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Regulators
Mark Armour retires from board of FRC
On reaching the conclusion of his term of office this month, Mark Armour will step down from the board of…
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Big Four
Bathstore goes into administration putting 500 jobs at risk
Bathroom retailer Bathstore has appointed BDO as administrators as the company attempts to be sold as a going concern. The…
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Big Four
Deloitte announces changes to its People & Purpose leadership team
Deloitte has appointed Sharron Pamplin as the partner for human resources in the UK. Pamplin joins the firm from Atkins,…
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Audit
Grant Thornton acts to further strengthen audit as a specialism
Grant Thornton has set out new measures to further strengthen audit as a specialism at the firm including a £7m…
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Crime
Five people arrested over Patisserie Valerie ‘accountancy fraud’
The Serious Fraud Office has confirmed that five people have been arrested in connection with fraudulent activity at embattled cafe…
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Administrations
Pod sold to ASK Italian owner in pre-pack administration
Pod Food Limited has been sold to Azzurri Group, owner of the ASK Italian, Zizzi, Coco di Mama and Radio…
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Accounting Firms
AAB’s Edinburgh office reaches £1m target in a year
Independent chartered accountants and business advisors, Anderson Anderson and Brown (AAB), is celebrating its Edinburgh office hitting its £1.5m revenue…
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HMRC
Tax gap remains low
The tax gap for 2017/2018 is 5.6%, HM Revenue and Customs (HMRC) confirmed today. This means that HMRC collected 94.4%…
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Audit
43% of charities have not changed auditor in 10 years
Some 43% of charities used the same auditor for the past 10 years while audit fees to the UK’s largest…
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Accounting Standards
KPMG US fined $50m for altering audits
The Securities and Exchange Commission (SEC) has charged KPMG with altering past audit work after it received stolen information about…
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