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June 22, 2023
Failures Shake KPMG's Dominance on Bank Audits
Bloomberg questioned KPMG's reputation as a reliable bank auditor.
KPMG, one of the leading members of the prestigious "Big Four" accounting firms, is facing a significant challenge to its dominance in bank ...
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February 7, 2023
$4 Billion Accounting Scandal Puts More Scrutiny on PwC’s Auditing Record
Brazilian retailer Americanas SA has filed for bankruptcy protection after a $4 billion accounting scandal came to light.
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June 29, 2022
Ernst & Young Auditors Caught Cheating on Ethics Exam
The S.E.C. said the cheating involved hundreds of the firm’s workers from 2017 to 2021, resulting in the largest penalty ever imposed by the agency against an auditing firm.
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December 30, 2021
KPMG Replaces EY as the Insurance Giant’s New External Auditor
The FTSE 100 Listed Phoenix Group Holdings plc has decided to replace EY with KPMG for the financial year ended December 31, 2024
The big four firm EY has been the company’s auditor since 2018 so technically was in a ...
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November 1, 2021
BDO Replaces PwC as Auditor of Sanderson Design Group
AIM listed furnishings group Sanderson Design Group has appointed BDO as its new auditor. BDO replaced the big four firm PwC as the group’s new external auditor
The furnishing group’s decision to appoint BDO as ...
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July 29, 2021
BDO Replaces KPMG as the New Auditor of Caledonia Investments
Caledonia Investments plc has replaced the Big Four firm KPMG with audit and accountancy firm BDO as its new external auditor.
The investment company’s decision to appoint BDO as its new auditor comes after i ...
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June 26, 2021
Rentokil Replaces KPMG with PwC as its Auditor
Listed pest control company Rentokil has dropped the Big Four Firm KPMG as its auditors only after four years since the last audit tender. KPMG had been Rentokil’s auditor since 2009, and the audit firm was reappointed i ...
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May 24, 2021
IAASB Issues Revised Work Plan for the Remainder of 2021
The International Auditing and Assurance Standards Board (IAASB), after consultations with the Public Interest Oversight Board, has issued a revised plan for the remainder of the current year.
The IAASB has ...
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April 6, 2021
BDO Replaces Deloitte as Auditors of Warehouse REIT
Warehouse REIT, a specialist warehouse investor, has confirmed the appointment of BDO as its new auditor for the financial year ending March 31, 2022.
The decision of appointing BDO as the company’s new external a ...
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January 13, 2021
Petrol Giant EG Group Appoints KPMG as its New Auditor
The Big Four Firm Deloitte has resigned from its position of external auditor to EG Group, the company set up by the Issa brothers who recently purchased Asda Stores Limited, and is to be replaced by another Big Four ...
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