Search Results for: ICAEW
Sanctions against senior auditor and PwC
August 16th, 2017
The Financial Reporting Council (FRC), UK’s independent regulator responsible for promoting high quality corporate governance and reporting to foster investment, has issued today an announcement to inform that: PricewaterhouseCoopers LLP (PwC) and Nicholas William Edward Boden, Senior Statutory Auditor ...
Grant Thornton UK fined £2.3m over audit failures
April 24th, 2017
Grant Thornton UK LLP (“GT”) and Robert Napper (a retired GT Partner) (together, the “Respondents”), have admitted Misconduct and agreed to fines and other sanctions. This follows the conclusion of the Financial Reporting Council’s (FRC) investigation relating to the ...
Scottish tax code increases
February 20th, 2017
HMRC has issued a note to stakeholders to warn employers that the Scottish tax rates, thresholds and tax code increases cited in its form P9X: Tax codes published the week before last are subject to change. This is because ...
FinTech Fortnight Launches in February 2017
January 13th, 2017
The first ever ‘FinTech Fortnight’ is launching in February 2017, drawing attention to this rapidly advancing sector which is impacting and evolving all aspects of finance. FinTech is becoming more revolutionary, and incrementally more important; a recent study by ...
PwC and ex RSM Tenon chief face complaints from the FRC
December 15th, 2016
The Financial Reporting Council’s (FRC) Executive Counsel has delivered a disciplinary Formal Complaint in connection with the conduct of PricewaterhouseCoopers LLP (PwC), Nicholas Boden (PwC’s Senior Statutory Auditor and Audit Engagement Partner) and Russell McBurnie (RSM Tenon Group plc’s ...
Deloitte and Deloitte partner fined £4,000,000 and £150,000 respectively
November 10th, 2016
Deloitte LLP and John Clennett fined for Misconduct in relation to Aero Inventory Plc The Financial Reporting Council (FRC) today announces the outcome of the independent Tribunal’s disciplinary hearing concerning the conduct of Deloitte LLP and the Deloitte partner, ...
KPMG faces disciplinary formal complaints over audit concerns
September 7th, 2016
The Financial Reporting Council’s (FRC) Executive Counsel has delivered disciplinary formal complaints under the Accountancy Scheme and the Actuarial Scheme in connection with the conduct of KPMG LLP, Mr Mark Taylor, Mr Anthony Hulse, members and a member firm ...
Deloitte set to face FRC disciplinary over Aero Inventory audit
April 20th, 2016
DELOITTE is set to face an FRC disciplinary tribunal over its conduct relating to its audit and the financial statements of collapsed AIM-listed aeroplane parts manufacturer Aero Inventory. The case – which will examine the conduct of audit partner John ...
New managing partner for UHY Hacker Young
April 18th, 2016
LAURENCE SACKER has been named as the new heir apparent at UHY Hacker Young, Accountancy Age can reveal. Currently corporate finance partner at the firm, Sacker will formally take over from Ladislav Hornan’s successful 21-year reign on 1 May 2016. Sacker boasts particular expertise in ...
Chartered Accountants in Pakistan gain international recognition as ICAP joins Chartered Accountants Worldwide
February 11th, 2016
The Institute of Chartered Accountants of Pakistan (ICAP) has been awarded Associate membership by Chartered Accountants Worldwide. ICAP is the second professional body to be admitted to the organisation since it was launched in February 2013. As an Associate ...