Locked out by coronavirus, panicked audit giants stage desperate bid to value retailers’ Christmas stock By Emma Dunkley, Financial Mail On Sunday Published: 21:52 GMT, 31 October 2020 | Updated: 21:52 GMT, 31 October 2020 Britain’s biggest auditors are in crisis talks over fears that tough Covid rules will stop them visiting retailers to check … Read more
Watchdog indicates rule breaches over collapse: KPMG under fire in Carillion audit probe By Matt Oliver For The Daily Mail Published: 22:01 BST, 21 September 2020 | Updated: 22:01 BST, 21 September 2020 KPMG is in the firing line again after regulators delivered a critical report on its audits of Carillion before the construction group’s … Read more
Deloitte’s UK audit operations to have standalone board to meet regulatory requirements aimed at improving industry standards By Daily Mail City & Finance Reporter Published: 21:52 BST, 11 September 2020 | Updated: 22:20 BST, 11 September 2020 Deloitte’s UK audit operations will have a standalone board from January to meet regulatory requirements aimed at improving … Read more
Deloitte faces record £15m fine over ‘reckless’ audit of UK software group Autonomy before it was sold for £9bn By Matt Oliver For The Daily Mail Published: 21:50 BST, 9 July 2020 | Updated: 21:50 BST, 9 July 2020 Deloitte is facing a record £15million fine over its ‘reckless’ audits of a British software group … Read more
Britain’s Big Four auditors have just three months to outline how they will break up their businesses after a string of scandals By Lucy White For The Daily Mail Published: 22:04 BST, 6 July 2020 | Updated: 22:20 BST, 6 July 2020 Britain’s Big Four auditors have just three months to outline how they will … Read more
Champagne Eurocrats: Private jets, fine wine and ‘shooting range rental’ rack up eye-watering sums as Brussels audit reveals EU officials are STILL on the gravy train – with UK contributing £9billion in membership fees this year Almost £400,000 was spent on private jets by Donald Tusk’s administration Other eye-catching sums were £90,000 on hiring ‘meeting rooms’ at … Read more
Watchdog warns audit firms to up their game and stop misleading the public and shareholders By Lucy White For The Daily Mail Published: 22:53 BST, 5 May 2020 | Updated: 23:39 BST, 5 May 2020 Beancounters must get better at flagging poor quality audits to avoid misleading shareholders and members of the public, the accounting … Read more
Accounting watchdog launches investigation into Ernst & Young over its audit of scandal-hit NMC Health By Matt Oliver For The Daily Mail Published: 22:10 BST, 4 May 2020 | Updated: 22:10 BST, 4 May 2020 The accounting watchdog has launched an investigation into Ernst & Young (EY) over its audit of scandal-hit NMC Health. The … Read more
Accountancy firm hired by Sports Direct’s Mike Ashley ditches its top brass after finding problems in their own audit By A Daily Mail Reporter Published: 23:00 BST, 5 January 2020 | Updated: 11:09 BST, 6 January 2020 The accountancy firm hired by Mike Ashley to audit his retail empire has ditched its own top management … Read more