Auditors ‘complicit’ in company failures, Thomas Cook inquiry says
The ‘Big Four’accountancy firms have been “complicit” in a number of high-profile business failures such as that of Thomas Cook,...
Practice Regulation
NECC leads push to identify money laundering activity
Some 42 businesses have been identified as having potential compliance failings in customer checks, record keeping and identifying risk, as...
CMA may exclude major firms from joint audit rule
The Competitions and Markets Authority (CMA) may exclude the sector’s biggest firms from a new rule which could require businesses...
KPMG faces £4m fine over Co-op Bank audit
KPMG is set to face a £4m fine from the Financial Reporting Council (FRC) over its auditing of the Co-operative...
BUSINESS BITES
INDUSTRY NEWS
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