AUDITING PAGE
AABA - Shedding light on darker practices
AABA - Working for an open and democratic society

This page provides news and offers concerned people a forum for sharing their views and experiences. Write to AABA and tell us about the scams operated by auditors. To read some of the pages on this site you will need an Acrobat reader. If you do not have one it can be downloaded free of charge from http://www.adobe.com/supportservice/custsupport/LIBRARY/acwin.htm

• Proposed Accounting standard on corporate responsibility and Tax Avoidance: Comments welcome (14 Jan 2003)

• Bank of Credit and Commerce International (BCCI) Scandal: UK Government Forced to Publish the Sandstorm Report 
• The Pin-stripe Mafia: How Accountancy Firms Destroy Societies  (Free download)
• Book - Fighting Corporate Abuse: Beyond Predatory Capitalism
• A Policy Paper prepared for the UK Labour Party - A Better Future for Corporate Governance: Democratising Corporations for Their Long-Term Success 
  
• A Policy paper prepared for the UK Labour Party - Controlling Executive Remuneration: Securing Fairer Distribution of Income
• A Policy Paper prepared for the UK Labour Party - Reforming the Auditing Industry
• A Policy Paper prepared for the UK Labour Party - Regulatory Architecture To Enhance Democracy And Business Accountability
• Tier 2 and Tier 3 Audit Firms Audit Quality Inspection and Supervision Report (16 Dec 2024)
  
• What is ‘fictitious capital’? (2 Dec 2024)
• What is fraud? (1 Dec 2024)
• Banks As Social Accountants: Credit and Crisis Through an Accounting Lens (27 Nov 2024)
• Australian police search Sydney PwC office over tax leak probe (5 Nov 2024)
  
• Calls for audit reform grow after ISG found to owe £1bn (4 Nov 2024)
• Australian federal police begin search of PwC headquarters amid tax leaks scandal (4 Nov 2024)
  
• Construction giant ISG went bust with debts of £1bn (3 Nov 2024)
• PwC accused of interfering in Australian tax leaks probe (1 Nov 2024)
• TalkTalk broadband financial controls attacked in rare audit resignation letter by Deloitte (15 Oct 2024)
  
• PwC pays out £132m to British American Tobacco over flawed audit (13 Oct 2024)
  
• Big Four audit firms conclude transition period of operational separation (10 Oct 2024)
  
• Lack of City of London oversight hurting efforts to halt dirty money, FCA warns (24 Sep 2024)
  
• OPBAS finds improvements needed amongst anti-money laundering supervisors (24 Sep 2024)
• Anti-Money Laundering Supervision by the Legal and Accountancy Professional Body Supervisors: Progress and themes from our 2023/2024 supervisory work (24 Sep 2024)
  
• Why Private Equity Is Rushing To Buy Up Accounting Firms (23 Sep 2024)
• ISG goes bust: after Carillion, how has this happened again? (21 Sep 2024)
  
• China gives PwC record £47m fine and six-month ban over Evergrande (13 Sep 2024)
• BDO sinks to bottom of US audit quality league table (12 Sep 2024)
  
• Accountancy firms fight back against audit reforms (28 Aug 2024)
• Two former BHS directors ordered to pay £110m to creditors (20 Aug 2024)
• BHS High Court Case: (1) ANTHONY JOHN WRIGHT v DOMINIC CHAPPELL and Others (20 Aug 2024)
  
• PwC loses major client Bank of China amid regulatory probe (20 Aug 2024)
  
• PwC fined £15 million for failing to alert the FCA to suspected fraudulent activity at London Capital & Finance plc (16 Aug 2024)
• FCA has censured the auditor Macintyre Hudson LLP (MHA) for failing to prepare client assets reports to the required standard (15 Aug 2024)
  
• Beware private equity buying into auditors, watchdog warns (4 Aug 2024)
  
• US accounting firms push global expansion (2 Aug 2024)
  
