MHA: UK arm of Baker Tilly International hit with £120,000 fine by regulator July 9, 2024 The accountancy regulator has issued financial sanctions against MHA, a former partner and a former employee in relation to the audits of MRG Finance UK Plc
Grant Thornton moots deal with private equity firms July 7, 2024 Grant Thornton UK has been testing the waters over a potential deal with a number of private equity groups that would see them buy into the business.
EY UK boss Hywel Ball kickstarts leadership race after stepping down June 12, 2024 Hywel Ball, head of Ernst & Young's (EY) UK business, has told partners at the firm that he will step down as chair, kickstarting a race for one of the most prestigious jobs in British professional services.
City row erupts against proxy advisers over executive pay June 10, 2024 Proxy voting advisers, which recommend how shareholders vote at company meetings, have often blocked votes to hike executive pay
Accountancy watchdog launches probe into UK network firm of Baker Tilly International May 16, 2024 The accountancy watchdog has launched a probe into MacIntyre Hudson over an audit of a unnamed company financial statement
Crowe UK hit with £144,000 sanction for Aseana audit failings May 14, 2024 Accountancy firm Crowe UK has been hit with sanctions by the watchdog over its audit of London-listed Aseana Properties
Unlocking potential: A call to action for Social Mobility May 9, 2024 The macro challenge: worsening global income inequality We have an income inequality crisis and the trend is worsening. Income inequality, that is the unequal distribution of income throughout a population, has become a ubiquitous challenge on a global scale; it is one of the Social Megatrends in the realm of ESG and sustainability. The UK [...]
PwC and EY handed multimillion-pound fines for London Capital & Finance audits May 7, 2024 Three firms, including PwC and Ernst & Young (EY), have been handed fines by the accounting watchdog for their audits of London Capital & Finance (LCF), a minibonds firm which took money from almost 12,000 investors before collapsing in 2019.
Accounting watchdog: We must regulate so there is ‘a net benefit for UK PLC’ May 7, 2024 The head of the country’s accounting watchdog has said the agency must regulate in a manner that has “a net benefit for UK PLC”.
Grant Thornton fined by audit watchdog for failures with local authority pension fund April 8, 2024 The failures included two uncorrected material errors which appeared in the version of the pension fund’s audited financial statements