Search Results for: PwC
BDO concerned over patchy roll-out of EU accounting rules
November 27th, 2014
New European Union rules to improve auditing of banks and other companies are being blunted by varied implementation from nation to nation, a top accounting official said. The reform forces companies to switch auditor every few years so that accountants are ...
Bolster your digital defences
November 25th, 2014
Cyber criminals have the financial services sector firmly in their sights, but there is much that organisations and employees can do to protect themselves from the threat Cyber crime is on the rise, and the financial services sector is ...
Tesco poised to dump auditor after accounting scandal
November 19th, 2014
Tesco could be on the verge of dumping PwC, its auditor of 31 years, over its apparent failure to identify the accounting problems that led to a black hole in its books. The Evening Standard understands that board members ...
Deloitte takes top slot as Scotland’s largest firm
November 5th, 2014
Deloitte is the largest accountancy firm in Scotland, as measured in The CA magazine’s annual Accountancy Review. The CA is the membership journal of the Institute of Chartered Accountants of Scotland (ICAS). The Accountancy Review charts the largest 30 ...
Two more audits choose Big Four
October 3rd, 2014
Two more listed companies have changed auditors. Safestore Holdings, which runs 97 self-storage units in the UK, has swapped its Big Four firms. Deloitte has been chosen to replace PwC as Safestore’s auditors. PwC has served as its auditors ...
Tesco in turnoil after profits overstatement
September 23rd, 2014
Tesco, Britain’s biggest retailer and one of its great corporate success stories of the last decade, has been thrown into turmoil after disclosing that it had overstated its first-half profit by £250m. Four senior executives were suspended and shares ...
BEPS Fallout To Be Minimal For New Zealand
September 22nd, 2014
New Zealand’s tax system is unlikely to experience significant changes resulting from the Organization for Economic Cooperation and Development’s base erosion and profit shifting work, according to professional services firm PwC. The Organization for Economic Cooperation and Development (OECD) ...
Africa likely to experience oil and gas boom
September 9th, 2014
A study released by PriceWaterhouseCoopers (PwC) concluded that Africa had the potential to experience a major mid-term energy boom. The survey forecast demand for oil on the continent would “rise significantly” over the next two decades, driven by larger ...
KPMG and EY win major listed company audits
August 26th, 2014
KPMG and EY have won out as the latest batch of major listed company audit tenders has been decided. FTSE 250-listed Pennon Group, which provides water and sewerage services, has chosen EY to run its £1m audit. Another £1.3m ...
Strategic Finance settlement proceeds to first distribution
August 12th, 2014
In June this year PwC Partners John Fisk and Colin McCloy, as Receivers of Strategic, together with the Financial Markets Authority, announced they had finalised a $22 million settlement agreement with the former directors and auditors of Strategic. On ...
