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FRC

KPMG investigated over Entain audit

Big Four accountancy firm probed over gambling company audit

1 min read

‘Muppets and miscreants’ don’t speak for auditors, FRC boss says

By Justin Cash

2024-10-22T23:00:00Z

2 min read

Regulation FRC Accountancy Professional services

Audit watchdog frees up corporate governance code in bid to keep UK on top

By Justin Cash

2024-01-22T08:15:08Z

3 min read

FRC Professional services Regulation

'Frankly, a good explanation illustrates better governance more than a situation where a board defaults to compliance with a specific code provision'

Accountancy body head says up threshold for fines to secure new talent

By Justin Cash

2024-01-04T07:25:04Z

3 min read

Accountancy FRC Professional services

Michael Izza fires parting shot at FRC ahead of his departure

PwC cleared in Intu Properties audit probe

By James Booth

2023-12-19T08:57:42Z

1 min read

Accountancy Financial Reporting Council FRC PwC

Shopping centre-owner Intu collapsed in 2020, putting auditors in the spotlight

City chiefs: Audit regulator must boost competitiveness

By Justin Cash

2023-11-16T12:36:13Z

3 min read

Accountancy FRC Politics Regulation

The Financial Reporting Council watered down a set of corporate governance proposals last week

Wanted

Rising Stars of European Finance 2025

Bilal Jafar

MiCA: Crypto exchanges flock to Europe amid regulatory clarity

Citadel to pay $24,000 a month to interns

Ex-Millennium portfolio manager to launch $200m hedge fund

An Audience With

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Keith Skeoch: Reform the audit sector before another blow-up

By Justin Cash

2023-10-30T04:01:32Z

6 min read

FRC Asset Management Keith Skeoch Professional services An Audience With An audience with

'Let’s hope we don’t have to wait for the next corporate crisis'

KPMG fined record £30m over Carillion auditing scandal

By James Booth

2023-10-12T06:48:28Z

2 min read

Accountancy Carillion FRC KPMG

Outsourcing and construction company Carillion’s collapse in 2018 was a major corporate scandal (James Beck/Bloomberg via Getty Images)

Audit watchdog names new CEO as Sir Jon Thompson heads to HS2

By Justin Cash

2023-07-31T11:49:29Z

1 min read

Accountancy FRC People Professional services Regulation

Former Civil Aviation Authority head Richard Moriarty takes on 'broad and important remit' at FRC

Watchdog calls out BDO and Mazars over poor progress on audit quality

By Justin Cash

2023-07-06T07:42:34Z

1 min read

Accountancy FRC Professional services Regulation

Sector improves quality scores, but the regulator wants to see more

KPMG and PwC fined by regulator over Eddie Stobart audits

By James Booth

2023-06-29T06:54:07Z

2 min read

Accountancy FRC KPMG PwC

KPMG and PwC are the latest firms to be hit with sanctions from the audit watchdog

'They have the resources available to increase the pay levels of more junior people that they want to attract into their firms' Sir Jan du Plessis says

Pay junior auditors more if you want to attract staff, watchdog’s chair says

Audit salaries are lagging other City professions that have seen wages at the lower ranks spiral

'You look at things like financial audits which are pretty robust now. That didn’t happen overnight'

KPMG’s global ESG boss backs tougher climate audit rules

John McCalla-Leacy tells FN he welcomes stricter oversight from the FRC on green reporting

Under Sir Jon Thompson’s watch, the FRC has been preparing for the switch, which requires legislation from the government

FRC chief executive set for exit to lead HS2

Sir Jon Thompson will continue as chief executive of the FRC on a part-time basis until the end of his six months’ notice period

The FRC should have offered a burnt-out staffer an alternative position, according to a judge

Audit regulator unfairly dismissed ‘exhausted and stressed’ employee, tribunal finds

