man running, future fit

7 August, 2019

Setting the pace: how to ensure your board is fit for the future

To excel at any pursuit, you need to follow a fitness programme. This is no different whether you are an elite athlete or high-level business executive. But crucially, at a time of rapid advances in t...
Big Four, Deloitte, KPMG, EY, PwC

18 April, 2019

Audit committees face public reprimand as part of market reforms

Audit committees should face public reprimand by regulators if they fail to provide adequate scrutiny of their auditors, according to recommendations from the UK’s competition authority. The prop...
mergers and acquisitions, M&A, takeovers

18 April, 2019

Trend for portfolio reviews drives M&A optimism

Nothing excites the business world like an M&A deal. Think of the fuss caused by the $30bn race to takeover of Sky by Comcast. And according to advisory firm EY, executives are so heady with M&...

19 September, 2018

Audit woes and reform wrangles

In July 2002 Lord Sharman, a former chairman of KPMG International, conceded in the pages of Accountancy Age, a trade publication for bean counters, that having a public sector body audit lis...
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...