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Preliminary approach underscores private equity’s interest in professional services
Incoming US senior partner Paul Griggs plans to reunify tax division, dismantling predecessor’s model
Apas stops short of establishing criminal intent in Big Four firm’s conduct
Accountancy firm did not want to be associated with former US president’s social media venture
Candidates head to Dubai as race to lead 35,000-strong firm enters final phase
Former US partners hire lawyers in fight for bigger share of the proceeds from New Mountain deal
Penalty is largest in US accounting regulator’s history
Lawyers for former investors in collapsed German payments group claim Big Four firm’s reorganisation made it harder to enforce claims
Gambling group retains long-standing auditor KPMG as EU rotation requirements do not exist for New York listed companies
Colorado’s BF Borgers has built the eighth-largest client list of any US audit firm in just 15 years
Increasing attendance by staff in the office leads to decision on taking on new space
Also in today’s newsletter, exploring the debate around green interest rates
Accounting firm recently agreed to sell a majority stake to New Mountain Capital
Rise in operating profits by a fifth was a result of ‘one-off’ property-related income
Richard Moriarty criticises ‘serious gaps’ in regulatory toolkit of Financial Reporting Council
Big Four firm seeks to conclude years-long crisis triggered by work for defunct payments firm
Offering complementary services can boost firms’ profits but can also erode client trust
It seems that even cold hard accounting cannot be guaranteed to tell the whole human story
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
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