Search Results for: Accountancy
Creation of world’s third largest association of independent accounting firms moves step closer
May 6th, 2016
The world’s third largest association of independent accounting and consulting firms looks set to be forged by the end of 2016 if the merger of Allinial Global and IAPA International gets a formal seal of approval. Surrey-based IAPA International ...
BDO confirms the election of a new Managing partner
May 5th, 2016
Paul Eagland has been elected as the new Managing Partner of BDO LLP following a vote of all its partners, the accountancy and advisory firm has announced today. Paul will succeed the current Managing Partner, Simon Michaels, and will ...
EY conflicts of interest issues could affect Royal Dutch Shell-BG Group deal
May 4th, 2016
Conflicts of interest and issues around auditor independence could affect the proposed acquisition of BG Group by Royal Dutch Shell, Manifest has suggested. Analysis by proxy voting agency Manifest ahead of Royal Dutch Shell’s AGM next month has found that EY, ...
EU VAT reforms could see the UK businesses charging VAT in the country where their customers are located
April 28th, 2016
EU VAT reforms could see the UK businesses charging VAT in the country where their customers are located, a London accountancy firm has claimed. The European Commission aims to extend the Mini One-Stop-Shop (MOSS) scheme, currently applicable to business to ...
Former PwC employees to stand trial over Luxleaks scandal
April 26th, 2016
THE LUXLEAKS scandal starts a new chapter today as two former PwC employees go on trial accused of leaking thousands of corporate documents that expose Luxembourg’s shadowy tax deals. Antoine Deltour, a former auditor for the Big Four firm and ...
PwC Vatican audit suspended
April 25th, 2016
THE MUCH VAUNTED first external audit into the Vatican’s opaque finances has been halted. A Vatican spokesman said the audit by PwC had been suspended. Vatican watchers point to widening tensions between the Church’s reforming wing – championed by the Pope Francis-appointed ...
Deloitte scales back real estate business to avoid audit conflicts of interest
April 21st, 2016
CONFLICTS between Deloitte’s real estate arm and its auditing division has seen the Big Four firm divest the transactional side of its property offering after a review lasting more than four months. It’s understood the US Securities and Exchange Commission ...
Deloitte set to face FRC disciplinary over Aero Inventory audit
April 20th, 2016
DELOITTE is set to face an FRC disciplinary tribunal over its conduct relating to its audit and the financial statements of collapsed AIM-listed aeroplane parts manufacturer Aero Inventory. The case – which will examine the conduct of audit partner John ...
Auditors face FTSE 350 concerns over cost of transition to new EU audit rules
April 19th, 2016
AUDITORS are facing deepening concerns from FTSE 350 businesses over the cost of transition to the new EU audit regulatory regime, research from EY has found. The rule, which imposes mandatory audit firm rotation and significant restrictions on non-audit services for EU ...
New managing partner for UHY Hacker Young
April 18th, 2016
LAURENCE SACKER has been named as the new heir apparent at UHY Hacker Young, Accountancy Age can reveal. Currently corporate finance partner at the firm, Sacker will formally take over from Ladislav Hornan’s successful 21-year reign on 1 May 2016. Sacker boasts particular expertise in ...
