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First term was dominated by attempts to repair Big Four firm’s reputation following a series of scandals
Revamp comes after Big Four firm decided against splitting up its audit and consulting businesses
Accounting firms, consultancies and other professional services take outside cash to fund growth
Members’ clubs group records annual loss despite growing membership
Deal with New Mountain Capital is largest to date as PE firms rush into accounting sector
Janet Truncale lays groundwork for when she takes the reins at Big Four firm in July
More than 300 roles cut and 37 partners accelerate retirement as Big Four firm restructures its business
Management criticised for lack of transparency as survey reveals some workers feel ‘deflated’ and ‘insecure’
More firms are experimenting with alternative structures and ownership models
Big Four firm found three senior executives committed ‘significant violations’ of its electioneering rules
Financial Reporting Council says Big Four firm’s audit failed to meet requirements
Mazars issues ‘adverse’ audit opinion on asset management group’s latest accounts
ADM, Chemours, Mattel and NYCB are among groups admitting that weaknesses in controls delayed financial reports
Tougher rules are not enough to explain the huge jump in audit costs for smaller and mid-cap companies
UK firms face calls to address ethics and governance concerns, both internally and with clients
Consultancies recommended by clients and peers, rated by sectors and services
Overall demand looks unlikely to pick up until the end of 2024
Large consulting firms are competing with specialist boutiques for work as clients feel the squeeze
Concern is rising among applicants as Big Four firms cut some junior roles and defer graduate start dates
Blair Nimmo to leave as company losses widen since its sale by the Big Four firm
Consultancy says marketing claims were ‘inaccurate’ and it has never worked for Beijing
Retailer appoints Jon Thompson, who led the FRC during its bitter battle with the group
Lack of competition and a regulatory drive to improve quality drive costs higher
Chartered Institute of Internal Auditors tells regulator Ofwat it is concerned about in-house oversight
Senators say think-tank led by consultancy undermined national security by advising China’s government
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