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The industry’s failure to spot holes in the accounts of several collapsed companies has led to clamour for reform
The Wirecard scandal has highlighted the urgent need for reform
A lost opportunity to prevent future scandals; Boohoo shares shake off sceptics
Professional services firm tells staff ‘crisis has caused additional strain’ forcing it to reduce costs
In Part 7 of legal sector responses to the pandemic: junior lawyers grapple with exam delays and small living spaces; FT hackathon teams take on the ‘justice gap’; and what the legal sector is reading on FT.com
Data privacy is focus for FT hackathon designs to make legal support open to all
This week: The CMA boardroom coup behind Andrew Tyrie’s shock exit
Concerns centre on exams and missing out on office networks and mentoring
Firms should have ‘obligation to find fraud rather than stumble over it’, says City heavyweight Donald Brydon
EY’s Wirecard omission is latest failure to check on where big companies store their money
Deregulation and new business models are fertile grounds for scams, but regulation lags progress
Senior partners advised to tell clients objective of fraud was to ‘deceive investors and EY’
Watchdog’s powers to be transferred to BaFin as deputy finance minister calls for ‘radical solutions’
Auditor of insolvent payments group under fire for failing to detect fraud
We highlight 27 top in-house lawyers. Plus: Companies double down on ESG after the pandemic; requirements for a start-up mindset; making people matter in times of strife; and a radical makeover at Panasonic
We highlight 27 in-house counsel — and their expanding influence
Lawyers who merge business, law and technology are redefining corporate legal departments. Plus: five general counsel who stand out for developing new products
General counsel Laurence Bates helped manage corporate scandals and improve diversity
Young companies say goodbye to the ‘department of No’. Plus: five general counsel that stand out for a start-up mindset
Accountancy regulator Financial Reporting Council announces probe into auditing.
Groups reduce costs to weather decline in work caused by pandemic
Three firms signed off books with clean bill of health before LCF went into administration
FT readers reveal their experiences with the probate system
Shares of payments group crash as it says a third party may have tried ‘to deceive’ its auditor
Some news from Aschheim.
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