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People Moves
KPMG to axe 65 UK partners
‘Big Four’ accountancy firm KPMG will axe 65 of its UK partners by Christmas, according to a report by the…
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Economy
Total company insolvencies rise to highest level since 2014 in Q3
The number of company insolvencies has increased by 0.4% in the third quarter of 2019, the highest in any quarter…
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Practice
Institute of Financial Accountants announces new industry awards
The Institute of Financial Accountants (IFA) has announced the launch of its new awards event next year. The professional body…
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Accounting Firms
FRC calls for improvements to corporate reporting
The Financial Reporting Council (FRC) has called for improvements to corporate reporting in an open letter to all Audit Committee…
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Accounting Standards
Deloitte partner fined £120,000 by FRC over Serco ‘misconduct’
The Financial Reporting Council (FRC) has fined a Deloitte partner £120,000 over “misconduct”. The regulator published the settlement agreement in…
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Big Four
100% of FTSE 100 companies now audited by the ‘Big Four’
100% of FTSE 100 companies are now audited by the ‘Big Four’ accountancy firms, according to new research from the…
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Accounting Firms
Begbies Traynor acquires Alexander Lawson Jacobs
Begbies Traynor Group has acquired Alexander Lawson Jacobs Limited (ALJ), a London-based insolvency and business recovery practice. According to firm,…
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Audit
Sports Direct appoints RSM UK as new auditor
Sports Direct has announced the appointment of RSM UK Group as its new auditor with immediate effect. It ends a…
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Audit
Majority of public don’t trust current audit system, says Mazars
Just 17% of the public trusts the current audit system, according to a new study by accountancy firm Mazars. The…
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People Moves
Begbies Traynor announces senior hires for new Leicester office
Begbies Traynor has appointment of insolvency practitioners, Martin Buttriss and Carolynn Best, to head up the firm’s new offices at…
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