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What happens to companies that cannot secure an auditor to check their accounts?
The two institutions failed days after issuing annual reports certified by the accounting firm
Firm had been accused of missing ‘red flags’ on UK outsourcer before it collapsed in 2018
Average pay hits £717,000 as Big Four firm benefits from rising demand for consulting services
Finance chiefs say in letter that it is difficult ‘to sit quietly’ as firms announce ‘very significant pay rises’
Fines from oversight board total $7.7mn in actions against accountant’s networks in the UK, Colombia and India
Big Four firm settles lawsuit without admitting liability
High number of departures and fewer promotions thin ranks at top of Big Four firm
Financial regulator says auditor and former partner failed to follow international standards
Liquidator of China Medical says Big Four firm failed to ask ‘obvious’ questions
Big Four firm denies it is responsible for £1.3bn of losses claimed by liquidators of collapsed outsourcer
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
Claims that Herbert Smith Freehills tipped off his employer about his debt problems tied to ski chalet investments
UK regulator says Big Four firm’s 2010 audit of engine maker suffered from serious failings
The accounting watchdog has pushed for a £50,000 fine for a then 25-year-old who created misleading meeting minutes
Move comes after Big Four firm refused to sign off company’s 2021 results
Lawyer argues penalties sought by FRC over Carillion audit are designed to ‘destroy’ accountant’s life
Tribunal finds five defendants guilty of misconduct after hearing auditors created ‘false documents’
Move part of effort to improve culture at firm after regulatory fines and investigations
Co-chief and three board members resign as Big Four firm says it was denied access to crucial documents
Rare move pushes German property company deeper into crisis
Big Four consultancy secures £10mn of public sector work since saying it would stop pitching
Four years after Carillion’s collapse, many rivals have attracted attention of accounting regulator
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