Search Results for: Audi
So how big are Saudi Arabia’s oil reserves, really?
July 7th, 2016
“How much oil lies beneath the desert sands of Saudi Arabia and how long will it last before running out?” is a question that has intrigued and confounded oil experts for five decades. The kingdom has proven reserves of ...
The number of practices providing audit services has continued to fall
July 4th, 2016
The number of practices providing audit services has continued to fall at a rapid pace, as the market comes to terms with regulatory and legislative edicts at both the top and lower ends of the spectrum. The latest Key Facts and ...
FRC to investigate KPMG over HBOS audit
June 29th, 2016
The Financial Reporting Council (FRC) has announced it will be holding an investigation under the accountancy scheme into the conduct of KPMG’s audit of HBOS for the year ended 31 December 2007, after coming under severe criticism for failing ...
EU audit reform to open up £10bn market for firms
June 21st, 2016
New EU audit reforms are expected to trigger a wave of contracts changing hands, which could open up a £10bn market for advisers. The regulations, which come into force today, force large companies to tender their statutory audit at least ...
KPMG has resigned as auditor of Fifa
June 15th, 2016
KPMG Switzerland has resigned as auditor of Fifa, the world football governing body which has become mired in a corruption scandal following claims that millions of pounds have been paid to its top executives as part of corrupt deals ...
Heads of Accounting Firms to be Held Accountable for Poor Auditing
June 13th, 2016
The Financial Services Commission announced on June 12 that it would submit to the National Assembly in September a proposal for amending the Act on External Audit of Stock Companies. According to its proposal, the head of an accounting ...
Audit Scotland predicts increase in demand for services in the next financial year
June 13th, 2016
Audit Scotland running costs exceed £25m Audit Scotland is predicting an increase in demand for services in the next financial year as Scotland moves towards increasingly devolved powers, following a record spend on public sector audits and associated costs and services of ...
Global audit group Mazars appoints new tax partner
June 8th, 2016
MAZARS has appointed tax specialist Gary Collins as tax partner. He will be responsible for the tax offering across the East Midlands at Mazars, and will be based out of both the firm’s Leicester and Nottingham offices. Collins, who retired ...
Saudi Arabia Cuts Oil Prices in Europe as Iran Ramps Up Exports
June 6th, 2016
Saudi Arabia on Sunday cut its oil prices to Europe, signaling mounting competition after OPEC failed to cap its output amid Iran’s exports ramp up. In an email sent to customers, state oil company Saudi Aramco said it had ...
FRC investigates KPMG over Ted Baker audit ethics
June 6th, 2016
The Financial Reporting Council (FRC) has announced it is to investigate KPMG over the firm’s consideration of and compliance with ethical standards in connection with the provision of non-audit services during the audit of the financial statements of Ted ...
