Canadian Big Four’s audit quality deemed inconsistent
The Canadian Public Accountability Board (CPAB) has warned that audit quality at the Big Four firm is inconsistent, Canada’s audit regulator found that significant inspection findings had increased...
View ArticleRSM UK reports double digit growth after successful rebrand
RSM UK, formerly Baker Tilly in the UK, has reported a 26% growth in the year ending 31 March 2015 up to £292m, following the global network successful rebranding.
View ArticleUK FRC will reorganise its internal structure
The UK Financial Reporting Council (FRC) will announce a change in its internal structure creating two major divisions, one for audit and one for corporate reporting and good governance, FRC CEO...
View ArticleBDO and Baker Tilly merger in Brazil
BDO RCS has acquired Baker Tilly Brasil Auditores & Consultores and could potentially become Brazil’s fifth largest firm.
View ArticleFormer Mitt Romney advisor: Accountants measuring the environment weaken the...
Oren Cass, former director of domestic policy for Mitt Romney and senior fellow at the Manhattan Institute in New York, told this publication that the effect of accountants measuring the environment...
View ArticleBDO reports double digit growth for FY15
BDO total fee income has increased 13% in the year to 30 September 2015, up to $7.3bn, following the completion of 19 successful mergers.
View ArticleBusiness leaders are warming towards carbon-pricing
Business leaders are warming towards carbon-pricing in order to cut emissions, a survey of 1000 executives from around the world has found.
View ArticleAustralian accountants face PM’s idea boom
Australia’s fourth prime minister since 2013 Malcolm Turnbull has promised $1.1bn to unleash an “ideas boom” that will make Australia an “innovation nation”.
View ArticleUK firms are wiping off £187,523 of compliance work every year
UK firms are “writing-off” an annual average of £187, 523 of compliance work before billing it to their clients, according to a benchmarking study by business advisory service Panalitix.
View ArticleTracey McDermott bows out of FCA leadership race
Acting leader of the Financial Conduct Authority (FCA) in the UK has today ruled herself out of taking the top job full time.
View ArticleA call for measuring and communicating on audit quality
Audit quality indicators and transparent communication around those indicators could help assess the auditor’s work and drive audit quality, according to a Federation of European Accountants’ (FEE)...
View ArticleWorld Bank warns of gloomy 2016 for most BRICS nations
The World Bank’s latest global economic report for 2016 warns that a synchronised slowdown in the BRICS economies would have a substantial impact on the rest of the world.
View ArticleIndustry reaction to the release of IFRS 16
The International Accounting Standards Board (IASB) has issued a new accounting standard which requires all leases to be reported on a company’s balance sheet as assets and liabilities in an effort to...
View ArticleEnvironmental and societal risks overtake economic concerns in WEF latest...
While 750 experts responding to a survey by the World Economic Forum (WEF) identified environmental risks as the major concern for the next 10 years, the business community surveyed by WEF is still...
View ArticleBDO's Italian job
BDO Italy has added 50 professionals, including 7 partners, from Grant Thornton to its national offices.
View ArticleMazars reports 15.9% growth in euro and announces megamerger in China
Mazars has reported fee income of €1,252m ($1,363m) in the year to 31 august 2015, up 15.9% on previous year. The network also announced a merged with Chinese audit firm ZhongShen ZhongHuan, offering...
View ArticlePCAOB revokes PKF Hong Kong registration
The PCAOB has settled disciplinary orders against PKF Hong Kong and three employees for failing to cooperate with an investigation of their audits of a US company based in China. Presently this means...
View ArticleForensic data analytics and the human factor
Three out of five senior executives across nine different industries, including the financial sector, plan to increase spending on forensic data analytics over the next two years, according to a...
View Article