Tag: Deloitte
Governance week: Rio Tinto, ESG, climate risk, Aussie audit
Investors lead backlash against Rio Tinto over destruction of Aboriginal sites. Plus a warning from ecoDa on sustainability, and analysis of Australia’s audit market.
Shareholders happier with CEO pay levels in 2020 as revolts halve
Research finds shareholder pay revolts in 2020 have halved year on year.
Audit keeps failing—here’s why a fundamental change is needed
The frequency with which companies fail—seemingly without any warning signs—has grown in recent years, with Wirecard the latest example. Auditing needs reform.
How blockchain can create more resilient supply chains in the post-Covid recovery
Blockchain improves the integrity of supply chains by providing companies and consumers with transparent and secured data.
FRC scrutiny of audit quality reveals “unacceptable” level of issues
The Financial Reporting Council looked at 88 audits conducted by a number of firms and found that 33% needed “more than limited improvements”.
BDO client increase sees it overtake KPMG in UK auditor rankings
Signs of change at the top as BDO is ranked second only to PwC by number of listed clients—although FTSE 100 audits remain the preserve of the Big Four.
Board performance evaluation: ticking a box or making a difference?
With boards facing increasingly complex issues such as technology disruption and climate change, it is vital that board performance evaluations keep pace.
Big Four accountancy firms see decline in combined audit income growth
PwC, EY, Deloitte and KPMG saw audit income grow by 1.7% in 2017–18 compared with 5.7% the previous year, amid continuing pressure for market reform.
Indian regulators work on new rules to halt auditor exodus
Indian financial watchdog launches consultation on the correct procedure for auditor resignations after a series of high-profile exits.
Auditor resignations indicate new attitude to client selection
A series of high-profile auditor resignations suggest that UK audit firms are becoming more cautious about the companies they work for.