultuous Lower Gulf business
UHY Hacker Young agrees not to carry out new audits of public companies for at least two years
Current and former employees describe culture of fear at KPMG Lower Gulf
Many loan term sheets lack definitions for ebitda allowing corporates to avoid breaching covenants
Chief executive of Lower Gulf operations had faced secret ballot on his leadership
But no share of profits or ownership attached to new role once seen as pinnacle of financial career
Stephan von Erffa said fabricated payment authorisation was an isolated event
The Big Four firm will share the audit of the French bank with rival Deloitte
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