China Urges State-Owned Firms to Drop Big 4 Auditors Over Data Security Concerns February 23, 2023 By Bloomberg News Chinese authorities have urged state-owned firms to phase out using the four biggest international accounting firms, signaling continued concerns about...
‘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 Sued for $600M Over Role in Insolvency of Dubai Private Equity Firm Abraaj November 12, 2021 KPMG LLP was sued for at least $600 million over its role in the insolvency of Dubai private-equity firm Abraaj...
China Accounting Scandals Put Big Four Auditors on Red Alert June 24, 2011 By Rachel Armstrong The string of accounting problems and stock plunges at publicly traded Chinese groups has sparked deep concerns across the world’s...