Britain’s accounting regulator on Thursday fined KPMG a record 21 million pounds ($26 million) for a “textbook failure” in audits...
Financial Reporting Council News
Starting in January 2024, company directors will have to give investors stronger reassurance that annual reports are free of fraud...
The UK’s accounting watchdog is proposing new rules for insurance companies to make sure actuaries factor in climate change risk....
Britain set out sweeping reforms of big company audits on Tuesday after high-profile collapses at builder Carillion and retailer BHS...
KPMG faces a 14.4 million pound ($17.6 million) fine after admitting it misled regulators during spot checks on audits of...
Britain’s accounting watchdog said on Wednesday it has fined Ernst & Young LLP 3.5 million pounds ($4.80 million) over the...
LONDON – Britain’s accounting regulator said on Monday it has opened investigations into the audits of Greensill Capital and Wyelands...
The U.K. accounting watchdog is ramping up misconduct fines after being called useless and toothless by lawmakers irate at the...
KPMG’s audit work in the U.K. is of an unacceptable standard, Britain’s accounting regulator said, fueling calls to reform the...
Misdeeds by the world’s “Big Four” accounting firms should be punished with much bigger fines, Britain’s accounting watchdog was advised...