The Irish Times

KPMG wins UK government contracts despite withdrawing from bidding after scandals

Big Four consultancy secures £10mn of public sector work since saying it would stop pitching

Sun Apr 24 2022 - 16:43

Deloitte UK fined over Mitie Group audit failings

Financial Reporting Council also issued a severe reprimand for the auditing giant

Thu Apr 21 2022 - 08:46

PwC UK faces extended probe over Babcock audits

Accounting regulator to examine 2019 and 2020 audits on top of two previous years

Mon Jan 17 2022 - 15:51

Grant Thornton UK fined £2.3m over Patisserie Valerie audit

Accounting firm missed ‘red flags’ before cafe chain’s collapse in 2018, says regulator

Mon Sept 27 2021 - 11:09

EY to spend €1.6bn on improving audit quality after scandals

Funding part of €8bn plan including training and fraud detection initiatives

Thu Sept 09 2021 - 16:27

EY fined over €4m by UK accounting watchdog over Stagecoach audit

Auditing engagement partner Mark Harvey also sanctioned, Financial Reporting Council says

Wed Aug 25 2021 - 08:20

Grant Thornton UK sued for £200m over Patisserie Valerie audits

Accounting firm accused of negligence for not spotting suspected fraud at cafe chain

Thu Jan 07 2021 - 21:46

Auditors face biggest test since financial crash as Covid-19 and Wirecard rattle

Implosion of Germany’s Wirecard may prompt another attempt at audit reforms, experts say

Fri Jul 24 2020 - 05:30

Big Four told to outline plans for audit split in UK by October

Shake-up comes after audit concern in serie sof high profiel corporate collapses

Mon Jul 06 2020 - 09:53

KPMG UK fined £700,000 for failing to challenge client

Financial Reporting Council fines accounting firm and senior partner Nicola Quayle

Thu Apr 02 2020 - 10:07

Bill Michael has a long fight on his hands to restore KPMG UK’s image

A string of senior departures prompted suggestions of ‘toxic’ culture at some divisions

Tue Jan 07 2020 - 15:57

Grant Thornton cuts UK partner numbers as it seeks improvement

Recent fall in earnings pushes average pay per partner far below rival firms

Tue Oct 08 2019 - 08:10

PwC UK considers giving external body oversight of auditors’ pay

Firm believes it would reduce risk of conflicts of interest between audit and consulting

Fri Sept 27 2019 - 09:39

KPMG UK ousts head of consulting unit after conduct inquiry

Tim Howarth investigated over claims of misconduct involving WhatsApp messages

Mon Aug 12 2019 - 19:09

Grant Thornton to quit as Sports Direct auditor over €674m tax bill

The audit watchdog Financial Reporting Council has been informed of firm’s plans

Tue Jul 30 2019 - 17:58

KPMG fined £5m in UK over ‘exceptional’ breach in BNY Mellon audit

Fines for auditor tops £20m in 12 months, more than penalties for whole industry last year

Wed Jul 24 2019 - 15:40

Five arrested in investigation into collapse of Patisserie Valerie

British cafe chain was plunged into crisis after discovery of accounting irregularities

Sun Jun 23 2019 - 16:25

KPMG reported to accounting watchdog by ex-employee

Former employee wants investigation on how the Big Four firm responded to complaints about a top partner accused of bullying

Mon Jun 10 2019 - 07:59

KPMG fined £5m over UK audit misconduct

Accountancy giant sanctioned over audit of Co-operative Bank in 2009

Wed May 08 2019 - 08:03

Report urges break-up of ‘Big Four’ accounting firms

UK MPs say firms must be forced to separate consulting work from their auditing business

Tue Apr 02 2019 - 08:02

UK accounting watchdog to be replaced by stronger regulator

Audit, reporting and governance authority will be able to issue harsher penalties

Mon Mar 11 2019 - 16:26

Chief executives in top Irish firms received more than €2.3m last year – Ictu

Unions say average worker would need 230 years to earn total package of CRH boss in 2017

Sun Dec 30 2018 - 13:08

Britain needs new watchdog to shake up 'Big Four' accountants

EY, Deloitte, KPMG and PwC check the accounts of 341 of the top 350 UK companies

Tue Dec 18 2018 - 07:43

KPMG UK revenues rise at fastest rate for decade despite audit criticism

Average pay per partner rose 15% to £601,000

Wed Dec 05 2018 - 13:57

Grant Thornton in spotlight over Patisserie Valerie

UK accounting watchdog opens investigation into audits of cafe chain

Wed Nov 21 2018 - 16:45

Uncertainty surrounds Irish branches of Patisserie Valerie

UK chain of bakeries must ‘urgently raise capital’ and has had finance chief arrested

Fri Oct 12 2018 - 13:58

Britain unveils "short and sharper" code for companies

Code seeks to rein in executive pay and make boards more diverse

Mon Jul 16 2018 - 12:23

PwC fined £6.5m over audit of BHS before retailer’s collapse

UK regulator also censures individual audit partner amid ‘misconduct’ finding

Wed Jun 13 2018 - 11:11

KPMG fined £4.5m over Quindell audit

Penalty follows admission of misconduct in relation to audit of insurance firm in 2013

Mon Jun 11 2018 - 08:02

Watchdog files complaint against Autonomy auditors and executives

Move comes a month after software firm’s former CFO was convicted by US jury

Thu May 31 2018 - 17:54

Carillion’s demise spurs call for action against Big Four

Outsourcer’s fate exposed ‘systemic flaws’ in corporate Britain and its ‘toothless’ and ‘feeble’ regulators, say Commons committees

Wed May 16 2018 - 07:45

Grant Thornton Irish arm breaks ranks with UK firm over audit work

Irish arm will not follow UK firm’s move to stop bidding for audit work from big firms

Thu Mar 29 2018 - 12:44

Investigation urged into break-up of big four accountants in UK

UK financial regulator raises case for ‘audit only’ firms

Fri Mar 16 2018 - 11:09

Carillion collapse shows audits have social consequences

As with Anglo, Carillion’s failure shows if auditors take their eye off the ball ordinary people suffer

Tue Jan 23 2018 - 05:25