Auditor Mazars halts work with Binance Too hot to handle Mazars has ceased work on providing proof-of-reserves statements with Binance, Crypto.com and other crypto firms.
Mazars: UK business reports third straight year of double-digit growth Professional Services Mazars has reported that its UK business saw a third straight year of double-digit growth despite tough economic conditions and competition within the sector.
Mazars UK business posts ‘record’ growth as firm pushes to tackle Big Four’s dominance Accounting Mazars today said its UK audit business grew 37 per cent over the previous year, as the accounting firm seeks to take on the Big Four and capture a larger share of the market. Mazars’ UK business posted “record” growth, despite rising costs, after its revenues increased by more than a fifth (23 per [...]
Mazars discriminated against XTX Markets’ Russian owner, lawsuit says August 8, 2022 London trading company XTX Markets is suing accountancy firm Mazars over claims it discriminated against its founder, Alexander Gerko, by refusing to work with the firm due to Gerko’s Russian citizenship. The algorithmic trading firm filed its case against Mazars over the accounting firm’s refusal to provide payroll services to its subsidiary, XTX Markets Technologies, [...]
Merciless verdict: Accounting watchdog FRC slams BDO and Mazars for ‘unacceptable’ audits July 20, 2022 Auditors BDO and Mazars have been called out for the “unacceptable” quality of their work by the accounting watchdog. The Financial Reporting Council (FRC) said there has been “some improvement” across the auditing sector amid heavy scrutiny following failings linked to the major collapses of firms such as Carillion. FRC chief executive Sir John Thompson [...]
Mazars hit with £250,000 fine over audit failure January 6, 2022 One of Britain’s largest accountancy firms has been slapped with a £250,000 fine over auditing failures of a local authority’s 2019 financial statements. The Financial Reporting Council (FRC), the accounting regulator, said that Mazars’ audit of an unnamed local authority “fell far short of the applicable standards and regulations” and had the “potential to undermine [...]
Partner at Mazars, Nargis Yunis CA, on the power of mentoring October 28, 2021 London-based CA and Partner at Mazars, Nargis Yunis CA, talks to ICAS about the power of mentoring. Nargis, who is third generation British-Pakistani from the Midlands, moved to London when she started training as a CA with PwC. Since graduating in 2006, she has built a career in wealth and asset management: “I have enjoyed [...]
Audit giant Mazars ups size of London offices with new City premises next to Old Bailey court May 9, 2022 French auditor Mazars is set to move into new City of London premises after setting out plans to expand the size of its office space by 10 per cent. The accountancy firm is set to move from its current offices in Tower Bridge House to new, larger City of London premises at 30 Old Bailey. [...]
The Notebook: George Lagarias on why we’ve all been asking the wrong question about inflation January 15, 2024 George Lagarias, chief economist at Mazars, takes the Notebook pen to talk inflation, films and Winter Wonderland.
Are UK restaurants struggling to ‘keep their heads above water?’ October 30, 2023 A combination of "pressures" could be to blame for struggling UK restaurants, noted associate director at Mazars Paul Maloney.