Bosses to be held responsible for accounting errors in major shake-up of audit rules By Mark Shapland For The Daily Mail Published: 01:14 GMT, 17 March 2021 | Updated: 01:39 GMT, 17 March 2021 Senior executives will be on the block for accounting errors in a major shake-up of audit rules. In reforms to be … Read more
Deloitte Diversity champion, 49, quits role amid ‘bullying probe’: Self-styled ‘LGBTQ+ ally’ ‘steps down’ as accounting giant investigates her ‘aggressive communication’ methods EXCLUSIVE: Dimple Agarwal was UK deputy chief executive at Deloitte Diversity champion faces allegations of bullying from staff, reports Telegraph Colleagues have accused her of ‘communicating aggressively’, say the reports Ms Agarwal was instrumental … Read more
Advertising agency WPP has admitted to understating its losses by hundreds of millions of pounds after an embarrassing accounting debacle. In a highly unusual error, it said its statutory losses were mis-stated by £301million for the first six months of this year. It means the record half-year loss of £2.6billion that the world’s largest advertising … Read more
Fury over delays to accounting shake-up: MPs hit out a year after Thomas Cook collapse By Francesca Washtell For The Daily Mail Published: 21:51 BST, 13 July 2020 | Updated: 21:51 BST, 13 July 2020 MPs have slammed the Government for ‘dragging its feet’ on audit reforms and bringing in a new accounting industry regulator. … Read more
BUSINESS LIVE: Car dealer Lookers warns of suspected fraud; Tesco accounting probe ends; Spread-betting firm Plus 500 reports spike in customers By This Is Money Published: 07:56 BST, 8 June 2020 | Updated: 07:59 BST, 8 June 2020 Car dealership Lookers has warned it might have to suspend its shares after the business discovered a … Read more
Watchdog exposes Galliford’s £94m accounting errors sending shares crashing 18% By Daily Mail City & Finance Reporter Published: 23:27 GMT, 12 March 2020 | Updated: 00:32 GMT, 13 March 2020 Accounting errors by Galliford Try inflated its net assets by more than £94million. The construction business’s mistakes were uncovered by the Financial Reporting Council (FRC), … Read more