Net zero is important to most businesses but few track supply chain emissions, finds Deloitte November 9, 2022 Net zero is continuing to fall to the bottom of the priority list for most organisations in the UK despite glowing pledges, according to a report by Deloitte today. Just a quarter of public and private sector bodies track emissions across their supply chain, also known as scope 3 emissions, the report in collaboration with [...]
Pandemic widened gap between Premier League and European rivals, says Deloitte August 18, 2022 The pandemic saw the Premier League increase its financial advantage over its rivals in European football, according to a report published today by Deloitte. Despite the almost total absence of ticket revenue as supporters remained locked out of stadiums, Premier League clubs grew revenue during the 2020-21 season and, unlike their competitors, reported improved operating [...]
Deloitte to hire 6,000 new UK staff over next five years August 22, 2022 Deloitte today set out plans to hire more than 6,000 new UK employees over the next five years in a bid to boost the quality of its audit work. The plans will see the accounting firm recruit at least 1,200 audit and assurance professionals each year from 2022- 2027, including around 5,000 new auditors. The [...]
Deloitte becomes last of the Big Four to exit Russia March 7, 2022 Accountancy and audit heavyweight Deloitte has become the last of the Big Four to pull out of Russia, following its invasion of Ukraine – joining EY earlier today. PwC and KPMG announced similar moves last night, citing the Russian government’s actions in Ukraine. Deloitte confirmed last week that it was reviewing its “business and presence [...]
Deloitte denies claims it is set to follow EY by splitting its business in two June 9, 2022 Deloitte has said claims it is considering splitting itself up, and spinning off its consulting business, are “categorically untrue”. The Big Four accountancy firm denied claims it is mulling over a split, after the Wall Street Journal yesterday reported that Deloitte is exploring the options of separating out its global audit and consulting practices. Instead, [...]
Big Four: EY, Deloitte, KPMG, and PwC step on law firms’ toes increasing legal revenue to £1.25bn February 15, 2023 The Big Four accounting firms – EY, Deloitte, KPMG, and PwC – are capturing an ever-larger share of the global market for legal services. The accounting giants are rapidly expanding their legal businesses, in boosting their own sales and taking work away from traditional firms, the research from Said Business School shows. The world’s four [...]
Big Four switch: Alliance Pharma hires Deloitte as its new auditor after KPMG resigns August 8, 2022 Alliance Pharma has appointed Big Four giant Deloitte as auditor after the pharmaceutical company’s go-to for six years KMPG resigned. Deloitte will be the company’s auditor until the end of 2022 and will need to be approved by Alliance Pharma’s shareholders to be re-appointed for 2023. It was appointed following a tender process, which KPMG [...]
Activist investors look to block Deloitte audit appointment over climate failings April 24, 2022 A group of investors including Aviva and Legal & General are readying to move against accountancy giant Deloitte this week in a bid to bar its reappointment as the auditor of FTSE 100 building supply firm CRH. Climate Action 100+, a shareholder activist group of 700 investors with a combined $68tn assets under management, will [...]
Irish accountancy watchdogs raises concerns over Deloitte and EY audits February 28, 2022 Ireland’s audit watchdog has said flagged issues with audits carried out by Big Four accountancy firms Deloitte and EY, after carrying out its annual review of auditors. The Irish Auditing & Accountancy Supervisory Authority (IAASA) said audits completed by Deloitte and EY required improvements, after sampling six sample audits carried out by the firms. By [...]
Deloitte forecasts late flurry of Premier League transfer activity January 24, 2022 Premier League clubs are being tipped to embark on a trolley dash in the final week of the January transfer window. Spending in the English top-flight has already passed £100m this month, eclipsing the total outlay in last year’s Covid-affected winter window. And Deloitte’s Sports Business Group is forecasting a busy final few days before [...]