KPMG | News | Accounting | Page 2

An overview of global KPMG news:

United Kingdom

KPMG imposes self-enforced ban on non-audit work for FTSE 350 Reports circulated by the UK media have stated that KPMG is to stop undertaking non-audit work for FTSE-350 companies whose accounts it supervises.
09 November 2018
United Kingdom

Big Four accounting firms brace for competition probe from CMA As pressure continues to mount on the top figures of the auditing and advisory industry, the dominance of the Big Four in the accounting arena will now be the subject of a landmark competition probe.
15 October 2018
United Kingdom

Big Four firms wary of Sports Direct's hunt for new auditor As competition rules have led to Grant Thornton having to stand aside as the auditor of Sports Direct, the retail group has been left struggling to replace the firm.
19 September 2018
United Kingdom

British furniture company appoints KPMG administrators A UK furniture producer has appointed administrators from Big Four firm KPMG, following a rocky start to 2018 for retailers and their suppliers.
07 August 2018
South Africa

Deloitte to become joint auditor of Old Mutual alongside incumbent KPMG South African financial services and insurance firm Old Mutual has added global professional services firm Deloitte as an auditor, in addition rival firm KPMG, which has been Old Mutual’s auditor for
25 July 2018
Malaysia

KPMG says previous audits invalid in latest Malaysia 1MBD development In the latest 1MBD development, one-time auditor KPMG has informed the scandal-hit Malaysian state-fund that its previous audits are invalid.
29 June 2018
United Kingdom

'Unacceptable deterioration' in auditing sees KPMG censured by FRC The Financial Reporting Council has taken unprecedented steps to monitor the auditing work of KPMG.
28 June 2018
United Kingdom

Big Four maintains dominance of FTSE 100 and 250 audits Despite building pressure on watchdogs and UK lawmakers to break up the Big Four, the top accounting and advisory providers remain dominant in the UK auditing market after the first quarter of 2018.
04 June 2018
United Kingdom

FRC mulls KPMG investigation over Conviviality auditing KPMG could face investigation by the Financial Reporting Council over its role in the collapse of Conviviality.
01 May 2018
United Kingdom

Auditor questions Northamptonshire council consultant's role Cash-strapped Northamptonshire County Council has come under fire from multiple angles, following the institution cutting £40 million from its budget amid claims it had wasted money on frivolous acti
13 April 2018
United Kingdom

KPMG faces Carillion auditing investigation Professional services firm KPMG is set to be investigated by the UK’s Financial Reporting Council over its role in the collapse of construction firm Carillion.
31 January 2018
United Kingdom

Watchdog probes Deloitte audit of Mitie accounts Britain's accounting watchdog is investigating Deloitte's auditing of Mitie Group, the outsourcing company that issued a string of profit warnings last year.
08 August 2017
United Kingdom

European report calls for greater regulation of Big Four auditors A survey on global tax avoidance, prompted by the Panama papers scandal in 2016, has called for new measures to hold the auditing practices of Big Four firms Deloitte, EY, KPMG and PwC to account.
10 July 2017
United Kingdom

KPMG boosts revenues to $24.4 billion, Advisory leads growth Accounting and consulting giant KPMG has realised revenues of $24.44 billion for its latest fiscal year, booking an 8% increase in local currency terms, up from 6% in the previous year.
14 December 2015
United Kingdom

KPMG UK and Metro Bank provide new SME service Metro Bank and KPMG have joined forces to deliver a service to small business owners that reduces their administrative burden by more than 90%.
13 October 2015
United Kingdom

KPMG launches internal probe into audits of FIFA KPMG International has launched an internal probe into its Swiss arm’s audits of FIFA.
29 September 2015
Australia

KPMG Australia transitions towards consulting from accounting KPMG Australia consists of both a robust accounting and advisory practice and will attempt to transform its image from accounting to consulting.
20 August 2015
United Kingdom

KPMG Australia shifts from accounting to consulting KPMG Australia is seeking to transform its image from accounting to consulting.
20 August 2015
United Kingdom

35 most talented accounting & advisory professionals Platform Accountancy Age has released the 2015 edition of its ‘35 under 35’ ranking. This list recognises the 35 most talented accounting and advisory professionals under the age of 35.
26 May 2015
United Kingdom

KPMG revenue grows to 424.8 billion, driven by Advisory KPMG has in its latest fiscal year booked a record-high global revenue of $24.8 billion, roughly 6% higher than its turnover in the previous year.
10 December 2014
United Kingdom

KPMG UK launches new integrated offering for SMEs KPMG has launched KPMG Enterprise, a £40 million investment to extend its services to mid-market firms.
30 October 2014
United Kingdom

KPMG adds 102 directors in UK, one-third are female Accounting and consulting firm KPMG has announced the promotion of 102 directors in the UK. With the latest round of promotions the total number of directors in the Big 4 professional services firm stands at 871 – a 13% increase fr
13 October 2014
United Kingdom

KPMG, Grant Thornton and PwC win IAB 2014 award Last week the International Accounting Bulletin (IAB) announced the winners of its global awards. Among the finalists were several professional services firms also active in the consulting industry. KPMG turned out one of the
25 September 2014
United Kingdom

KPMG buys US professional services firm Rothstein Kass Accounting- and consulting firm KPMG has agreed to buy Rothstein Kass, the 19th largest professional services firm in the United States. Terms of the deal have not been disclosed yet based on the size of Rothstein
01 July 2014
United Kingdom

Big4 have 73% share in the UK accountancy market It should be no surprise that both the European Union and local governments are eagerly looking forward to introducing regulations to increase competition in the accountancy market. A new survey of Accountancy Age in the United Kingdom once again clear
10 September 2012
United Kingdom

Spain is hiring Big4 firms for independent audit banking Spain has picked the "Big Four" accounting and consulting firms PwC, Deloitte, KPMG and Ernst & Young to carry out independent detaile
07 June 2012

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