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  • Wednesday, 17 August, 2022
    KPMG LLP
    KPMG Korea fined over auditors’ misleading of US regulator

    Two former employees found to have improperly altered work papers

  • Wednesday, 17 August, 2022
    Quintessentially on hunt for new auditor with BDO set to resign

    Concierge group faces more upheaval after governance concerns and delays in filing accounts

  • Monday, 15 August, 2022
    Evergrande Real Estate Group
    Hong Kong accounting watchdog launches second probe into Evergrande and PwC

    Investigation centres on $2bn loan scheme at subsidiary of indebted developer

  • Monday, 8 August, 2022
    PwC
    PwC fined £1.75mn over BT audit after alleged Italian fraud

    Regulator says accounting checks lacked ‘professional scepticism’

  • Monday, 8 August, 2022
    Mazars LLP
    XTX Markets sues Mazars for discrimination over Russian founder

    One of the world’s biggest market makers alleges accounting firm is in breach of UK law

  • Thursday, 4 August, 2022
    Bain & Co Inc
    Bain considers legal action against UK over state contract ban

    Management consultancy looks at options after minister’s decision caught it by surprise

  • Wednesday, 3 August, 2022
    UK financial regulation
    Stop complaining about audit fines and improve your work, UK regulator tells firms

    Comments by FRC’s Sir Jon Thompson come after complaints that clampdown by watchdog was putting off new recruits

  • Tuesday, 2 August, 2022
    Bain barred from UK state contracts over ‘grave misconduct’ in South Africa

    Britain becomes first western country to impose penalties on consultant for role in Zuma scandal

  • Tuesday, 2 August, 2022
    Melco Resorts & Entertainment Ltd
    Hong Kong casino tycoon considers Macau move to avoid US delisting

    Melco is exploring a loophole as negotiations between Beijing and Washington reach a stalemate

  • Saturday, 30 July, 2022
    KPMG International
    KPMG UAE holds meetings with clients after governance row

    Senior leaders move to shore up confidence in the firm following weeks of unrest

  • Saturday, 30 July, 2022
    EY
    Boss of UK accounting watchdog says EY split would bring benefits

    Break up of Big Four firm has hit obstacles and timeline for decision is slipping

  • Friday, 29 July, 2022
    Boston Consulting Group Inc
    Boston Consulting in ‘nepotism’ row over work experience for children of top staff

    Children of managing directors and partners hosted in London for week-long programme

  • Friday, 29 July, 2022
    KPMG UK
    KPMG accuses Carillion management of doctoring audit information

    Big Four firm denies it is responsible for £1.3bn of losses claimed by liquidators of collapsed outsourcer

  • Thursday, 28 July, 2022
    Professional services
    EY set to record global revenues of $45.4bn as talks over split drag on

    Staff told of 13.5% annual increase ahead of biggest planned Big Four shake-up in decades

  • Thursday, 28 July, 2022
    KPMG hit with half of UK accounting fines as penalties reach new record

    Fines across the industry rose to £46.5mn last year, according to watchdog

  • Monday, 25 July, 2022
    LexAccountancy
    KPMG/Carillion: fines keep the spotlight on audit deficiencies Premium content

    The big question is whether fines in recent cases relate to isolated examples of bad behaviour or a more systemic problem

  • Monday, 25 July, 2022
    KPMG UK
    KPMG receives its largest UK fine for misleading regulator

    Big Four firm fined £14.4mn for providing false information about its audits of Carillion and Regenersis

  • Friday, 22 July, 2022
    Carmine Di Sibio: The EY boss planning the most radical Big Four split in a generation

    Break-up of the firm’s audit and advisory businesses would reshape the accounting industry

  • Friday, 22 July, 2022
    Helen Thomas
    The rising risk of ‘audit orphans’ in a dysfunctional UK market

    Regulator Sir Jon Thompson flags the increasing chance that a large listed company is left without an auditor

  • Thursday, 21 July, 2022
    KPMG to rerun election of UAE boss after governance complaints

    Current and former partners raised concerns about snap vote with no opposition

  • Wednesday, 20 July, 2022
    BDO and Mazars criticised by regulator for ‘unacceptable’ audits

    Quality of assessments by mid-tier firms lags Big Four, Financial Reporting Council finds

  • Wednesday, 20 July, 2022
    InterviewEY
    EY boss targets $10bn boost from Silicon Valley tie-ups after break-up

    Big Four firm has yet to decide on splitting its audit and advisory businesses

  • Tuesday, 19 July, 2022
    EY
    Error by payroll provider ADP hits about 55,000 EY staff in US

    Employees furious after July’s payroll was ‘erroneously reversed’, leaving them out of pocket

  • Monday, 18 July, 2022
    Grant Thornton UK LLP
    Grant Thornton fined for ‘serious failings’ in Sports Direct audits

    Auditor and former partner receive severe reprimands over their handling of financial inspections

  • Sunday, 17 July, 2022
    InterviewPwC
    PwC set for record revenues as it rejects audit and consulting split

    Global chief Bob Moritz says the benefits of keeping the divisions together are greater than the risks

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