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Accountancy

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  • Saturday, 17 October, 2020
    Deloitte LLP
    Deloitte to close 4 UK offices amid pandemic shift to remote working

    Move will affect 500 employees in Gatwick, Liverpool, Nottingham and Southampton

  • Friday, 16 October, 2020
    US financial regulation
    SEC eases rules on auditor conflicts of interest

    Firms will have more freedom to provide services to multiple companies owned by the same investor or group

  • Friday, 16 October, 2020
    Big Four’s audit income jumps as firms raise prices

    Total fees rose 7% last year after groups moved to counter closer regulatory scrutiny

  • Tuesday, 13 October, 2020
    Personal Finance
    Money Clinic podcast: Advice for graduate job seekers

    Presenter Claer Barrett talks to graduate trainee Olly as he embarks on his City career

  • Tuesday, 13 October, 2020
    Wirecard AG
    KPMG audited Mauritian company used in suspicious Wirecard deals

    Accountancy firm had criticised EY for the way it handled fraud allegations

  • Monday, 12 October, 2020
    Professional services
    UK lawyers and accountants risk losing in EU deal, warns report

    Professional services ignored in negotiations, Lords committee says

  • Monday, 12 October, 2020
    Gillian Tett
    Number-crunchers hope new benchmark will bring boards up to speed with ESG

    Big Four accountants push for consistent measurement to hold companies to account

  • Thursday, 8 October, 2020
    UK regulator calls on companies to make reports more accessible

    FRC sets out radical plan for businesses to provide extra information tailored to non-experts

  • Friday, 2 October, 2020
    AnalysisWirecard AG
    How EY missed the chance to stop Wirecard’s fraud

    Auditors continued to sign off payment group’s accounts even after a whistleblower’s tip

  • Promoted Content
  • Wednesday, 30 September, 2020
    Wirecard AG
    EY faces mounting backlash after Wirecard whistleblower revelation

    German politician warns accountancy firm ‘could face its Arthur Andersen moment’

  • Wednesday, 30 September, 2020
    FT InvestigationsInside Wirecard
    Whistleblower warned EY of Wirecard fraud four years before collapse

    Exclusive: Employee at payments group’s longtime auditor flagged suspicious accounting and attempted bribery in 2016

  • Saturday, 19 September, 2020
    Deloitte Global vetoes plan to sell UK restructuring division

    British arm’s proposed disposal was expected to raise hundreds of millions of pounds

  • Thursday, 17 September, 2020
    Deloitte LLP
    Deloitte ordered to pay record £21m for Autonomy audit misconduct

    Tribunal finds firm and two partners failed to act with integrity, objectivity or professional scepticism

  • Tuesday, 15 September, 2020
    Wirecard AG
    EY chairman admits ‘regret’ over Wirecard failures in letter to clients

    Carmine Di Sibio pledges to raise bar on audits as group tries to mitigate backlash

  • Saturday, 12 September, 2020
    FTfmThe week’s best fund management articles
    Is audit fit for purpose?

    After Wirecard, shareholders say company accounts and audits no longer provide the information investors need

  • Thursday, 10 September, 2020
    Ernst & Young
    EY posts record revenues despite audit scrutiny

    Firm is the second Big Four accountant to report a bumper year for turnover

  • Wednesday, 9 September, 2020
    LombardCat Rutter Pooley
    Deloitte restructuring unit sale offers clean solution to potential conflicts

    Breaking up is hard to do but worth it; S4 Capital’s numbers impress

  • Tuesday, 8 September, 2020
    Deloitte LLP
    Deloitte puts UK restructuring business up for sale

    Decision comes as audit profession faces increased regulation to address conflicts of interest

  • Friday, 28 August, 2020
    Grant Thornton UK LLP
    Blow for Grant Thornton as court rejects £22m appeal

    Accountant loses battle to overturn judgment that it failed to spot fraud at AssetCo

  • Tuesday, 25 August, 2020
    PwC
    PwC to review fraud detection after Wirecard shakes industry

    Audit profession needs to ensure its relevance, says chairman of Big Four firm

  • Tuesday, 25 August, 2020
    FT InvestigationsInside Wirecard
    Wirecard: the frantic final months of a fraudulent operation

    A plan to buy Deutsche Bank is now seen as part of a desperate effort to disguise fraud at the German payments group

  • Friday, 14 August, 2020
    AnalysisPwC
    Test of faith: Will Morris, PwC tax expert and part-time priest

    Mr Morris is one of the former GE executives who negotiated a $1bn tax break that UK authorities now claim was fraudulently obtained

  • Tuesday, 11 August, 2020
    Lex
    Chinese US listings: cease and delist Premium

    Ejecting companies from exchanges for not meeting accounting standards is a mistake

  • Friday, 7 August, 2020
    PwC
    PwC sued for £63m over Quindell deal ‘conspiracy’

    Lawsuit alleges accounting firm released private financial information about client during takeover approach

  • Tuesday, 4 August, 2020
    Financial Reporting Council
    Standard Life boss to take helm of UK audit watchdog

    Keith Skeoch will help run the Financial Reporting Council while it forces an effective split of Big Four accountants

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