Praxity’s MNP to merge with Ontario firm
Canadian Praxity member firm MNP is to merge with Wade Group Professional Services, effective 1 September 2013.Wade Group is based in Burlington, Ontario, and has 5 partners and 30 staff that offer...
View ArticleBaker Tilly UK looking to buy RSM Tenon
RSM Tenon said in a statement on the London Stock Exchange (LSE) that it is currently in discussions with Baker Tilly UK that may lead to the firm making an offer to buy RSM Tenon."The company has been...
View ArticleUnilever's audit up for tender
Global household products manufacturer Unilever is to invite accountancy firms to tender for its statutory audit contract when PwC complete their audit of Unilever's accounts for the year ending 31...
View ArticleAnalysis: Is five year retendering going to have the desired effect?
This week's decision by the UK Competition Commission to introduce five year mandatory retendering for FTSE350 companies as part of its provisional final remedies report got a mixed reaction from the...
View ArticleFRC tribunal finds Deloitte UK in breach of standards
The UK Financial Reporting Council (FRC) tribunal found Deloitte UK and the firm's former partner Maghsoud Einollahi in breach of the Institute of Chartered Accountants in England and Wales's code of...
View ArticleGerman firm joins GGI
German firm BVNT Binz Vogel Stuttgen Hagedorn has joined Geneva Group International (GGI).The Cologne based firm was founded in 1985 and has 20 professional staff, including 4 partners.It offers tax,...
View ArticleIIRC framework needs external assurance rules: BDO
In a supportive response to the international integrated reporting framework launched by the International Integrated Reporting Council (IIRC), BDO International highlighted the need to develop a...
View ArticleKPMG strengthens UK teams with appointments
KPMG UK appointed James Wakelin to its real estate advisory team. With 11 years of real estate investment and financing experience, he will join the London based team to provide strategic advice,...
View ArticleAlliott Group adds new member in Hong Kong
Alliott Group has added Hong Kong firm Lawrence Cheung CPA. to its association.The firm was established in 1978 and provides accounting and business advisory services to a diverse array of clients.The...
View ArticleRSM study reviews global business creation
The BRIC countries have outperformed the advanced industrialised economies in business creation since 2007, a study by RSM has found.RSM researched data on business 'births' and 'deaths' in 35...
View ArticlePwC sued for €1bn by Quinn Insurance administrators
PwC is being sued for €1bn (£864m) by the administrators of collapsed Irish company Quinn Insurance.Grant Thornton, the administrators, are alleging that Quinn Insurance could have avoided loses had...
View ArticleGerman and Icelandic firm join Praxity
Praxity has added German firm H/W/S and ENOR in Iceland to its association.Praxity said H/W/S was one of the first audit and tax firms in Germany and now has six offices in Stuttgart employing 120...
View ArticlePwC UK to replace Deloitte UK as Hargreaves Lansdown Group’s auditor
PwC UK is to replace Deloitte UK as FTSE 100 independent financial service provider Hargreaves Lansdown Group's auditor from 24 October 2013.The move is still subject to shareholder approval.Deloitte...
View ArticlePwC US appoints advisory leader
PwC US appointed Miles Everson as the firm's US advisory leader, effective immediately.Everson will oversee over 10.000 professionals focusing on consulting, deals and forensic services.Previously,...
View ArticleAnalysis: Baker Tilly UK’s interest in RSM Tenon
Last week RSM Tenon announced Baker Tilly UK has expressed interest and was reviewing the potential opportunity to buy the firm. This interest in a firm with a wobbly recent history might come as a...
View ArticleBDO US revenues up 10%
BDO US revenues were up 10.5% to $683m in the year to 30 June 2013.BDO US reported double digit growth in assurance (11%) and tax (16%), however consulting revenues slumped 8%.Consulting services...
View ArticleKPMG UK appoints new leadership to its tax litigation practice
KPMG UK announced three appointments to its tax litigation practice and a change of its leadership structure.Amanda Brown has been tasked with heading up the tax and litigation practice. Previously she...
View ArticleBDO Eastern Caribbean expands to Anguilla
BDO Eastern Caribbean operations have added a member firm in Anguilla, effective 1 August 2013.BDO Eastern Caribbean's territory consists of St Lucia and St Vincent & the Grenadines. The new BDO...
View ArticleBaker Tilly International adds firm in Bosnia and Herzegovina
Baker Tilly International has added former PKF International Bosnia and Herzegovina member firm to its network.Baker Tilly Re Opinion, formerly PKF Re Opinion, is based in capital Sarajevo and has...
View ArticlePwC wins HSBC audit
HSBC, the UK's largest bank by asset base, has chosen PwC as its external auditor as of 2015, which will end a 14-year audit relationship with KPMG.KPMG will continue in the role of auditor for the...
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