Accounting firm cites poor market for mergers and acquisitions and private equity activity
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
Tougher economic conditions prompt companies to cut spending in firm’s key markets
Record interest rates have sent a chill through the market
Race to succeed Hywel Ball will see weeks of soundings with partners over trio of candidates
Big Four firm curbs annual salary bumps for thousands of employees and dismisses a handful of partners
Hefty capital returns to shareholders in reinsurers are expected, with shares likely to follow
Big Four firm found by Financial Reporting Council to have breached fee cap
The stakes of a fight over ‘astronomical’ profits in low-tax countries are visible only in fine print
Hubert Barth and four other current and former EY employees punished by German audit watchdog
UK tax authority was pursuing Conservative donor for income and employment-related taxes
Janet Truncale’s alternative to failed spin-off of consulting arm is criticised for lacking detail
New EY chief rules out reviving plan to split Big Four firm in two
Janet Truncale has told company’s 400,000 staff she wants to simplify operations instead
Big Four firm has carried out review of cost base and is also facing a drop in number of staff leaving
Influential figure tells colleagues it is time to ‘hand on the baton’
Government may look at regulation of Big Four firms, with year-long inquiry concluding they operate in ‘grey area’
UK watchdog imposes penalties during review of group at centre of retail savings scandal
Big Four firm botched audit work and quality control over several years, Apas concludes in multiyear investigation
Preliminary approach underscores private equity’s interest in professional services
Apas stops short of establishing criminal intent in Big Four firm’s conduct
Lawyers for former investors in collapsed German payments group claim Big Four firm’s reorganisation made it harder to enforce claims
Also in today’s newsletter, exploring the debate around green interest rates
