Bosses to be held responsible for accounting errors in major shake-up of audit rules By Mark Shapland For The Daily Mail Published: 01:14 GMT, 17 March 2021 | Updated: 01:39 GMT, 17 March 2021 Senior executives will be on the block for accounting errors in a major shake-up of audit rules. In reforms to be … Read more
Deloitte Diversity champion, 49, quits role amid ‘bullying probe’: Self-styled ‘LGBTQ+ ally’ ‘steps down’ as accounting giant investigates her ‘aggressive communication’ methods EXCLUSIVE: Dimple Agarwal was UK deputy chief executive at Deloitte Diversity champion faces allegations of bullying from staff, reports Telegraph Colleagues have accused her of ‘communicating aggressively’, say the reports Ms Agarwal was instrumental … Read more
Advertising agency WPP has admitted to understating its losses by hundreds of millions of pounds after an embarrassing accounting debacle. In a highly unusual error, it said its statutory losses were mis-stated by £301million for the first six months of this year. It means the record half-year loss of £2.6billion that the world’s largest advertising … Read more
Ministers must start providing data on the ‘the real costs of Covid-19’ on people’s lives, including throttling of NHS care and the economic impact of lockdown, a top Tory warned today. Sir Graham Brady said the Government had ‘a duty to take into account the best interests of the nation as a whole’ but could not … Read more
Fury over delays to accounting shake-up: MPs hit out a year after Thomas Cook collapse By Francesca Washtell For The Daily Mail Published: 21:51 BST, 13 July 2020 | Updated: 21:51 BST, 13 July 2020 MPs have slammed the Government for ‘dragging its feet’ on audit reforms and bringing in a new accounting industry regulator. … Read more
BUSINESS LIVE: Car dealer Lookers warns of suspected fraud; Tesco accounting probe ends By This Is Money Published: 07:56 BST, 8 June 2020 | Updated: 07:56 BST, 8 June 2020 Car dealership Lookers has warned it might have to suspend its shares after the business discovered a potential fraud in its accounts. The Financial Reporting … Read more
Watchdog exposes Galliford’s £94m accounting errors sending shares crashing 18% By Daily Mail City & Finance Reporter Published: 23:27 GMT, 12 March 2020 | Updated: 00:32 GMT, 13 March 2020 Accounting errors by Galliford Try inflated its net assets by more than £94million. The construction business’s mistakes were uncovered by the Financial Reporting Council (FRC), … Read more
Accounting watchdog urged to investigate KPMG over £58m accounting scandal at Ted Baker By Daily Mail City & Finance Reporter Published: 21:48 GMT, 9 February 2020 | Updated: 18:00 GMT, 10 February 2020 The accounting watchdog has been urged to investigate KPMG over a £58m accounting scandal at Ted Baker. The fashion retailer previously warned … Read more
NMC Health shares are suspended by the watchdog after accounting debacle at the FTSE 100 hospital group sees its top brass forced out The troubled hospital group fired its chief executive Prasanth Mangat last night American investment firm Muddy Waters first highlighted the problems at NMC By This Is Money Reporter Published: 10:36 GMT, 27 February 2020 … Read more