• FRC publishes annual Tier 1 audit firm inspection results (30 Jul 2024)
• FRC Annual Review of Audit Quality (30 Jul 2024)
• Deutsche Bank flouted international accounting rules, says watchdog (25 Jul 2024)
• FRC Sanctions against MacIntyre Hudson LLP, Deborah Weston and Geeta Morgan (9 Jul 2024)
• THE EXECUTIVE COUNSEL OF THE FINANCIAL REPORTING COUNCIL -and- (1) MacIntyre Hudson LLP (9 Jul 2024)
• Tycoon fails to claim tax loss inflated by £1.3m (Grant Thornton scheme) (8 Jul 2024) 
• Upper Tribunal Judgement  declares Grant Thornton tax avoidance scheme to be unlawful- TIMOTHY WATTS v HMRC (8 Jul 2024)
• Why Don’t We Ask Companies And Auditors To Disclose Their Materiality Standards? (1 Jul 2024)
  
• Auditors failed to raise alarm before 75% of UK corporate collapses (20 May 2024)
  
• Reward for failure: The paradox of audit partners record payouts amidst poor audit quality (19 May 2024)
  
• FRC Sanctions against Crowe U.K. LLP (14 May 2024)
  
• Sanctions against three audit firms (PwC, EY, OCC) over the audits of London Capital & Finance plc (7 May 2024)
• How Britain's big water firms are drowning in sea of debt (7 May 2024)
• Why don't auditors find fraud? (6 May 2024)
• Water companies pay £2.5bn in dividends in two years as debt climbs by £8.2bn  (1 May 2024)
• PwC to reverse controversial US tax split (19 Apr 2024)
  
• Deloitte - Horizon Desk Top Review of Assurance Sources and  Key Control Features (Post Office Scandal) report prepared on  29 May 2014 (18 Apr 2024)
  
• German watchdog finds EY’s Wirecard audits grossly negligent (17 Apr 2024)
• PCAOB Imposes Record $25 Million Fine on KPMG Netherlands and Bars a Firm Leader After Exam Cheating, Misinforming Investigators (10 Apr 2024)
• Sanctions against Grant Thornton UK LLP (8 Apr 2024)
  
• UK accounting watchdog urged to raise threshold for enforcement action (5 Jan 2024)
  
• Carillion director disqualification proceedings dropped but where next for NEDs? (15 Nov 2023)
• UK plans to scale back corporate governance reforms after business backlash (15 Nov 2023)
• Deloitte Pays CPA Ontario $1.59M in Fines and Costs for Admitted Breaches of the CPA Ontario Code of Professional Conduct (1 Nov 2023)
  
• Ecclestone lawyer claimed £40m payments were gifts (31 Oct 2023)
• Filing shake-up for small companies to go ahead (30 Oct 2023)
  
• How hollowed-out firms manufacture their distributable profits (17 Oct 2023)
• UK government shelves stricter company disclosure rules (17 Oct 2023)
• The strange death of corporate Britain (17 Oct 2023)
• Burdensome legislation withdrawn in latest move to cut red tape for businesses  - The Government has withdrawn draft regulations after consultation with companies raised concerns about imposing additional reporting requirements (16 Oct 2023)
  
• Carillion: Record fine for KPMG over 'exceptional' failure (12 Oct 2023)
• FRC Sanctions against KPMG LLP, KPMG Audit plc and two former partners (12 Oct 2023)
• FRC, KPMG and Carillion - SUMMARY OF FINDINGS IN DECISION 1 (12 Oct 2023)
• FRC, KPMG and Carillion - SUMMARY OF FINDINGS IN DECISION 2 (12 Oct 2023)
• £280m for consultants on the HS2 gravy train  - PwC, Deloitte, Ernst & Young, KPMG (29 Sep 2023)
  
• Labour vows to push through UK audit and corporate governance reforms (25 Sep 2023)
• After Wilko, its time to shine a light on insolvency (4 Sept 2023)
• Auditor EY under fire over its green light for Wilko (3 Sep 2023)
• Wilko paid out £77m to owners before collapse (12 Aug 2023)
• Wilko shareholders were handed more than £10million before collapse risking 12,000 jobs (12 Aug 2023)
• Audit firms fight to block expansion of fraud detection role (5 Aug 2023)
  
• PCAOB Report: Audits With Deficiencies Rose for Second Year In a Row to 40% in 2022 (25 Jul 2023)
• US regulator reports rising number of flawed audits (25 Jul 2023)
  
• Britain proposes tougher rules on company payouts after Carillion collapse (20 Jul 2023)
• Only 1 in 3,000 chance of going to prison for fraud (4 Jul 2023)
• PwC Australia sells division for 50p after tax leak scandal (26 Jun 2023)
  
