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Sacha Romanovitch says ‘small cadre’ cannot accept a short-term profit hit at audit firm
Splitting audit and consultancy might be worth considering
John McDonnell pledges to overhaul sector and end what he describes as a ‘cartel’
Standard of 2011 work on asset safeguarding reports ‘fell significantly short’
Roughly 60 per cent of the 1,200 graduates hired this year are joining offices outside the capital
Challengers to Big Four invited to discuss ways to boost competition within sector
NCA to extend use of unexplained wealth orders and target lawyers and accountants
The FRC has been criticised for not being more transparent about its activities
Chief executive says size of group improves auditing as revenues hit record $35bn
Proposals for independent appointment process bear closer examination
Accounting firm proposes radical reform to break the oligopoly of the big four
To improve choice and quality, the Big Four’s share must be capped
Grant Thornton’s fine highlights how conflicts of interest are endemic
Senior partner was on clients’ audit committees and was providing consultancy work
Auditing needs to recover the idea of providing a ‘true and fair’ picture of companies
Firms can be too focused on pleasing customers who are also a source of consulting income
Concession by industry aimed at staving off UK competition investigation
Watchdog has new-found zeal — for naming and fining audit partners
Issues stem from services provided to fashion retailer in commercial court claim
Concerns that audit market is too beholden to the clients whose numbers it vets
Financial Reporting Council slated by wide range of respondents to broad review
Financial Reporting Council caves to political pressure to publish full report
Most listed US and British groups use one of the Big Four, with issues discreetly hidden
Firm chosen to remain joint auditor despite South African controversies
