AGN International expands to Slovakia
AGN International has expanded into Slovakia with the addition of Leon Tax.The firm's 13 staff and two partners offer tax services out of their Bratislava office.AGN International said the firm...
View ArticleGGI expands to Zimbabwe
Geneva Group International has added Zimbabwean firm Matamba & Company to its association.The Harare based firm is GGI's first in the country, and offers audit, tax, accounting and company...
View ArticleEuropean audit oversight bodies share inspection reports
In a move to improve audit quality in Europe through the co-operation of national regulators, the European Audit Inspection Group (EAIG) has launched a pan-European database compiling inspections...
View ArticleKPMG global revenues up 1.7%
KPMG's global revenues have increased 1.7% to $23.42bn in the year to 30 September.In local currency comparison revenue growth was 3.7%.KPMG reported strong growth in advisory services with revenues up...
View ArticleUK FRC to target bank audits
The UK Financial Reporting Council (FRC) has said it will launch a specific review in the second quarter of 2014 to address the quality of bank and building societies audits, as it acknowledged...
View ArticlePCAOB to review effects of non-audit services expansion: Doty
The Public Company Accounting Oversight Board (PCAOB) is looking into the effects of audit firms expanding by offering more non-audit services, according to PCAOB chairman James Doty's speech at the...
View ArticleHLB adds Puerto Rican firm
Global audit and accountancy network HLB International has signed new member Parissi PSC CPA, based in San Juan, Puerto Rico.Parissi was established in 2002 and provides audit and accounting, tax and...
View ArticleFTSE 350 non-audit fees for auditors fall by a quarter
Non-audit fees contributed 51.7% of the total audit fee for the average FTSE 350 company audit in 2013, a 24% drop on the 68% recorded in 2012, according to Grant Thornton UK's annual Corporate...
View ArticleGGI expands to Kazakhstan
Global association Geneva Group International (GGI) has added Kazakhstani firm G-Global.The firm is based in Kazakhstan's capital, Almaty, and is GGI's first in the country.The firm's 12 staff provide...
View ArticleKPMG UK cost cutting increases profitability, but leaves revenues flat
KPMG UK's revenues have increased by just 0.4% to £1,782m ($2,112m) in the year to 30 September 2013, while profits increased by 27% to £455m and average partner pay increased by 23% to £713,000 per...
View ArticleAgreement reached on the EU audit reform
The Lithuanian presidency of the Council of the European Union (EU) and the European Parliament have agreed on the framework of the EU audit reform this morning, the EU Council has announced.If the...
View ArticleProfession remains cautious on EU preliminary agreement of audit reform
The accounting profession has welcomed the preliminary agreement between the Lithuanian presidency of the Council of the European Union (EU) and the European Parliament (EP) on the framework of the EU...
View ArticleEU settles on 10 years mandatory audit rotation
A period of 10 years mandatory rotation is among the key elements of the agreement reached earlier today between the Lithuanian presidency of the Council of the European Union (EU) and the European...
View ArticleEU member states give green light to 10 years audit rotation
The Committee of Permanent Representatives (COREPER) has approved the agreement reached yesterday between the Lithuanian presidency of the Council of the European Union (EU) and the European Parliament...
View ArticleProfession braces for EU audit reform with mixed expectations
The favourable vote from a qualified majority of members of the Committee of Permanent Representatives (COREPER) has cleared one the final hurdles to finalise the reform of the audit market in the...
View ArticleUK FRC fines EY for Farepak’s audit work
The UK Financial Reporting Council (FRC) has fined EY UK £750,000 ($1.2m) after the firm admitted their conduct in relation to Farepak Food and Gifts' 2005 financial statements fell below what is...
View ArticleMazars acquires Deloitte UK subsidiary
International network Mazars has acquired Deloitte Public Sector Internal Audit (DPSIA), a subsidiary of Deloitte UK that provides internal audit services to local government and health...
View ArticlePKF adds third UK firm
PKF International has added UK firm Cooper Parry to its global network, as it seeks to rebuild its former UK stature.The network was temporally left without a UK representative after PKF UK joined BDO...
View ArticleKreston International adds Indian and Dutch firms
Kreston International has added Indian firm R K Singhania & Associates (RKS) and Dutch firm ALH van Herwijnen (ALH).According to the network, Tiel-based ALH has 35 staff and 4 partners.RKS, based...
View ArticleBDO US adds firm in Pittsburgh
BDO US has added in to Pittsburgh-based firm Alpern Rosenthal, which came into effect 16 December.Alpern Rosenthal, which provides accounting and consulting services, has also offices in Philadelphia...
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