Senator says US regulator needs to take tougher line against ‘repeat offenders’
Fewer US students are taking up accountancy, and 75% of CPAs are near retirement
Big Four accounting firm tries to manage cash flow issues by deferring 2% of annual compensation
Administrators say inspection of general ledger would have ‘quickly’ led to identification of fraud
Head of financial services division becomes first woman to run day-to-day operations at a Big Four British business
Financial Reporting Council says outside investment into the sector would bring risks
Buyout firms EQT and Permira also in running for mid-tier accountancy firm
Larger firms will have to set up an oversight board with at least one independent outsider
Race to succeed Hywel Ball will see weeks of soundings with partners over trio of candidates
Big firms are battling against proposed rules on external oversight
Big Four firm given its second-biggest public sector mandate before Labour pledged to reduce reliance on external firms
Carlyle, Blackstone and Permira among firms considering buying a stake in mid-tier accountant
Expected punishment for work on failed property developer’s accounts would be toughest by Beijing against a Big Four firm
Academic says she was forced to delay publication of paper highlighting pressure on smaller audit firms
Revelan is seeking about £6.6mn for loss and damages after claiming consulting firm ‘failed to accurately calculate tax due’
PCAOB boss says deficiency rates remain ‘unacceptable’ across largest accounting firms
The stakes of a fight over ‘astronomical’ profits in low-tax countries are visible only in fine print
Preserving the best parts of the business model while bringing in cash will be required to make this trend add up
Takeover by the US’s only publicly traded accountancy creates a twist in the profession’s wave of consolidation
Financial Reporting Council review finds shortcomings in firms’ audits for fourth straight year
Mid-tier outfits under increasing pressure to overhaul networks as more clients want international services
Hubert Barth and four other current and former EY employees punished by German audit watchdog
Firm tells partners to ‘stay calm’ as exodus of companies prompts lay-offs and cost cuts
Accounting firm’s US arm proposes takeover of UK and Irish businesses
The Big Four firm curtails bonuses and perks for some UK divisions
