Big Four firm botched audit work and quality control over several years, Apas concludes in multiyear investigation
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
The advisory firm expects to generate revenues of £137mn in its current financial year
Mainland’s biggest firms opening offices in Asia, US and Africa as they seek to challenge international rivals
The Messina Group is taking a 20% stake in Global Counsel
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
As clients get better at figuring out their own strategies, consultancies must get into the nitty gritty to add value
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
Defendants in suit over multibillion-dollar estate allege ‘industrial-scale forgery’ and ‘apparent criminality’
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
New York-listed group points to ‘uncertain macro environment’
International Edition