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 ... Read More
EY has emerged victorious in the battle to secure the lucrative RBS audit account. The bank announced that EY had wrested the account from incumbent Deloitte, which has been ... Read More
An accountant has been excluded from the ICAEW and fined nearly £15,000 for issuing audit reports on behalf of his firms when they were not registered to carry out ... Read More
For the first time, the Securities and Exchange Commission is rewarding a corporate whistleblower whose actual job it is to blow the whistle on a company’s internal missteps. The ... Read More
HM Revenue and Customs’ (HMRC) increasingly tough stance on tax planning is taking its toll on the UK accountancy industry, according to finance provider LDF. There was a 4 ... Read More
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, ... Read More
The European Central Bank and eight national regulators, including the eurozone’s five largest economies, will spend up to €487.7m on fees to external advisers for the comprehensive assessment, a ... Read More
KPMG has retained its audit work with Old Mutual, after the insurance and asset management business took its £12m contract to market. The FTSE 100 life insurer confirmed it ... Read More
Summarize of the key measures in Finance Act 2014, Andrew Goodall sets out the main corporation tax and capital gains tax provisions in part one of the act. Corporation ... Read More
Just one in twenty (6%) of companies has changed its auditor ahead of compulsory audit tender rules coming into effect in October. Research from Bloomsbury Professional found just under ... Read More
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