Auditing News

• 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.
• 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 ...
• 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 ...
• 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 ...
• 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 ...
• 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 ...
• 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 ...
• 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 ...
• January 13, 2021 M&G Decides to Appoint PwC as its External Auditor Britain based Investment manager M&G has decided to appoint PwC as its new external auditor thus replacing KPMG which had been the firm’s statutory auditor since 1999 M&G is a well-known investment manager t ...
• October 18, 2020 Top 10 Audit Firms in Dubai – United Arab Emirates In the present world, auditing has become one of the essentials of every company, big or small. Being a business enterprise in Dubai means you’re operating in one of the top industrial hubs of the WORLD. This puts more p ... Views: 22434 ∙ Comments: 1