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 (...)

The FRC code seeks to make company boards more diverse. Photograph: iStock

Companies in Britain must strive to rein in excessive executive pay and make boards more diverse under a new “short and sharper” corporate code, publi(...)

PwC said it was “sorry” that its audit work on BHS fell below the expected professional standards. Photograph: Getty

The UK’s accounting regulator has censured PricewaterhouseCoopers (PwC) and fined it £6.5 million (€7.4 million) over the group’s audit of UK retailer(...)

KPMG’s fine was discounted for settlement to £3.15 million. Photograph: Charles Platiau/Reuters

KPMG has been fined £4.5 million (€5.1 million) by the accountancy watchdog in the UK over its audit of insurance firm Quindell. The Financial Repor(...)

Autonomy was sold to Hewlett-Packard for $11 billion in 2011

Britain’s accountancy watchdog has filed formal complaints against the auditors and two former finance executives of Autonomy, the software business t(...)

Directors at the collapsed engineering giant Carillion were too busy “stuffing their mouths with gold” to worry about the workers and should face the possibility of disqualification, according to a scathing report by MPs. Photograph: PA

British MPs have demanded the big four accountancy firms be referred to competition authorities for potential break-up following the collapse of gover(...)

Grant Thornton’s Irish office said audit work would remain a key part of its strategy to grow its business here.

Accountancy firm Grant Thornton’s Irish partnership will not follow its UK counterpart’s decision to stop bidding for audit work from big listed compa(...)

The intervention comes on the back of a string of high-profile accounting scandals. Photograph: iStock

A UK financial regulator has called for an inquiry into whether the big four accounting firms should be broken up, in a move aimed at ending their dom(...)

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