The FRC treated a stressed manager unfairly, an employment hearing has decided

Filter by Topic

Why has HSBC failed? Former bankers blame the stifling culture and bureaucracy

Jefferies associate’s death puts banks’ brutal hours under scrutiny again

Ex-Moelis banker Jonathan Kaye who left after punching incident to join Rothschild

Clifford Chance swipes second Skadden corporate lawyer

Lazard could top 15 MD hiring target: ‘We see a lot of interest in joining the platform’

On the Move

CMS private equity duo heads to McDermott

Ex-McDermott managing partner Yunis leaves for Pillsbury

Trading Places: Moelis puncher lands new job, Clifford Chance hits Skadden again

Audit regulator tightens rules with new register

2022-08-19T06:19:06Z

3 min read

Accountancy FRC Professional services Regulation

PwC fined £2.5m over BT fraud audit failures

By James Booth

2022-08-08T08:16:58Z

1 min read

Accountancy FRC PwC

The Financial Reporting Council found that PwC failed to act with sufficient scepticism in relation to BT’s adjustments during its 2017 audit

KPMG blames Carillion directors in fight against £1.3bn negligence claim

By James Booth

2022-07-29T17:27:39Z

3 min read

Accountancy Carillion Big Four FRC KPMG

KPMG has fought back against allegations its negligence led to massive losses for Carillion’s creditors

Ex-KPMG junior escapes fine in Carillion document forging case as senior auditors banned from practice

By James Booth

2022-07-25T06:59:38Z

4 min read

Accountancy Carillion FRC KPMG

KPMG and several of its former staff have been sanctioned for misleading inspectors probing the firm's audit of Carillion

EY audit quality slides ahead of potential split

By James Booth

2022-07-20T07:39:48Z

3 min read

Accountancy EY Grant Thornton audit FRC KPMG PwC Deloitte

FRC review comes as a decision on dividing the firm nears

FRC

KPMG investigated over Entain audit

‘Muppets and miscreants’ don’t speak for auditors, FRC boss says

Audit watchdog frees up corporate governance code in bid to keep UK on top

Accountancy body head says up threshold for fines to secure new talent

PwC cleared in Intu Properties audit probe

City chiefs: Audit regulator must boost competitiveness

Bilal Jafar

MiCA: Crypto exchanges flock to Europe amid regulatory clarity

Citadel to pay $24,000 a month to interns

Ex-Millennium portfolio manager to launch $200m hedge fund

Keith Skeoch: Reform the audit sector before another blow-up

KPMG fined record £30m over Carillion auditing scandal

Audit watchdog names new CEO as Sir Jon Thompson heads to HS2

Watchdog calls out BDO and Mazars over poor progress on audit quality

KPMG and PwC fined by regulator over Eddie Stobart audits

Pay junior auditors more if you want to attract staff, watchdog’s chair says

KPMG’s global ESG boss backs tougher climate audit rules

FRC chief executive set for exit to lead HS2

Audit regulator unfairly dismissed ‘exhausted and stressed’ employee, tribunal finds

Most Read

Why has HSBC failed? Former bankers blame the stifling culture and bureaucracy

Jefferies associate’s death puts banks’ brutal hours under scrutiny again

Ex-Moelis banker Jonathan Kaye who left after punching incident to join Rothschild

Clifford Chance swipes second Skadden corporate lawyer

Lazard could top 15 MD hiring target: ‘We see a lot of interest in joining the platform’

On the Move

CMS private equity duo heads to McDermott

Ex-McDermott managing partner Yunis leaves for Pillsbury

Trading Places: Moelis puncher lands new job, Clifford Chance hits Skadden again

Audit regulator tightens rules with new register

PwC fined £2.5m over BT fraud audit failures

KPMG blames Carillion directors in fight against £1.3bn negligence claim

Ex-KPMG junior escapes fine in Carillion document forging case as senior auditors banned from practice

EY audit quality slides ahead of potential split

FN Law

CMS private equity duo heads to McDermott

Ex-McDermott managing partner Yunis leaves for Pillsbury

Orrick’s Dusseldorf drama and the SKKY’s the limit for Latham