More players needed in the statutory audit market: Mazars UK
Mazars UK said there was public interest need for additional players in the FTSE 350 audit market in its response to the Competition Commission's (CC) provisional findings report.In the response,...
View ArticleSEC ‘likes’ company disclosures via social media
The US Securities and Exchange Commission (SEC) has given the green light for companies to disclose non public information through its social media channels, provided that sufficient steps are taken to...
View ArticleCC provisional findings responses see Big Four and mid-tier split
Top accounting firms' response letters to the UK Competition Commission (CC) reveal a difference of opinion between firms, with the Big Four questioning and the mid-tier welcoming CC's the key...
View ArticlePKF International replaces executive team
Sajjad Akhtar has been named as Wolfgang Hofmann's successor as chairman of PKF International.Previously Akhtar worked as managing partner and founding member of PKF-CAP and as chairman of PKF's...
View ArticleAGN International expand in Egypt and the Philippines
Egyptian firm Mohamed Adel Nassef & Co and Philippines firm Machica-Tan Cruz & Co have joined accounting association AGN International.Machica-Tan Cruz & Co is AGN's first firm in the...
View ArticleBKR International adds Iraqi firm
BKR International has added Iraqi firm, Abou Nasr and Associates, to its association.The firm based in Erbil has three partners and nine staff and specialises in audit, accounting, tax and management...
View ArticlePKFI chairman: we will fill membership gaps
After months of silence from PKF International (PKFI) following the loss of founding member PKF UK, the network has appointed a new leadership team.In an exclusive interview with International...
View ArticleKPMG resigns from two audit engagements following insider trading alert
KPMG US has resigned as auditor of health care group Herbalife and shoe manufacturer Skechers after sacking the head audit partner of the firm's Los Angeles practice.KPMG said it sacked the partner,...
View ArticleRSM appoints chairman of the board of directors
International network RSM has appointed Mike Kirley as chairman of its international board of directors.He is replacing Brian Eaton, who has served as chairman since March 2009, and who will continue...
View ArticleSEC charges KPMG partner with insider trading
Following KPMG's announcement that it sacked its Los Angeles audit practice leader, Scott London, due to an insider trading alert earlier in the week, the US Securities and Exchange Commission (SEC)...
View ArticleE&Y joins KPMG and Deloitte in Myanmar
Ernst & Young (E&Y) has expanded its presence to Myanmar.KPMG was the first Big Four firm to establish representation in Myanmar last October, followed by Deloitte and now E&Y.E&Y said...
View ArticleGrant Thornton US wins Parmalat case dismissal
Grant Thornton US won a dismissal of a lawsuit from Italian dairy company Parmalat that alleged accounting malpractice prior to its 2003 bankruptcy, according to Bloomberg.Parmalat collapsed in...
View ArticleAGN International adds additional Japan firm
Tokyo based firm Ohwa & Co has joined accounting association AGN International.Called Seiritsu Audit Corporation until it changed its name in 2008, Ohwa specialises in audit and assurance, IPO...
View ArticleHLB International adds Norwegian firm
HLB International has added Oslo based firm Revisorkollegiet to its network.The firm, established in 1990, has 40 staff and 7 partners, and provides accounting, audit, tax and corporate finance...
View ArticleVietnamese firm joins PKF International
Vietnamese firm AFC Vietnam has joined PKF international.The firm was previously a member of BDO international, however its membership was terminated when BDO international consolidated its Vietnam...
View ArticleMSI Global Alliance adds Australian firm
MSI Global Alliance has added Australian accounting and financial service firm Cutcher & Neale to its association.The firm specialises in accounting, auditing, tax and advisory services through...
View ArticleRSM adds correspondent firms in Bangladesh and Palestine
RSM has appointed Bangladeshi firms, Nurul Faruk Hasan & Co and Business Consulting Services, and a Palestinian firm, Suleiman & Co, as its correspondent member firms.RSM said that as...
View ArticleIIRC launches integrated reporting framework consultation
The International Integrated Reporting Council (IIRC) has launched its long-awaited consultation draft of the integrated reporting (<IR>) framework, which lays the groundwork for a more...
View ArticleIFAC critical of CC provisional findings
The International Federation of Accountants (IFAC) has responded to the UK Competition Commission's provisional statutory audit market concentration findings, agreeing with some of the CC remedies, but...
View ArticleKPMG UK acquires advisory firm Makinson Cowell
KPMG UK has acquired European equity markets advisory firm Makinson Cowell.Makinson Cowell helps the boards of UK and European companies build relationships with institutional equity investors.KPMG UK...
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