Grant Thornton’s audits of Patisserie Valerie over the three years before the collapse are also under investigation by regulators at the Financial Reporting Council (FRC). Photograph: iStock

The liquidators of Patisserie Valerie are suing Grant Thornton in Britain for £200 million (€221 million) over alleged negligence in its audits of the(...)

 Grafton Street in Dublin recently: Insolvent liquidations are set to spike in the coming months, particularly in the retail, hospitality and tourism sectors. Photograph: Dara Mac Dónaill

As the economy continues to emerge gingerly from a coronavirus-induced coma and companies survey the damage, many are running out of time, putting off(...)

UK regulators have set deadline for the first structural overhaul of the way Big Four auditing firms operate since a string of reviews prompted by the failure of outsourcer Carillion. Photograph: Daniel Sorabji/AFP/Getty Images

The UK’s Big Four accounting firms have until 2024 to separate their audit practices following a severe edict from the accounting regulator that marks(...)

The watchdog said KPMG failed to obtain and document sufficient audit evidence in relation to supplier-funded rebates

Britain’s accounting watchdog fined KPMG and a senior partner on Thursday for failing to challenge what a client was telling them about certain comple(...)

KPMG UK’s culture had become marred by internal politics and bureaucracy.

When Bill Michael was elected chairman of KPMG UK in 2017 on a promise of restoring stability to both its finances and brand, he knew it would be a gr(...)

Grant Thornton has parted ways with a dozen UK partners in a restructuring designed to reverse a five-year financial decline.

Grant Thornton has parted ways with a dozen UK partners in a restructuring designed to reverse a five-year financial decline. The accounting firm inf(...)

PwC UK is considering an overhaul of how its auditors are paid to reduce the risk of conflicts of interest between audit and consulting and head off a(...)

The dismissal of Tim Howarth comes as KPMG has been battling to restore its reputation following a series of unrelated scandals involving its business and individual employees. Photograph: Niall Carson/PA Wire

KPMG in the UK has forced out the head of one of its core businesses after an investigation into his conduct involving messages sent on WhatsApp. Tim(...)

The firm made the decision to resign after Sports Direct informed it of the tax bill just hours before Grant Thornton was due to sign off on the company’s annual results

Grant Thornton, the auditor of Sports Direct International, has told UK regulators it intends to quit its role following concerns over the disclosure(...)

KPMG has been handed a £5 million fine for misconduct in work for BNY Mellon, the world’s largest custodian bank, over breaches that were described as “truly exceptional” by British regulators.  Photograph: Niall Carson/PA

KPMG has been handed a £5 million fine for misconduct in work for BNY Mellon, the world’s largest custodian bank, over breaches that were described as(...)

  • 1
  • 2
  • 3
  • 4
  • 5
  • Next
  • Last »