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EY appoints over 600 partners globally

EY has promoted 675 of its staff across the network's member firms to the role of partners and brought its total staff count to 190,000 globally.The partners promotion is the highest ever in the...

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GGI adds member firm in Australia

GGI has added Australian firm Cummings Flavel McCormack to its association. Based in Melbourne Cummings Flavel McCormack has nine executive directors and 55 professionals.Cummings Flavel McCormack...

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HLB adds five member firms

HLB International has added member firms from Guyana, Greece, Panama, Nicaragua and Bosnia and Herzegovina to its network.HLB new members firms are:Bisheswar, Seebarran & Co., based in Georgetown,...

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British economy to overtake France's by 2020 - PwC

The UK is poised to overtake France and close the gap with Germany, rising to become the second largest economy in the EU by the year 2020, while the United States and China will continue to dominate...

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PCAOB finds former PwC partner guilty of audit standards violation

The Public Company Accounting Oversight Board (PCAOB) has issued a disciplinary order against former PwC partner Randall Stone for violating PCAOB rules and standards.The order bars Stone from...

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PwC appoints vice chairwoman and global human capital leader

PwC has appointed Nora Wu as vice chairwoman and global human capital leader, effective 1 July 2014.Wu is serving as PwC Shanghai office senior partner and Central China markets leader. She trained as...

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Insurance industry hails Solvency II cost and complexity

By Steffen MüllerThe insurance industry fears high cost and distraction from the day-to-day business through the implementation of the European Commission's Solvency II directive, a Grand Thornton UK...

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IAB Awards 2014 finalists named

Finalists have been announced for this year's IAB Awards, drawn from what judges called a "very strong and diverse set of submissions" sent during the nomination period.The winners will now be selected...

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Banks lag behind IFRS 9 implementation

By Steffen MüllerMore than a third of banks surveyed by Big Four firm Deloitte have yet not started the implementation of IFRS 9 Financial Instruments, expected to come into force by 1 January 2018.In...

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Duff & Phelps acquires RSM Farrell Grant Spark's restructuring division

By Steffen MüllerGlobal advisory firm Duff & Phelps (D&P) has acquired the restructuring and insolvency division of RSM International Irish member firm RSM Farrell Grant Sparks ( RSM...

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PrimeGlobal elects directors for Asia Pacific & Oceania

PrimeGlobal has elected Tomoyuki Shinkai and George Venardos to its Asia Pacific & Oceania board of directors.Shinkai is managing partner at Cosmos & Co, a PrimeGlobal member firm headquartered...

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KPMG makes senior appointments to UK cyber security practice

KPMG has appointed Del Heppenstall as director and Giles Watkins as partner to its UK cyber security practice.Del Heppenstall joins KPMG from Deloitte and will lead KPMG's teams across both the...

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GGI adds Argentinean firm

Geneva Group International (GGI) has added Argentinean firm Chinni Seleme Bugner & Asociados to its association.The Neuquén based firm has three partners and 15 staff specialising in audit, tax and...

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SEC and EY settle for $4m over auditor independence breech

The Securities and Exchange Commission (SEC) has charged EY with violations of auditor independence rules, which has resulted in a settlement costing EY $4.07m.The SEC found that EY's subsidiary...

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KPMG UK expands competition economics practice

KPMG UK has appointed Josh White as associate director to the firm's competition economics practice.White will work within the KMPG competition economics practice, which was set up in January 2011 by...

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PrimeGlobal makes appointments to EMEA board of directors

By Steffen MüllerPrimeGlobal has appointed officers and members to its Europe, Middle East and Africa (EMEA) board of directors.Florent Burtin has been appointed chairman of the EMEA board of...

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PwC UK appoints asset management leader

By Steffen MüllerPwC UK has appointed Mark Pugh as asset management leader.Pugh has been an assurance partner at PwC for 10 years and is taking over his new role from Paula Smith, who is returning to...

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KPMG UK invests £20m in big data analytics

By Steffen MüllerKPMG UK will invest £20m in a partnership with Imperial College London (ICL) to create a centre of advanced business analytics.The KPMG Centre for Advanced Business Analytics will...

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PwC UK appoints management leader

PwC UK has appointed Mark Pugh as asset management leader.Pugh has been an assurance partner at PwC for 10 years and is taking over his new role from Paula Smith, who is returning to the United States...

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Crowe Horwath US appoints James Powers as future CEO

Crowe Horvath US has appointed James Powers as chief executive officer of the network's US operations, effective 1 April 2015.Powers is currently serving as the managing partner of the firm's...

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