Tag: KPMG
News round-up: this week in governance
Iain McDonald to stay on THG board; London Business School’s ethical win; Big Four look to their own governance.
Big Four continue to dominate audit market
FRC review of audit market competition reveals 98% market share that ‘leaves little room for challengers to emerge’.
An uncomfortable U-turn on audit reform
The government’s bonfire of the regulations expected for audit reform creates a source of uncertainty for business.
Reversal on audit reform makes ‘little sense’
Investors react to the government’s U-turn on proposed measures prompted by the collapse of Carillion in 2018.
Record fine for KPMG over Carillion audit
In all, the auditing giant has now been fined £30m for its failures at Carillion, reduced to £21.5m for co-operation.
News round-up: this week in governance
Back in the office ‘by 2026’; personal conduct is a growing risk; how to be a CFO; avoiding corporate scandals.
How to innovate for sustainability
By nurturing innovation in their organisations, boards can hit the ground running to negotiate the ESG challenges ahead.
Oxford Biomedica appoints non-executive director
Leone Patterson is to join the cell and gene therapy biotechnology company as an independent NED, effective from 1 May.
News round-up: this week in governance
NZ boosts ESG in governance code; bid to oust BP chair; Exxon challenged; KPMG and EY audits; female directors mean better forecasting.
Audit reform in the UK risks ‘losing momentum’
The Financial Reporting Council still awaits the proposed new statutory powers that would allow it to enforce substantive change.