Search Results for: Audi
Opec: No Deal Amid Saudi-Iran Stand-Off
June 2nd, 2016
Oil prices have remained flat in early Asian trading, as investors await the outcome of today’s Opec meeting in Vienna. Early this morning, Brent crude was trading at just under $50 a barrel – less than half the level ...
OPEC has turned into battleground between Saudi Arabia and Iran
May 30th, 2016
The next OPEC meeting on the 2nd of June will act as little more than a forum for continued altercations between Saudi Arabia and Iran, writes Rakesh Upadhyay of Oilprice.com. Relations between the two countries have reached a new low. ...
KPMG replaces BDO as auditor of the multinational company Benchmark
May 30th, 2016
ANIMAL WELFARE and nutrition business Benchmark has confirmed the appointment of KPMG as its auditor. The Big Four firm replaces BDO, which held the post with the AIM-listed company for the past 15 years. The appointment is effective immediately, and ...
Saudi Arabia Has a Plan B to Try to Stop Iran’s Economic Rise
May 26th, 2016
The kingdom is mobilizing its Gulf allies to make sure that Iran’s opening-up to the global economy doesn’t go smoothly. Saudi Arabia couldn’t stop the Iran nuclear deal from being signed. Plan B is to limit Iran’s ability to ...
UK: Three sentenced to 20 years for defrauding investors over £80m in Ponzi scheme
May 25th, 2016
Three men convicted of defrauding investors out of almost £80m ($116.4m, €104m) in a London-based Ponzi scheme to fund their lavish lifestyles have been sentenced to nearly 20 years in prison. Forty-year-old Jolan Marc Saunders, Michael Dean Strubel, 54 ...
Moore Stephens Wins Key Ruling on Audit Opinions
May 24th, 2016
Moore Stephens’ Hong Kong firm won a victory in a New York federal appeals court on a case that could have a far-reaching impact on class-action lawsuits involving audit reports. The U.S. Court of Appeals for the Second Circuit ...
Dubai expects 2.5m Saudi tourists in 2020
May 23rd, 2016
Dubai is a top choice for Saudi tourists and their number is expected to increase by almost 100 percent, that is 2.5 million, by 2020, an Emirati official has said, citing current economic forecasts. “The number of Saudi tourists ...
KPMG audit quality criticised in FRC review
May 23rd, 2016
The quality of audit work undertaken by the top six firms has improved with only KPMG found to have audits in need of significant improvement, the FRC said Thursday. Out of the 104 audits were inspected for 2015/16 – 89 of ...
Partners from global audit firms will face grillig over role in BHS collapse
May 19th, 2016
Partners from Deloitte, PwC, KPMG and Grant Thornton will face a grilling from MPs next week over their lucrative advisory roles in distressed high street retailer BHS, following its plunge into administration which threatens up to 11,000 jobs. The ...
EY to be replaced as BBC auditor
May 16th, 2016
National Audit Office set to replace EY as BBC auditor The current auditor is Big Four firm, EY, who took over the audit from KPMG in 2015. At the time, the BBC signed a three-year contract with EY, with ...
