Search Results for: Big Four
Big Four owe public interest not to ditch audit, says KPMG chair
August 25th, 2015
The UK’s largest auditors have a public interest commitment to retain their mature audit businesses despite more lucrative growth prospects elsewhere, the chairman of KPMG has said. In an interview with the Financial Times, Simon Collins, KPMG’s UK chairman, said the ...
Smaller firms beat Big Four to ICAEW exam top scores
July 21st, 2015
The institute’s latest ACA exam results show a consistently high level of passes. Nine out of ten (91.8%) passed Business Strategy; 82% passed Audit & Assurance; and 81.7% passed Financial Management. Four of the top score prizes were scooped ...
FCA defends secondments with ‘Big Four’ accountants
June 4th, 2015
The Financial Conduct Authority (FCA) has revealed how many staff were seconded to and from it from the ‘Big Four‘ accountancy firms Deloitte, KPMG, PwC and EY in 2014. Following a Freedom of Information (FoI) request by sister publication Insurance Age, the ...
KPMG: Big Four player poses new threat to law firms
June 2nd, 2015
KPMG is growing its legal arm beyond tax, threatening to become a major player in the legal services market. Speaking to Lawyers Weekly, Jeremy Geale, the head of KPMG’s tax controversy team, said the Big Four firm is boosting the ...
Big Four to beat law in dumping the billable hour
April 29th, 2015
Pricing experts have predicted that accounting firms will scrap the billable hour before law firms, but neither sector is willing to change. Steve Major (pictured), founder of consultancy Pricing Power, told Lawyers Weekly that accounting firms are moving away from the ...
SEC Imposes Sanctions Against China-Based Members of Big Four Accounting Networks for Refusing to Produce Documents
February 9th, 2015
The Securities and Exchange Commission today imposed sanctions against four China-based accounting firms that had refused to turn over documents related to investigations of potential fraud. The China-based firms are members of large international networks associated with the “Big ...
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 ...
Big Four’s China Accountancy Units Thrashing Out SEC Settlement in Auditing Dispute
June 3rd, 2014
The Chinese units at some of the world’s largest accounting firms – dubbed the Big Four – are looking to reach an out-of-court settlement with the US’ Securities and Exchange Commission in a bid to put an end to ...
Making Big Four partner ‘meritocratic but highly commercial’
May 6th, 2014
Making partner at a Big Four firm is more meritocratic than previously considered – but does this create a culture of commercialism that could clash with what is expected of a ‘trusted adviser’? That is the question raised following ...
Forget bitcoin, its fourth-biggest rival is up nearly 5,800 percent this year
December 13th, 2017
Litecoin, the fourth-largest cryptocurrency in the world by value, has hit a record high and rallied nearly 5,800 percent this year, beating rival bitcoin’s rise. The price of litecoin reached an all-time high of $255.42 on Tuesday, according to industry website ...
