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    Michael O’Dwyer

    Accountancy correspondent

    Email Michael O’Dwyer @_MODwyer   on Twitter (link opens in a new browser window)

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    • Monday, 20 March, 2023
      EY
      EY told to give NMC Health administrators notice of break-up votes

      Firm’s UK arm had argued that request to show it can meet potential $2.7bn penalty was ‘unnecessary’

    • Wednesday, 15 March, 2023
      PwC
      PwC experiments with chatbots to speed up its lawyers

      Technology from start-up Harvey aims to make contract analysis and due diligence quicker

    • Tuesday, 14 March, 2023
      Britishvolt
      Britishvolt owed up to £160mn to creditors when it collapsed

      Battery start-up had just £1.8mn and no IP when it went into administration in January

    • Monday, 13 March, 2023
      EY
      EY US boss signalled wide-ranging concerns over split

      Julie Boland tells partners there are questions about how to protect the audit business and profit targets for consulting

    • Friday, 10 March, 2023
      News in-depthAccounting & Consulting services
      ‘Frustration and chaos’: EY fights to save Project Everest after US rebellion

      Complex plan to split the audit-to-consulting firm now depends on global HQ brokering a deal

    • Thursday, 9 March, 2023
      Accounting & Consulting services
      Deloitte boss rebuts EY’s case for splitting up

      Joe Ucuzoglu publishes point by point defence of Big Four’s multidisciplinary model

    • Thursday, 9 March, 2023
      EY
      EY in disarray as internal war over break-up plan bursts into open

      US boss caught senior leaders off guard by announcing in a partner call that ‘Project Everest’ needed to be reworked

    • Wednesday, 8 March, 2023
      EY
      EY split paused amid partner infighting over fate of tax experts

      US boss says plan to spin off the consulting business needs to be reworked

    • Wednesday, 8 March, 2023
      PwC
      PwC fined by UK watchdog for failings in Babcock audits

      £5.6mn penalty is Big Four firm’s fourth in past year

    • Monday, 6 March, 2023
      The Big Read
      To split or not to split: EY confronts the question

      Plan to break up the Big Four firm would reshape the profession and enrich senior partners, but the landscape has changed since it was first announced

    • Wednesday, 1 March, 2023
      Revolut Ltd
      Revolut’s auditor warns 2021 revenues ‘may be materially misstated’

      Crypto boom helped fintech to first annual profit

    • Friday, 24 February, 2023
      News in-depthAccounting & Consulting services
      Consultants start to cut jobs as boom time ends

      McKinsey and KPMG first to move as clients reduce costs and battle inflation

    • Tuesday, 21 February, 2023
      McKinsey
      McKinsey to cut up to 2,000 jobs in back-office restructuring

      Management consultancy has added 17,000 staff over the past five years

    • Saturday, 18 February, 2023
      Revolut Ltd
      Revolut expected to sign off overdue accounts next week

      Breakthrough after months of delays as auditors pressed fintech over internal controls

    • Friday, 17 February, 2023
      KPMG UK
      KPMG settles with Carillion liquidators over £1.3bn audit negligence claim

      Firm had been accused of missing ‘red flags’ on UK outsourcer before it collapsed in 2018

    • Friday, 17 February, 2023
      Special ReportUK’s Leading Management Consultants
      Warning signs ahead as UK consultancy growth slows

      Tough economic times are both causing drag and creating opportunities in a highly variable sector

    • Thursday, 16 February, 2023
      PwC
      PwC probed over its auditing of collapsed property group Intu

      Fifth live investigation launched into firm’s audits of UK companies

    • Wednesday, 15 February, 2023
      Accountancy
      UK audit regulator risks cementing the Big Four’s oligopoly

      Stricter oversight raises standards but competitors argue it also creates barriers to entry

    • Monday, 13 February, 2023
      EY
      EY quits as auditor of MJ Hudson following ‘loss of trust’

      Resignation comes two months after trading was halted in investment consultancy’s shares

    • Thursday, 9 February, 2023
      HS2
      Jon Thompson to become new chair of HS2

      UK audit watchdog chief takes over as government attempts to rein in rail link’s costs

    • Friday, 3 February, 2023
      Britishvolt
      Australian battery group selected as preferred bidder for Britishvolt

      Recharge Industries beats three rival offers in race to buy UK start-up out of bankruptcy

    • Friday, 3 February, 2023
      EY
      EY under fire over its two roles at battery start-up Britishvolt

      Big Four consultant took over administration of failed company after being paid £500,000 a month as adviser

    • Tuesday, 31 January, 2023
      KPMG UK
      KPMG partner pay climbs as hot deals market overshadows fines

      Average pay hits £717,000 as Big Four firm benefits from rising demand for consulting services

    • Tuesday, 31 January, 2023
      Management consulting
      UK government scraps in-house consultancy as departments prefer Big Four

      Cummings-backed unit had been attempt to reduce spending on private sector advisers

    • Thursday, 26 January, 2023
      PwC
      PwC accused of leak during Quindell deal talks

      High Court hears of ‘shocking breach’ of professional duties by Big Four firm

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