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Keith Skeoch will help run the Financial Reporting Council while it forces an effective split of Big Four accountants
Watchdog finds recurring failures in investigations into poor-quality audits by Big Four
Draft auditor’s opinion rejected concerns raised over German payments group weeks before it collapsed
UK companies should have disclosed more information to their investors about the impact of the pandemic, says FRC
Accounting firm said draft of KPMG’s independent report needed ‘context’ on payments group’s third-party business
Watchdog takes firms to task in quality review; AO hits long awaited high during lockdown
PwC, Deloitte, EY and KPMG had higher number of audits needing big improvements, FRC finds
Accounting firm severely reprimanded by FRC and made to commit to improvement of ethical controls
An exploration of where the penny might drop in the aftermath of the collapse of the German payments company.
The UK’s Big Four accounting firms have until 2024 to separate their audit practices
UK regulator orders the largest shake-up of the industry in decades
The industry’s failure to spot holes in the accounts of several collapsed companies has led to clamour for reform
The Wirecard scandal has highlighted the urgent need for reform
Firms should have ‘obligation to find fraud rather than stumble over it’, says City heavyweight Donald Brydon
EY’s Wirecard omission is latest failure to check on where big companies store their money
Deregulation and new business models are fertile grounds for scams, but regulation lags progress
Senior partners advised to tell clients objective of fraud was to ‘deceive investors and EY’
Watchdog’s powers to be transferred to BaFin as deputy finance minister calls for ‘radical solutions’
Auditor of insolvent payments group under fire for failing to detect fraud
Accountancy regulator Financial Reporting Council announces probe into auditing.
Three firms signed off books with clean bill of health before LCF went into administration
Shares of payments group crash as it says a third party may have tried ‘to deceive’ its auditor
Some news from Aschheim.
Accounting firm to cut jobs despite rejecting use of government furlough scheme
Shake-up in sector has driven an increasing number of companies to firms outside the Big Four
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