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Move sets accounting firm apart from Big Four rivals as competition for talent intensifies
Prosecutors concede wire fraud charge cannot stand against former managing partner and PCAOB employee
S&P 500 companies paid $5.3bn in 2022, up just 3.2% as they held line on costs
Big Four firm launches its second round of job cuts this year affecting all areas, including its audit business
Big Four auditor’s work for SVB, Signature and First Republic comes under scrutiny in aftermath of their collapses
The two institutions failed days after issuing annual reports certified by the accounting firm
Men account for 80% of lead Big Four partners on the lead audits of S&P 500 companies
McKinsey and KPMG first to move as clients reduce costs and battle inflation
Reductions in consulting business will affect 700 people
Fines from oversight board total $7.7mn in actions against accountant’s networks in the UK, Colombia and India
Regulator finds deficiencies in 55% of sampled work by Big Four firm’s non-US offices
Accounting firms have put inclusion of women and people from minority groups at heart of recruitment drive
Biggest customers of UAE business sent partners’ statement swearing allegiance to firm
Call to address ‘massive crisis’ after reports of nepotism, cronyism and culture of fear
Two former employees found to have improperly altered work papers
Claims that Herbert Smith Freehills tipped off his employer about his debt problems tied to ski chalet investments
UK regulator says Big Four firm’s 2010 audit of engine maker suffered from serious failings
Forensic investigation uncovered impairment risks but found no evidence of fraud
Scott Marcello to pay penalty for failing to supervise colleagues who received advance warning of inspections
Big Four global accounting duo to cut ties with member firms over conflict
Auditing firm urges staff to vote in poll for legislature that critics say is a ‘sham’
KPMG’s 10% jump in revenue takes aggregate turnover at top firms to $167bn for 2021
Bill Thomas wrote to FRC over threat to publish criticism of firm’s persistent shortcomings
The tally of accounting flaws notched up against the firm has done little to diminish its bottom line
Financial Reporting Council makes formal complaint against accounting firm
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