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(...)

KPMG’s financial performance will come as a relief following a series of reputational setbacks in the UK and overseas over the past 18 months. Photograph: iStock

Big Four accountancy firm KPMG has reported revenues rising at their fastest rate for a decade in the UK, despite the blow to its reputation from the (...)

The UK Financial Reporting Council said it was looking into the audits by Grant Thornton of the financial statements of Patisserie Holdings for  2015, 2016 and 2017. Photograph: Reuters

The UK’s accountancy watchdog said on Wednesday it had begun an investigation into the audits of cafe chain Patisserie Valerie, which came close to co(...)

Dublin branch of Patisserie Valerie on Henry Street. Photograph: Nick Bradshaw

Uncertainty surrounds the future of the two Irish outlets of UK bakery chain Patisserie Valerie after its finance director Chris Marsh was arrested a (...)

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