• PwC Australia chief resigns over tax law leaks (8 May 2023)
  
• We should take Sunak's plan to tackle fraud with a barrel of salt (7 May 2023)
• Three failed US banks had one thing in common: KPMG (5 May 2023)
• The Systemic Risk of Big Accounting - Silicon Valley Bank (SVB) (21 Mar 2023)
  
• Why Was KPMG Still Auditing Silicon Valley Bank? (20 Mar 2023)
  
• China suspends Deloitte Beijing office over Huarong audit deficiencies  (18 Mar 2023)
  
• Former Goldman Sachs Investment Banker Sentenced in $2.7B Bribery and Money Laundering Scheme (9 Mar 2023)
• Ex-Goldman banker given 10 years in prison for role in 1MDB fraud scandal (9 Mar 2023)
  
• Former Wall Street Precious Metal Traders Sentenced for Wire Fraud -  traders employed at Deutsche Bank,  Bank of America iand Morgan Stanley (9 Mar 2023)
• To split or not to split: EY confronts the question  (6 Mar 2023)
• Improvements required in 11% of audits of big companies last year, Ireland regulator finds (6 Mar 2023)
• UK audit regulator risks cementing the Big Four oligopoly (6 Mar 2023)
  
• U.S. Accounting Rulemakers Studying How Investors Use Artificial Intelligence to Consume Financial Data (3 Mar 2023)
• How auditing giant KPMG became a global sustainability leader while serving companies accused of forest destruction (1 Mar 2023)
• FRC publishes IFRS 9 Banking Audit Methodology Thematic (24 Feb 2023)
  
• KPMG settles £1.3bn lawsuit from Carillion creditors over alleged negligence (17 Feb 2023)
• PwC probed over its auditing of collapsed property group Intu (16 Feb 2023)
• Investigation regarding the audit of Intu Properties plc by PwC LLP (16 Feb 2023)
  
• Big Four: EY, Deloitte, KPMG, and PwC step on law firms toes increasing legal revenue to £1.25bn (15 Feb 2023)
• Crisis deepens at MJ Hudson as auditor EY resigns (12 Feb 2023)
  
• America's $4 Billion Accounting Scandal Puts More Scrutiny on PwC Auditing Record (7 Feb 2023)
• Adani Group's UK units dropped Deloitte as auditor for smaller firm (6 Feb 2023)
• EY under fire over its two roles at battery start-up Britishvolt (4 Feb 2023)
• Adani had a handful of auditors as young as 23 years old signing off on companies worth $100 billion, Hindenburg says (3 Feb 2023)
  
• Former PwC partner denies disclosing Quindell struggles over 'quiet coffee' meeting (1 Feb 2023)
• UK PLUNGES TO LOWEST-EVER POSITION IN CORRUPTION PERCEPTIONS INDEX (31 Jan 2023)
• Nadhim Zahawi: Letter from Sir Laurie Magnus to the Prime Minister, 29 January 2023 (29 Jan 2023)
• PwC accused of leak during Quindell deal talks  (28 Jan 2023)
  
• How can auditors define material fraud? (27 Jan 2023)
• Former PwC partner banned for 2 years in Australia for leaking information (26 Jan 2023)
  
• Jim Chalmers furious after former PwC tax adviser found to have shared confidential government briefings with staff (25 Jan 2023)
  
• IFRS 17 Results Not Fully Comparable Yet (23 Jan 2023)
• Auditing best practices: What academic fraud research reveals (20 Jan 2023)
• 1.1bn in PwC fees, 3.1m hours, 14 years: the UK cost of winding up Lehman Brothers (28 Dec 2022)
• PCAOB Sanctions Six Firms for Failing to Make Required Disclosures - Grant Thornton, KPMG Samjong, BDO RCS Auditores Independentes, MaloneBailey, Grant Thornton Auditores Independentes, KCCW Accountancy Corp (23 Dec 2022)
  
• SIG PLC Audit: Sanctions against Deloitte LLP and Simon Manning (22 Dec 2022)
• FRC updates stakeholders on review to identify and prevent exam cheating (21 Dec 2022)
• Accountancy watchdog sounds alarm after uncovering widespread evidence of cheating in exams (21 Dec 2022)
• Binance auditor Mazars withdraws from working with crypto company (17 Dec 2022)
  
