Update: Auditors Get Tougher Guidelines on Judging Firms’ Environmental Claims January 27, 2025 By Simon Jessop and Virginia Furness International auditors have been given new guidance on what to check when assessing firms’ environmental, social and governance claims –...
‘Big Four’ Audit Firms Targeted for Reforms in UK After Spate of Corporate Failures June 1, 2022 By Huw Jones Britain set out sweeping reforms of big company audits on Tuesday after high-profile collapses at builder Carillion and retailer BHS...
KPMG Faces $18 Million Fine for Misleading British Regulator May 12, 2022 By Kirstin Ridley KPMG faces a 14.4 million pound ($17.6 million) fine after admitting it misled regulators during spot checks on audits of...
Britain Targets Big 4 Auditors, Company Directors With Reform Proposals March 18, 2021 By Huw Jones Britain proposed weakening the market grip of “Big Four” auditors on Thursday and making company directors responsible for spotting fraud...
In Abrupt Turnaround, Olympus Admits It Hid Losses for Decades November 8, 2011 By Isabel Reynolds and Nathan Layne Japan’s Olympus admitted on Tuesday it had hidden losses on securities investments dating back to the 1980s, succumbing to weeks...