LONDON, May 24 (Reuters) - A UK competition probe could define the future of the "Big Four" accounting firms after the European Union delayed its reform of the multi-billion euro sector until after it ...

The UK’s Financial Reporting Council (FRC), the regulatory watchdog for the accounting industry, has set a deadline of June 2024 for the Big Four accounting firms to separate audit practices from the ...

Auditors hired by Facebook to inspect the servers and systems of Cambridge Analytica have called off a search of the data firm's office at the request of UK officials. Auditors hired by Facebook to ...

Large audit networks in the UK and several professional bodies have urged the Financial Reporting Council (FRC) to stop routinely naming the companies under investigation. According to a Financial ...

LONDON, March 30 (Reuters) - Competition authorities should probe the world's "Big Four" auditing firms, which failed to warn supervisors about the risks banks were running before the financial crash, ...

UK financial auditing watchdog, the Accountancy and Actuarial Discipline Board (AADB), is to launch a probe into the auditors of collapsed UK travel group, XL Leisure Group. The UK operations of the ...

On 16 March 2020, the UK Financial Reporting Council (FRC) issued updated guidance for auditors which may be facing practical difficulties in carrying out audits as a result of the COVID-19 pandemic.

LONDON (Reuters Breakingviews) - For years, Britain’s auditors and their regulator appear to have stood by as companies overlooked a crucial law on capital maintenance and creditor protection. This ...

In our Reality Check stories, Herald-Leader journalists dig deeper into questions over facts, consequences and accountability. Read more. Story idea? hlcityregion@herald-leader.com. Problems with the ...

The collapse two years ago of one of the U.K.’s largest contractors stalled numerous projects, including two flagship National Health Service hospitals that were already in trouble. The failure of ...

Several well-reported corporate failures, including Carillion, BHS and Patisserie Valerie, significantly impacted the perception of the profession. In turn, they also raised questions about the ...

The UK’s national standards body, the British Standard Institution (BSI), is reportedly set to unveil a new standard for companies that independently audit artificial intelligence tools in a bid to ...