Former KPMG partners charged over PCAOB data leaks

Former PCAOB employees allegedly leaked confidential data to KPMG to help it pass audit inspections US regulator the Securities and Exchange Commission (SEC) has charged six accountants, including three former KPMG partners, over the exchange of confidential audit inspection information…

RSM announces growth across every business line in 2017

RSM, the sixth largest network of independent tax, audit, and consulting firms, delivered growth across every business line in 2017. It also saw global expansion, moving into eight new countries and gaining many more client referrals. The expansion reflects RSM’s…

RSM sees 9% increase in annual revenues

Audit, tax and consulting firm RSM has announced a 9% increase in UK annual revenues to £319m. For the financial year ending March 31, 2017, the company also saw UK profits grew by 16% to £5m, while profits for RSM…

PwC in Paradise as it adds capacity for another 1,000 staff

PwC is adding capacity for another 1,000 people in Birmingham after it agreed to extend its footprint in Paradise. It has signed up for a further 60,000 sq ft in the £700m development, which is currently under construction. Matthew Hammond,…

EY to audit Standard Chartered bank

EY will replace KPMG, who have audited Standard Chartered since 1970 Following a competitive tender process, EY has been selected to audit FTSE 100 banking group Standard Chartered from the year ending 31 December 2020. Once the terms of engagement…

Accountancy giant reports Midlands growth as revenue hits £2.35bn

EY, accountancy and advisory giant, has reported UK fee income growth of 9.2% to £2.35bn for the year ending 30 June 2017, up from £2.15bn in the previous year and adding over £1.3bn of organic revenue since 2010. Globally, EY…

Top 50+50: Firms post significant growth in new tax and audit rankings

In both tables, PwC leads the way with total UK tax fee income of £822m and audit and accounting fee income of £1.24bn The top 15 tax firms and top 15 audit firms have been released today, based on data…

PwC’s five strategic priorities for becoming ‘the leading professional services firm’

Will the firm achieve its strategic aim of becoming synonymous with innovation? PwC released its annual results earlier this week, with the firm reporting a record revenue of £3.6bn for the year ending 30 June 2017. The figure represented a…

Deloitte global revenues hit record $38.8bn

Revenue growth can be attributed to the firm’s multi-disciplinary business model and client backing, says Deloitte’s global CEO Deloitte has reported annual global revenues of $38.8bn, a record amount that signifies the eighth consecutive year of growth for the firm….

EY reports global revenue growth of nearly 8%

EY has announced combined global revenues of US$31.4bn for the financial year ended 30 June 2017, an increase of 7.8% from the previous year. Revenue growth was strong across all sectors, with double digit growth seen in its Transaction Advisory…