• EU adopts global minimum 15% tax on big business (16 Dec 2022)
• Tax dodging and non-compliance during pandemic cost UK £9bn (16 Dec 2022)
• Rangers liquidators (BDO) agree £56 million settlement in tax case (9 Dec 2022)
• Rangers liquidators finally settle tax case as eye-watering EBT figure shows club could never have been saved (8 Dec 2022)
• Imposing $7.7 Million in Fines, PCAOB Sanctions Three Firms and Four Individuals From KPMG Global Network (6 Dec 2022)
  
• Mandatory registration of Public Interest Entity audit firms comes into force (5 Dec 2022)
  
• UK government under fire over inexplicable  Bulb decision (21 Nov 2022)
• A wealth tax by another name? Inheritance tax and CGT raid on the middle class to rake in £130bn in the coming years (20 Nov 2022)
• UK government upholds £20 billion commitment to research and development (19 Nov 2022)
  
• How will Jeremy Hunt budget affect me? (18 Nov 2022)
• KPMG blocked from Abu Dhabi audits as it elects new regional boss (18 Nov 2022)
• Office for Budget Responsibility Economic and fiscal outlook November 2022 (18 Nov 2022)
  
• Overview of the November 2022 Economic and fiscal outlook (18 Nov 2022)
• HM Treasury Analysis - AUTUMN STATEMENT 2022 (18 Nov 2022)
• HM Treasury - Impact on households: distributional analysis to accompany Autumn Statement 2022 (18 Nov 2022)
• The Autumn Statement 2022 speech (17 Nov 2022)
• KPMG adds £5m payout to £3m fine over conduct of Quindell audit (16 Nov 2022)
• KPMG reaches £5mn settlement over Watchstone audit negligence claim (15 Nov 2022)
  
• FRC fines hit record highs as watchdog sends clear message to audit sector (14 Nov 2022)
• I was the chairman of Greggs. The wealthy should be paying more tax (14 Nov 2022)
• BT enduring pension problem (11 Nov 2022)
• BDO auditor fired for altering files earmarked for inspection (28 Oct 2022)
  
• Pensions pandemonium shows damage done by dodgy information (24 Oct 2022)
  
• Insolvencies rise as companies worry about energy bills (7 Oct 2022)
• Pension: Liability Driven Investment Explained (6 Oct 2022)
  
• Mini-Budget: Reforms, roll-outs and freezes in the tax and benefit system (6 Oct 2022)
• UK Government introduces second Economic Crime Bill into Parliament (5 Oct 2022)
• Pensions: A brief history of LDI (4 Oct 2022)
• The Financial Theory of Defined Benefi Pension Schemes (4 Oct 2022)
  
• Red tape cut for thousands of growing businesses  (2 Oct 2022)
• Minister says Rees-Mogg wants to ditch all business regulations for SMEs (2 Oct 2022)
  
• Serco injected £60m to prop up pension fund after market meltdown (30 Sep 2022)
• The Financial Services and Markets Bill second reading (29 Sep 2022)
  
• UK pension funds sell assets and tap employers in rush for cash (29 Sep 2022)
  
• New crackdown on fraud and money laundering to protect UK economy (22 Sep 2022)
• Donald Trump sued for 'years of bank, tax and insurance fraud' (21 Sep 2022)
• Accounting giant EY rakes in record global sales of £40bn as it prepares for major overhaul (21 Sep 2022)
• Link faces additional £50m fine from FCA over Woodford probe (13 Sep 2022)
• Sanjeev Guptaauditor quit over lack of information (20 Sep 2022)
• Trump Former Accounting Firm Mazars Begins Turning Over Documents to Congress (17 Sep 2022)
  
• Ernst & Young splits into separate audit and advisory businesses (8 Sep 2022)
• KPMG sued for $830mn over appalling Chinese audit (7 Sep 2022)
  
• Widespread distrust among tax officials of Big Four, says OECD survey (6 Sep 2022)
• FRC replacement body to be based in Birmingham (5 Sep 2022)
  
• Ernst & Young Leaders Expected to Approve Plan to Split Accounting Company (5 Sep 2022)
  
• Germany’s new accounting regulator decries auditors who are ‘too close’ to clients (24 Aug 2022)
  
