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(...)

A man walks past a branch of Patisserie Valerie in London, Britain, in October 2018. File photograph: Simon Dawson/Reuters

Five more people have been arrested in the investigation into the collapse of British cafe chain Patisserie Valerie after accounting irregularities we(...)

Two of KPMG’s most senior female partners have quit the firm in anger over its handling of bullying allegations.

KPMG has been reported to Britain’s accounting watchdog by a former employee who has urged the regulator to investigate how the Big Four firm respond(...)

Photograph: iStock

KPMG has been fined £5 million (€5.8 million) and will face regular scrutiny by the accountancy watchdog as part of sanctions handed down over its aud(...)

Between them KPMG, PricewaterhouseCoopers, Deloitte and EY control more than 90 per cent of UK audits for large companies.

The “Big Four” accounting firms should be forced to legally separate their “cash cow” consulting work from their auditing businesses, a UK Parliament (...)

Britain’s accounting watchdog will be dismantled and replaced by a new stronger regulator that can issue harsher penalties and directly intervene in how companies present their accounts. Photograph: Getty Images

Britain’s accounting watchdog will be dismantled and replaced by a new stronger regulator that can issue harsher penalties and directly intervene in h(...)

Chief executive of building materials group CRH Albert Manifold received €8.659m in total remuneration in 2017 including basic pay of €1.44m. File photograph: Cyril Byrne

Chief executives at top Irish companies received total remuneration packages of more than €2.3 million on average in 2017, a new report drawn up by th(...)

European Union and British reforms introduced in the past two years to increase audit market competition ended up with companies switching between the Big Four rather than hiring smaller rivals. Photograph: iStock

Britain needs a new watchdog to shake up the country’s “Big Four” accounting firms and reduce their dominance of the market for auditing companies’ bo(...)

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