Big Four

FRC progresses Big Four audit separation process

The Financial Reporting Council (FRC) has signalled a progression to the “operational separation” of the Big Four firms’ audit practices.

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Epiris enters race for KPMG restructuring arm

Private equity firm Epiris has reportedly joined the group of bidders for KPMG’s insolvency business in the UK.

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Deloitte’s restructuring arm acquired by Teneo

Deloitte’s restructuring arm has been acquired by global CEO advisory firm, Teneo.  The deal, which is subject to regulatory approval,…

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KPMG to create 200 new jobs with Belfast expansion

KPMG has announced plans to create a new ‘Centre of Excellence’ in Belfast, as part of a £14m scheme that…

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KPMG partner pay cut by 11% in 2020

KPMG has announced that its average partner distribution in 2020 fell by 11%, from £640k to £572k, amid the ongoing…

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EY to acquire Frank Hirth’s personal tax services business

EY has acquired Frank Hirth’s personal tax service business for an undisclosed sum.  According to EY, 200 employees, and over…

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PwC makes further reductions to ethnic pay gap

PwC has announced that its ethnic pay gap for black, asian and mixed ethnic (BAME) employees including partners has decreased…

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Value of alleged fraud falls 36% in 2020, KPMG finds

The value of alleged fraud fell by 36% to £724m in 2020, down from £1.1bn in 2019, despite lockdown fraudsters…

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KPMG firms in Channel Islands and Isle of Man merge

KPMG’s firms in the Channel Islands and Isle of Man have merged into a single practice operating across the Crown…

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KPMG names Ian Beaumont office senior partner

KPMG has announced the appointment of Ian Beaumont as office senior partner of its Newcastle branch, with the role coming…

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