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Group refunded bank millions of pounds after its work ‘went badly wrong over an extended period’
‘Overhiring’ in some areas has led consultancies to make job cuts, say recruiters and analysts
Big Four auditor to double its employment in region while trimming jobs and pay elsewhere in UK
Plus the courtroom drama behind Apollo’s $500mn loan sale and another Greensill-related legal fight
Big Four accounting firm has been hit by slowdown in demand for some services
Partnership needs to find a new leader before it can countenance external approaches
US buyout group had proposed to take stake in consulting arm
Deal with private equity group would allow Big Four firm to revive break-up plan
Plus, Harvey Schwartz confronts a big challenge at Carlyle
Prominent split backer Andy Baldwin faces hurdles in push to succeed Carmine Di Sibio
Asian trustee of German payments firm admits fabricating documents
Resignation comes as firm nears conclusion of probe into failures related to handling of staff cheating scandal
Lord David Gold will conduct a review of planning and processes behind ‘Project Everest’
Big Four firm’s initial estimates show jump in deficiencies found in work by overseas auditors
Contract for bank enlarged by Credit Suisse takeover will require firm to call in staff from other countries
Fee tussle comes as Beijing increases scrutiny of western accounting and consulting firms
S&P 500 companies paid $5.3bn in 2022, up just 3.2% as they held line on costs
Amid greater numbers of increasingly complex rules, legal teams are guiding businesses on sustainability
Consulting firms such as Accenture are taking over as companies become overwhelmed by technology
Work on doomed Everest project cost more than $600mn and triggered bitter infighting
Cancelled projects and pressure to lower fees point to a year of upheaval in professional services
Regional chair Julie Boland puts loyalists in top posts amid rethink of governance at Big Four firm
Hywel Ball will be allowed to work beyond Big Four firm’s mandatory retirement age of 60
Why EY identified “a potential risk of bias or fraud through management manipulation by manual adjustments”
Regulatory reform of the audit industry is still unfinished business
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