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Accountancy

  • BDO fined £6.5m after regulator slams it for faking audit evidence

    November 6, 2025

    Business advisory giant BDO has been slapped with a £6.5m fine after two of its former audit engagement partners made admissions of misconduct. The Financial Reporting Council (FRC) launched an investigation after receiving formal complaints about the dishonest conduct of a BDO senior manager between 2015 and 2019, including the creation of false audit evidence, [...]

  • UK and Irish BDO firms set sights on ‘landmark’ mid-market merger

    November 5, 2025

    The UK arm of accountancy and business advisory giant BDO is in merger talks with its Irish counterpart, highlighting a clear ambition for growth. The potential merger would be a landmark moment for both businesses. It would create one of the biggest accountancy firms in Europe, focusing on the entrepreneurial, growing, and ambitious mid-market heartland. [...]

  • MHA: Revenue jumps in first results since IPO

    August 14, 2025

    Listed accountancy firm MHA revenue soars 45 per cent over the last financial year to £224.2m in the group's first result since launching onto the London Stock Exchange earlier this year

  • British body tames AI audit frontier with world’s first global standard

    July 21, 2025

    BSI has published the world’s first international standard to help ensure the quality of audits and protect against a ‘wild west’ of unchecked AI providers

  • Private equity boom: Nearly 9 in 10 accountancy firms approached last year

    July 21, 2025

    The interest in UK accountancy firms from private equity houses is at an all-time high, as exclusive data revealed the appetite for 'a major injection of funds' is on both sides

  • Shell forced to file amended US filings after EY broke audit rules

    July 2, 2025

    Shell is to file amended regulatory filings after Big Four firm EY told the energy giant it broke audit rules

  • Big Four: US fines Deloitte, PwC and EY over exam cheating

    June 26, 2025

    The US accountancy regulator has fined the Dutch arms of Deloitte, PwC, and EY $8.5m over 'widespread exam misconduct'.

  • Vibe shift: Gen-Z accountants ditch partnership ambitions for start-ups

    June 25, 2025

    Accountant students aspire to start their own business, marking a generational shift away from the traditional route

  • Big Four giants eye AI assurance tools to tap in on client concerns

    June 3, 2025

    The majority of the Big Four giants are developing a new audit system for AI tools as they hope to tap into a new revenue stream

  • ‘Stewardship shouldn’t feel like box-ticking’ – FRC chief

    June 3, 2025

    FRC chief executive exclusively shared with City AM his main focus of overhauling its key City code was "reducing the reporting burden"

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