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...
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...
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...
Brexit Creates Opportunities for Specialist Legacy Acquisition Insurers October 18, 2019 By Carolyn Cohn Britain’s impending departure from the European Union is creating expansion opportunities for specialist general insurers who buy and manage policies...
Ukraine’s Largest Bank, PrivatBank, Files $3B Lawsuit Against PwC Subsidiaries April 2, 2018 Ukraine’s largest bank, PrivatBank, said on Monday [April 1] it had filed a $3 billion lawsuit against the Ukrainian and...
Cyber Attacks Pose Greatest Threat to UK Businesses, Investors: PwC Survey February 26, 2018 By Mark Burton Investors and chief executives say cyber attacks pose the greatest threat to businesses operating in the U.K., outweighing other material...
From Bermuda to Switzerland, Reinsurers Lure Variety of Potential Investors February 9, 2018 By Katherine Chiglinsky and Sonali Basak The $500 billion reinsurance industry is experiencing a flurry of deal talks. One reason: Companies are finally for sale as...
UK Accounting Regulator Urged to Slap Larger Fines on ‘Big Four’ Firms November 22, 2017 By Huw Jones Misdeeds by the world’s “Big Four” accounting firms should be punished with much bigger fines, Britain’s accounting watchdog was advised...