Deloitte’s UK audit operations to have standalone board

Deloitte’s UK audit operations to have standalone board to meet regulatory requirements aimed at improving industry standards By Daily Mail City & Finance Reporter Published: 21:52 BST, 11 September 2020 | Updated: 21:52 BST, 11 September 2020 Deloitte’s UK audit operations will have a standalone board from January to meet regulatory requirements aimed at improving … Read more

Deloitte faces record £15m fine over audit of software group Autonomy

Deloitte faces record £15m fine over ‘reckless’ audit of UK software group Autonomy before it was sold for £9bn By Matt Oliver For The Daily Mail Published: 21:50 BST, 9 July 2020 | Updated: 21:50 BST, 9 July 2020 Deloitte is facing a record £15million fine over its ‘reckless’ audits of a British software group … Read more

Brussels audit reveals EU officials are STILL on the gravy train 

Champagne Eurocrats: Private jets, fine wine and ‘shooting range rental’ rack up eye-watering sums as Brussels audit reveals EU officials are STILL on the gravy train – with UK contributing £9billion in membership fees this year Almost £400,000  was spent on private jets by Donald Tusk’s administration Other eye-catching sums were  £90,000 on hiring ‘meeting rooms’ at … Read more

Watchdog warns audit firms to up their game and stop misleading

Watchdog warns audit firms to up their game and stop misleading the public and shareholders By Lucy White For The Daily Mail Published: 22:53 BST, 5 May 2020 | Updated: 23:39 BST, 5 May 2020 Beancounters must get better at flagging poor quality audits to avoid misleading shareholders and members of the public, the accounting … Read more

Big four audit firm Ernst & Young faces quiz over NMC role

Accounting watchdog launches investigation into Ernst & Young over its audit of scandal-hit NMC Health By Matt Oliver For The Daily Mail Published: 22:10 BST, 4 May 2020 | Updated: 22:10 BST, 4 May 2020 The accounting watchdog has launched an investigation into Ernst & Young (EY) over its audit of scandal-hit NMC Health.  The … Read more

Accountancy firm hired by Sports Direct’s Mike Ashley bungles its audit

Accountancy firm hired by Sports Direct’s Mike Ashley ditches its top brass after finding problems in their own audit By A Daily Mail Reporter Published: 23:00 BST, 5 January 2020 | Updated: 11:09 BST, 6 January 2020 The accountancy firm hired by Mike Ashley to audit his retail empire has ditched its own top management … Read more

Britain’s £4.2bn foreign gender equality budget must be managed better, says National Audit Office

Fury over £4.2billion feminist foreign aid as spending watchdog warns overseas projects that receive financial gifts are not being properly assessed National Audit Office praises ‘ambitious’ plan to improve global gender equality But it tells foreign aid bosses to improve how it will deliver the £4.2bn scheme  Britain has previously spent millions on a Spice … Read more