The accounting industry is urging the government to prioritise reform of the sector following the appointment of Kwasi Kwarteng as business secretary.
Michael Izza, chief executive of the Institute of Chartered …
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The overwhelming majority (99%) of European institutional investors expect a convergence between ESG and non-ESG products by 2022 – and 77% of them plan to stop purchasing non-ESG products in the same year.…
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It has become one of the most disparaged – and lampooned – regulatory institutions of this century.
The Financial Reporting Council’s (FRC) oversight of the audit profession has been dubbed everything from ramshackle to …
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Accounting giant PricewaterhouseCoopers has been slapped with a $7.9m penalty for violating the Securities and Exchange Commission’s (SEC) financial reporting and auditor independence rules.
The regulator found PwC had engaged in ‘improper professional …
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Big Four fail in one in five audits
The world’s four biggest accounting firms have been exposed for botching at least 20% of their audits following an inspection by the Public Company Accounting Oversight Board (PCAOB).
In the most …
Read MoreThe government investigator charged with examining the collapse of the three Icelandic banks, Ólafur Þór Hauksson, has confirmed that 22 policemen and six French and Norwegian accountants have raided the offices of KPMG and PricewaterhouseCoopers (PwC) in Reykjavik, seizing documents …
Read MoreThe Accountancy and Actuarial Discipline Board (AADB) has announced that it will investigating PricewaterhouseCoopers LLP and its staff in relation to its role as auditor to struggling sub-prime lender Cattles Plc.
As previously reported on Manifest-I, Cattles has sacked six …
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