The Financial Reporting Council’s (FRC) Conduct Committee has reviewed the full report from the PRA and FCA into the failure of HBOS plc. and has asked the FRC’s Executive ... Read More
KPMG’s Patrick McCoy quits over alleged tax scandal Patrick McCoy, one of the top financial advisers in the UK, is among 10 people allegedly charged with tax evasion. Days ... Read More
The U.S. regulator that polices the complex derivatives markets is struggling to keep its own books in order and has made a material error that its auditor found so ... Read More
Funding XChange (FXE), the first UK online marketplace that connects small businesses with lenders, has joined forces with global professional services firm KPMG to tackle the £4 billion funding ... Read More
Regulators fail to act as they are dominated by the companies they are supposed to police, say critics Audit and accountancy firms who devise tax-avoidance schemes ruled unlawful have ... Read More
This year, cybersecurity will be the main issue vexing global business, firms say, and it will become more critically important as the internet of things takes off and our ... Read More
The buy-to-let market will slow down next year due to a series of tax changes, accountancy giant KPMG has said. The changes, including a three per cent hike to stamp duty ... Read More
One of the Big Four accountancy firms offering legal services through an alternative business structure has reported a sharp rise in income from the division and pledged further heavy ... Read More
The firm invested almost £200m in acquisitions, property and staff training Tax and audit were the firm’s highest earning services The firm, its partners and employees paid £786m in ... Read More
The “big four” auditing firm KPMG has found itself under renewed pressure over its role in signing off HBOS’s books in the years before the bank collapsed. The Bank ... Read More
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