• Companies are paying inflation busting dividends at cost to the rest of the economy, including their employees (20 Aug 2022)
• Assessing the impact of shareholder primacy and value extraction: Performance and financial resilience in the FTSE350 (20 Aug 2022)
• UKEB PAG Advisory Group Appointments (19 Aug 2022)
• Revolution Beauty to suspend stock trading on accounting concerns (19 Aug 2022)
• PwC raises UK partners pay to more than £1m for first time (18 Aug 2022)
  
• Promotion doesn't add up to gender equity at leading accounting firms (17 Aug 2022)
• PCAOB Sanctions KPMG Korea for Violating Quality Control Standards and Sanctions Two Former KPMG Korea Auditors for Noncooperation (16 Aug 2022)
  
• SEC Charges Eagle Bancorp and Former CEO with Failing to Disclose Related Party Loans (16 Aug 2022)
  
• Hong Kong accounting watchdog launches second probe into Evergrande and PwC (15 Aug 2022)
• PwC says graduates no longer need at least 2:1 degree to work at firm (15 Aug 2022)
  
• BT Audit: FRC Sanctions against PricewaterhouseCoopers LLP and audit partner (8 Aug 2022)
• FRC and BT Audits: IN THE MATTER OF: The Executive Counsel to the Financial Reporting Council and (1) PricewaterhouseCoopers LLP (2) Richard Hughes (8 Aug 2022)
• SEC Charges Surgical Implant Manufacturer Surgalign and Former Senior Executives with Accounting and Disclosure Fraud (3 Aug 2022)
  
• Boss of UK accounting watchdog says EY split would bring benefits (2 Aug 2022)
• What does the future of accounting look like? (1 Aug 2022)
• FCA publishes Decision Notices for Carillion plc (in liquidation) and three of its former executive directors (28 Jul 2022)
• Sanctions against KPMG and others in connection with Regenersis & Carillion audits (25 Jul 2022)
• UK restaurant insolvencies jump by more than 60% in year (25 Jul 2022)
• Frederick Barclay transferred fortune to avoid paying tax, ex-wife tells court (25 Jul 2022)
  
• MPs to investigate benefits and drawbacks of tax reliefs in new inquiry (22 Jul 2022)
• FRC Sanctions against Grant Thornton UK LLP and Philip Westerman for Sport Direct Audits (18 Jul 2022)
• Grant Thornton settles £200m lawsuit with Patisserie Valerie’s administrators (18 Jul 2022)
• PwC set for record revenues as it rejects audit and consulting split (18 Jul 2022)
  
• HMRC to publish estimates of UK offshore tax evasion (17 Jul 2022)
• No one should get £42,370 a year tax-free (16 Jul 2022)
• UK Accounting firms ordered to explain (by FRC) how they stop staff cheating in exams (15 Jul 2022)
  
• FRC Sanctions against UHY Hacker Young LLP and Martin Jones in relation to Laura Ashley Holdings plc (13 Jul 2022)
• FRC and Laura Ashely audits : IN THE MATTER OF THE EXECUTIVE COUNSEL OF THE FINANCIAL REPORTING COUNCIL -and- (1) UHY HACKER YOUNG LLP (2) MARTIN JONES (13 Jul 2022)
• Over 300 footballers including Premier League stars 'probed' for tax avoidance (12 Jul 2022)
• Private equity may be heading for a fall (7 Jul 2022)
• The Defense of Nature: Resisting the Financializaton of the Earth (6 Jul 2022)
• Ever more people are paying higher rate tax (£20bn extra tax)  – good news for the Treasury, bad news for everyone else (3 Jul 2022)
• Ever more people are paying higher rate tax (£20bn extra tax)  – good news for the Treasury, bad news for everyone else (3 Jul 2022)
  
• Polluting water firms splash £9m on bosses: Top brass rake in a fortune despite public's anger over raw sewage in Britain's rivers  (2 Jul 2022)
• Outsourcing health-care services to the private sector and treatable mortality rates in England, 2013–20: an observational study of NHS privatisation (1 Jul 2022)

• Toys R Us bankruptcy lawsuit could shake private equity (30 Jun 2022)
• Insolvency: Deloitte has earned €347,000 for work on Stobart Air liquidation (30 Jun 2022)
• EY to brief UK partners on plans for $80bn global break-up (30 Jun 2022)
• House of Commons Foreign Affairs Committee Report: The cost of complacency: illicit finance and the war in Ukraine (30 Jun 2022)
• Anglian Water pays £92mn dividend to owners as customer bills rise (29 Jun 2022)
  
