Auditing News

• January 29, 2019 EY Replaces Deloitte as Capital Group’s New External Auditor EY has replaced Deloitte as new external auditor of the FTSE 250 firm Capital Group (ICG) for the fiscal year ending March 31, 2021. ICG had previously said that it must appoint a new external auditor for the ...
• December 3, 2018 Need to ‘think small’ on audit standards As per ACCA (Association of Certified Chartered Accountants), Standard setting bodies/ institutions should make sure that the standards on auditing should have a simpler structure and language in order to address the ...
• November 27, 2018 Deloitte Replaces PwC as Lloyds Bank New External Auditor PwC has been replaced by Deloitte as Lloyds banking group’s new external auditor for the fiscal year ending December 31, 2021. The said decision resulted in ending of a 153-year relationship between the Lloyds banking ...
• November 21, 2018 Oman Regulator Suspends KPMG from Beginning New Audits for a Year Securities regulator in Oman has suspended the big four firm KPMG from auditing entities for a year following an investigation that found major financial irregularities at some listed companies. The regulator has ...
• November 14, 2018 Redrow Appoints KPMG as its New Statutory Auditor FTSE 250 firm Redrow has replaced PwC with KMPG for the financial year commencing July 1, 2019. The appointment of the big four firm KPMG is subject to shareholders approval at the company’s next annual general meeting ...
• November 12, 2018 Air Partner Replaces Deloitte with PwC as its New External Auditors Private jet operator Air Partner plc has replaced Deloitte with PwC as the group’s new auditor. The FTSE 250 firm has decided to appoint PwC as its external auditors for the financial year ending January 31, 2019 after ...
• October 26, 2018 European Auditors Publish their Work Plan for 2019 The European Court of Auditors (ECA) has set aid provided by the state to banks as one of the main priorities as part of their work programme for the year 2019. The ECA has said that it plans to address a number ...
• October 24, 2018 ACCA Signs MOU with the Chamber of Auditors of Republic of Kazakhstan ACCA (the Association of Chartered Certified Accountants) have signed an agreement with the Chamber of Auditors Kazakhstan (COA) to further develop and support the audit profession in Kazakhstan. As per the MOU ...
• October 17, 2018 BDO is Set to Replace PwC as JKX Oil & Gas New External Auditor JKX Oil & Gas, a British-based exploration and production company, listed on the London Stock Exchange, is set to replace BDO with PwC as its External auditor. The company has said in a statement that BDO are ...
• August 7, 2018 PwC Replaces Deloitte as Auditor of Flybe Independent airline operator Flybe has decided to replace Deloitte with PwC as its new auditor for the fiscal year ending March 31, 2019. This decision by the airline operator will see Deloitte replaced by PwC after ...