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...
mergers, M&A, teamwork

5 June, 2018

European Court of Justice provides guidance on merger ‘gun-jumping’

Guidance on “gun-jumping”—a failure by merging parties to comply with the “standstill obligation”, which prohibits them from taking any steps to implement their merger before clearance from ...
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
long-term value, EY

16 May, 2018

Why boards should be clear about long-term value

Boards are under pressure to demonstrate their commitment to long-term value creation and show how they are delivering it in a balanced way, within a framework that measures their success. Politicians...
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...
M&A, NEDs

31 October, 2017

M&A post-crisis: the changing role of the NED

After the financial crisis of 2007–2008, mergers and acquisitions dried up. However, recent figures show that deals are back, causing a frisson in the markets. But w...
Annual Reporting in 2016/17, EY, annual reports

28 September, 2017

Annual reports swell in size and content improves, but work to be done

Despite ongoing concerns about the legibility and accessibility of annual reports, their length has increased,
Whole Foods, Amazon, M&A

26 July, 2017

Global M&A deals holding firm, EY figures show

Global mergers and acquisitions remain buoyant, according to latest figures which reveal that while values may be slightly down, deal numbers have modestly risen.