UK’s Business Lobby Group Sets Out Proposals for Change After Misconduct Scandals June 1, 2023 By Pan Pylas Britain’s leading business lobby group set out a series of proposals Wednesday that it hopes can secure its future following...
CBI President Says Business Group May Not Survive Sexual Assault Scandal April 25, 2023 By Sabah Meddings The Confederation of British Industry may not survive a scandal triggered by rape claims among staff, its president said, as...
Update: Major UK Companies Abandon CBI Following Second Rape Claim April 21, 2023 By Katie Linsell, Sabah Meddings, Thomas Seal and Laura Benitez A swathe of major UK companies, ranging from banks to supermarkets, have resigned from the Confederation of British Industry as...
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...
Americanas’ $4B Accounting Scandal Puts More Scrutiny on PwC’s Auditing Record February 8, 2023 By Vinícius Andrade, Barbara Nascimento and Amanda Iacone A $4 billion accounting shortfall would typically raise alarm bells for an auditor. Somehow, a PricewaterhouseCoopers LLP affiliate didn’t catch...
PwC Sued by Auditor Over Head Injury Suffered During ‘Pub Golf’ Work Event August 23, 2022 By Gaspard Sebag An auditor at PricewaterhouseCoopers LLP sued his employer over a serious head injury he suffered during a work event that...
UK Accounting Regulator Probes Greensill and Wyelands Bank Auditors June 28, 2021 By Huw Jones LONDON – Britain’s accounting regulator said on Monday it has opened investigations into the audits of Greensill Capital and Wyelands...
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...
Grant Thornton Staff in UK Want to Stay Home After Pandemic, in New Blow to the Office April 7, 2021 By Olivia Konotey-Ahulu In a fresh blow to the office, staff at one of the UK’s largest accountancy firms have given strong support...
PwC Announces Hybrid Post-COVID Working Model for UK Staff April 5, 2021 By Olivia Konotey-Ahulu PricewaterhouseCoopers will give UK staff Friday afternoons off this summer and allow them to choose the amount of time they...