‘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...
UK CFOs Expect High Inflation to Cut Profit Margins: Deloitte Survey April 19, 2022 By David Milliken More than seven out of 10 chief financial officers (CFOs) at Britain’s biggest companies expect high inflation to reduce their...
People Moves: Marsh Promotes Vanyo; AIG’s Fayto Joins Lockton Cyber; Hersch Leads Deloitte Insurance Unit April 6, 2022 Vanyo Named General Counsel of Marsh Marsh McLennan announced the appointment of Mikhail “Misha” Vanyo as general counsel of Marsh....
Deloitte Sued for Allegedly Failing to Find ‘Irregularities’ in Audits of Singapore Oil Trader June 10, 2021 By Chanyaporn Chanjaroen A failed oil trader in Singapore that owes creditors more than $3.5 billion is suing Deloitte & Touche LLP, alleging...
Ex-Deloitte Auditor Faces Disciplinary Action for Improper Audit of S. Africa’s Steinhoff April 23, 2021 By Janice Kew An ex-Deloitte LLP partner is facing disciplinary action in the Netherlands for an improper audit of Steinhoff International Holdings NV...
Confidence Among UK CFOs Hits Record High, Helped by Vaccinations, Brexit Hopes April 12, 2021 Confidence among big businesses in Britain about their profits in the year ahead has hit a record high, helped by...
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...
Google Hires Deloitte’s Walsh to Lead North American Insurance Business March 11, 2021 By Andrew G. Simpson Google has hired former Deloitte Digital partner Nigel Walsh to lead its insurance business in North America. Walsh disclosed the...
UK Company Directors Could Become Personally Liable for Financial Statements February 8, 2021 By Huw Jones LONDON – Company directors would become personally liable for the accuracy of their financial statements under landmark proposals from Britain’s...
Pandemic Amplified Security Gaps for Public Sector Cyber Officials October 19, 2020 While the pandemic has highlighted the resilience of public sector cyber officials, it has also called attention to chronic challenges...