The UK’s Financial Reporting Council (FRC), the regulatory watchdog for the accounting industry, has set a deadline of June 2024 for the Big Four accounting firms to separate audit practices from the ...
The U.K.'s Financial Reporting Council published its annual inspection and supervision results Thursday of the largest audit firms — BDO, Deloitte, EY, Grant Thornton, KPMG, Mazars and PwC — and said ...
Travel management companies have pocketed tens of millions of dollars in commissions and hidden mark-ups when handling ...
The UK government does not know how much it spends on consultants, despite a push to cut its bill for external advisers, ...
Mandatory audit firm rotation was not among the measures the U.K. Competition Commission (CC) proposed Monday to promote competition in the statutory audit services market. But the CC did include ...
Deloitte said on Friday its UK audit operations would have a standalone board from January to meet tougher regulatory requirements aimed at improving industry standards after a string of company ...
On Thursday the U.K. Information Commissioner's Office fined Facebook 500,000 pounds (about $642,249) for its involvement in the Analytica debacle, BBC News reports. The agency went a step further, ...