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Big Four accounting firm and three partners accused by regulator of audit independence misconduct
Audit firms have strong defence against claims: negligence and detriment have to be provable
Quality is stagnating while the UK sector awaits regulatory reforms
Administrators for JD Classics claim auditors were negligent in handling of 2016 and 2017 accounts
Keith Skeoch, interim head of Financial Reporting Council, urges government to recruit directors
FRC says one-third of audits by top seven accounting firms fall short of standards
John Kingman criticises lack of progress in finding new chair of Financial Reporting Council
Business hits out at proposals to overhaul audit and corporate governance
The wait for new ESG standards doesn’t mean environmental pledges can be missing from the bottom line
Introduction of the audit board ‘a significant milestone’ in ringfencing UK audit practice
FRC is also investigating audit of Sanjeev Gupta’s Wyelands Bank
Plans to increase the number of entities subject to tougher audits risk smaller companies losing out
Firm told to pay £13m in damages over advice to Manchester Building Society
Paul Boyle says industry lobbying has deflected attention from dominance of Big Four firms
Paris-based EKEM will team up with former KPMG partners at London firm EOS Deal Advisory
Absurd accounting rules make innovative companies appear worse than they are
Accountancy firm prepares to combine businesses, prompting concern over profit and liability sharing
Germany’s largest lender to invite new tenders for its 2022 audit
Accounting regulator says stiffer requirements needed to improve standards after string of scandals
Head of Financial Reporting Council says successor body not due to be in place until 2023
Smaller accounting businesses set to shun proposal to share FTSE 100 work with Big Four firms
Big Four firm joins rivals in making hybrid working permanent for its 17,000 UK employees
German parliamentary investigator found the accountancy firm missed opportunities to identify fraud
Parliamentary committee and Big Four firm clash over release of full report
Claims that KPMG was negligent ahead of the outsourcer’s collapse draw scrutiny of private litigation financing funds
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