Tag: Deloitte
Big Four accountants accused of EU tax policy ‘conflict’
The Big Four accountancy firms are in conflict with EU tax policymaking and should be removed from the process, says European lobby group.
Competition regulator asks Big Four to look for ways to change audit market
Reports suggest that the Competition and Markets Authority has already met with Big Four leaders to discuss audit market change.
Deloitte investigated over SIG audit
The FRC is to investigate Deloitte’s audit of buildings and materials firm SIG, conducted in 2015 and 2016.
Big Four auditors ‘prepared’ if regulators push for split
The Big Four audit firms have prepared contingency plans for being broken up, if regulators insist on making big interventions in the market.
MPs to investigate Carillion auditors and board over ‘disaster in the making’
MPs from two House of Commons select committees have launched an investigation into the Carillion collapse, which will also focus on auditors and the actions of the company’s board.
Big Four accounting firms face £10m in fines for faulty audits
Report from accounting watchdog proposes lifting the maximum fines for Big Four audit firms to £10m or more in cases involving “seriously poor audit work”.
Mitie’s financial reporting falls under further scrutiny
Financial statements from outsourcing firm Mitie for the year ending 31 March, 2016, are under investigation again by corporate reporting watchdogs.
Advisors turn against James Murdoch as Sky chairman
James Murdoch’s independence as chairman of Sky is questioned by shareholder advisors.
Watchdog launches probe of Mitie audits by Deloitte
The Financial Reporting Council will investigate the audits of outsourcing company Mitie for 2015 and 2016, conducted by Deloitte, after posting a full-year loss and suffering costs of £88m.
Gender diversity best where companies are also led by women
Research finds boardroom gender diversity is improving, but has developed most in companies where leadership roles are also occupied by women.