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Lack of competition and a regulatory drive to improve quality drive costs higher
Chartered Institute of Internal Auditors tells regulator Ofwat it is concerned about in-house oversight
Firm plans to focus on higher value M&A transactions
Nearly 100 junior consultants will be eligible for promotion in January 2025 instead of July this year
New figures detail cost to Big Four firm of unsuccessful effort to separate consulting arm
Government audit proposals come as concern mounts about financial health and oversight of councils
The cuts would come on top of the redundancies the Big Four firm already announced in September
Just 95 charges brought in England and Wales in year to March 2023, down from 174 in previous 12 months
Partners take home £746,000 on average but remain lowest paid of the Big Four
Anonymised statistics to be used in parts of the business to increase compliance of hybrid working guidelines
Auditor’s head of operations steps up following the surprise departure of David Dunckley
Overhaul of rules falls well short of original proposals floated in wake of several high-profile corporate failures
Internal backlash to consulting firm’s restructuring and slower growth make for tougher-than-expected leadership contest
Hywel Ball will continue to lead Big Four firm beyond its mandatory retirement age of 60 as policy comes under scrutiny
Chief operating officer Malcolm Gomersall takes over day-to-day running of firm until successor is found
Consulting group elevates Belgian Christophe De Vusser to succeed Manny Maceda
About 75,000 staff to be given access to ‘PairD’ tool with advice to validate ‘accuracy and completeness’
Buyout groups hope to roll smaller companies into bigger businesses to attract larger clients
Regulator to perform fewer inspections after firm reduces its number of ‘public interest entity’ audits by more than 70%
Sébastien de Montessus was fired as chief executive of the gold miner after sending an alleged irregular payment instruction
Head of accountancy body says changes needed to make profession more attractive
Local authority racked up debts of £1.3bn and faces losses of £275mn from investments
Auditors and regulators consider ways to strengthen oversight and hold management to account
Fintech says it remains committed to UK banking licence application
Board members complained about law firm’s high fees and being kept in the dark
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