European flag

10 July, 2018

Big Four accountants accused of EU tax policy ‘conflict’

A lobby group has called for the Big Four accountancy firms to be "kicked out" of the policy-forming process in Europe. Corporate Europe Observatory (CEO), a Brussels-based group whose aim is to ...
Big Four, Deloitte, KPMG, EY, PwC

9 July, 2018

Competition regulator asks Big Four to look for ways to change audit market

Reports suggest this morning that the Big Four audit firms have been asked to investigate ways of increasing the choice of auditors for companies listed in the UK. There has been pressure on the UK...
Deloitte, Big Four, audit

29 June, 2018

Deloitte investigated over SIG audit

Deloitte, the Big Four audit firm, is to have its audit of SIG, the building and materials supplier, investigated by a UK watchdog. The Financial Reporting Counci is to examine the audit of the FTS...
Big Four, PwC, Deloitte, EY, KPMG

17 May, 2018

Big Four auditors ‘prepared’ if regulators push for split

The UK’s largest accounting firms are preparing themselves for a potential breakup of their offerings. After two influential committees of MPs
Carillion

26 January, 2018

MPs to investigate Carillion auditors and board over ‘disaster in the making’

MPs investigating Carillion's liquidation have asked the big four audit firms to reveal their working links with the collapsed services giant Carillion. According to Sky News, audit firms PwC, KPMG...
Big Four, Deloitte, KPMG, EY, PwC

22 November, 2017

Big Four accounting firms face £10m in fines for faulty audits

Big Four accounting firms could face fines of up to £10m or more for faulty audits, a report proposes for UK regulators. The report, compiled for the Financial Reporting Council (FRC), concludes t...
Mitie

21 November, 2017

Mitie’s financial reporting falls under further scrutiny

Financial statements issued by Mitie, the outsourcing giant, are to face further investigation, following an announcement by watchdogs. The Financial Reporting Council (FRC), the accounting regulat...
James Murdoch, Sky

6 October, 2017

Advisors turn against James Murdoch as Sky chairman

James Murdoch faces investor opposition to his reappointment as chairman of Sky, after a clutch of advisors made it clear they wanted a new face leading the board. Investor advisors PIRC (Pensions ...
Mitie, outsourcing

31 July, 2017

Watchdog launches probe of Mitie audits by Deloitte

A financial regulator in the UK has launched a probe into the audit of troubled outsourcing company Mitie. The Financial Reporting Council (FRC) said this morning it would investigate the audits of...
Isabelle Kocher, Engie

7 June, 2017

Gender diversity best where companies are also led by women

Gender diversity has improved more on company boards around the world where the chief executive or chairman is also a woman, according to research from Deloitte. The firm's latest