Businesses sceptical of OECD BEPS project
Businesses across the world are sceptical about the success of the Organisation for Economic Co-operation and Development's (OECD)'s Base Erosion and Profit Shifting (BEPS) initiative, due to a lack...
View ArticleGrant Thornton UK appoints female CEO as Barnes’s term comes to an end
Sacha Romanovitch has been elected as chief executive of Grant Thornton UK and will succeed current chief executive Scott Barnes in June 2015. The appointment makes Romanovitch the only female chief...
View ArticleINPACT International adds member firm in Turkey
INPACT International has added Turkish firm HSE Bağımsız Denetim ve SMMM to its association.
View ArticleForum of Firms elects new chair
PKF International Africa regional director Theo Vermaak has been elected as chair of the Forum of Firms (FoF), effective January 2015.
View ArticleUS and Chinese regulatory standoff continues
The US Security and Exchange Commission (SEC) has again granted an extension order to the court hearings on the six months ban prohibiting Big Four Chinese firms to provide services to US listed...
View ArticleUK government kick-starts EU audit implementation, takes up 10+10 rotation...
The UK Department for Business, Innovation and Skills (BIS) has started the debate on the options left by the EU audit reform by publishing a discussion paper aimed at gathering the views of...
View ArticleKPMG UK revenues up 5% but profits are down
KPMG UK has reported revenues of £1,874m ($2.9bn) in the year to 30 September 2014, up 5%, while profits before tax have dropped by 9% and average partner pay remained flat.
View ArticleSEC sanctions Baker Tilly Hong Kong
The US Securities and Exchange Commission (SEC) has sanctioned Baker Tilly Hong Kong, as well as two of the firm's top members of staff for their failure to correctly audit the financial statements of...
View ArticleBaker Tilly in the UK reports double digit growth thanks to Tenon acquisition
Baker Tilly in the UK (Baker Tilly), former member firm of Baker Tilly international, which has now joined RSM international, has reported 47% growth in in the year ending 31 March 2014 up to £245m...
View ArticleFRC to investigate PwC UK over Tesco accounting blunder
The UK's Financial Reporting Council (FRC) has launched an investigation into the work of PwC as external auditor to Tesco, as the accounting scandal surrounding the UK grocery giant appears far from...
View ArticleUK Survey: EU membership issue creeps closer to centre stage
With the possibility of a vote on EU membership seeming more likely, and the first signs of economic recovery taking hold, this year has seen the UK buffeted by political and economic change. As the...
View ArticleKreston International adds member in West Africa
Kreston International has added member firm Exactt Consulting to its network in West Africa.
View ArticleFRC launces second investigation into PwC UK this week
The UK's Financial Reporting Council (FRC) has launched an investigation into the conduct of PwC UK as auditor to Barclays Bank.
View ArticleINPACT International adds member firm in Turkey
INPACT International has added Turkish firm HSE Bağımsız Denetim ve SMMM to its association.
View ArticleUC&CS and Reanda sign cooperation agreement
Networks UC&CS Global and Reanda International have formalised an agreement to cooperate on new business opportunities in Latin America and Asia Pacific.
View ArticleGrant Thornton UK acquires cost auditor RCAG
Grant Thornton UK has acquired Recovery Cost Auditing Group (RCAG), a billing audit firm specialising in the telecommunications and energy sectors.
View ArticlePrimeGlobal adds firm in California
PrimeGlobal has added Southern California-based accounting firm Martini, Iosue & Akpovi to its association in North America.
View ArticleBDO reshuffles its Greek operations
BDO International has replaced its member firm in Greece, BDO Hellas, with the firm resulting from the split late last year of Baker Tilly's member in the country, Baker Tilly Hellas.
View ArticleRSM global fee income up 18%
RSM International has reported an 18% year-on-year increase in its global fee income to $4.4bn for the financial year ended 31 December 2014.
View ArticleMSI Global Alliance adds firm in Romania
MSI Global Alilance has added accounting firm Contabilul Tău to its association in Romania.
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