• Interest rate hikes could trigger chain of bankruptcies in shadow banks (private equity and hedge funds) (29 Jun 2022)
• Ernst & Young to Pay $100 Million Penalty for Employees Cheating on CPA Ethics Exams and Misleading Investigation (29 Jun 2022)
• Lessons learned after a multibillion-dollar fraud (28 Jun 2022)
• Ernst & Young to Pay $100 Million Penalty for Employees Cheating on CPA Ethics Exams and Misleading Investigation (28 Jun 2022)
• Ernst & Young pays $100m to settle US charges of cheating on ethics exams (28 Jun 2022)
• Reflections on the continuing absence of audit reforms (27 Jun 2022)
• Thousands of PwC staff to get 9% pay rise to offset cost of living (26 Jun 2022)
• Corporate governance and audit reform – watered down or pragmatic? (25 Jun 2022)
• UK auditors told to be more sceptical when assessing company accounts (25 Jun 2022)
• KPMG chief takes swipe at rival EY’s $80bn break-up plan (24 Jun 2022)
• PwC UK partners to toast six-figure windfall from $2.2bn mobility sale (18 Jun 2022)
  
• Sanctions against PricewaterhouseCoopers LLP and audit partner (in relation to PwC audit of Kier) (7 Jun 2022)
• Kier Group Audit: IN THE MATTER OF: THE EXECUTIVE COUNSEL TO THE FINANCIAL REPORTING COUNCIL - and - (1) PRICEWATERHOUSECOOPERS LLP (2) JONATHAN HOOK (7 Jun 2022)
• Sanctions against PricewaterhouseCoopers LLP and audit partner (in relation to PwC audit of Galliford Try) (7 Jun 2022)
  
• PwC told client it could cut Australian tax by $70m, court documents in privilege fight show (5 Jun 2022)
• FRC given full oversight of auditors (1 Jun 2022)
• Restoring trust in audit and corporate governance Government response to the consultation on strengthening the UK’s audit, corporate reporting and corporate governance systems (1 Jun 2022)
  
• KPMG UK comments on BEIS audit reform report (1 Jun 2022)
  

• UK Government Press Release: Audit regime overhaul to help restore trust in big business (31 May 2022)
  
• Diluted audit reforms will not prevent a new Carillion (31 May 2022)
• Company directors' defend tax avoidance by saying they relied upon and followed their accountant's advice - see judgment in  Hunt v Balfour-Lunn & Others [2022] EWCH 984 (Ch) (31 May 2022)
• UK Government response to local audit framework: technical consultation (31 May 2022)
• EY Consulting Split Aims to Free Firm from Ethics Crackdown (31 May 2022)
• High Value Fraud Ignored as Government Chases Welfare Cheats (31 May 2022)
• Amazon's Tribulations And The Future Of Tax Transparency (31 May 2022)
• Sharp teeth pulled from corporate audit reform (30 May 2022)
  
• Ministers further dilute audit reform plans after private sector backlash (29 May 2022)
• KPMG to scale back audit clients as tenders come up for review (29 May 2022)
• KPMG to cut back audit clients in bid to boost standards (29 May 2022)
  
• EY plans to spin off audit business in shake-up for industry (27 May 2022)
• KPMG plans 3,500 UK hires as Big Four accountancy firms grow their tech focus (27 May 2022)
• Hong Kong Ends Mutual Accounting Recognition Accord With US (26 May 2022)
• Large sums 'written off' at Harlequin, says former accountant (26 May 2022)
  
• FASB to Tackle Rule-Making on Accounting for Environmental Credits (25 May 2022)
  
• Accountancy firms ask for exemptions from ban on providing services to Russia (24 May 2022)
  
• FRC Sanctions against KPMG and Anthony Sykes - Rolls Royce (24 May 2022)
• Rolls Royce Scandal: IN THE MATTER OF THE EXECUTIVE COUNSEL OF THE FINANCIAL REPORTING COUNCIL -and- (1) KPMG AUDIT PLC (2) ANTHONY JAMES SYKES (24 May 2022)
  
• KPMG hit by latest in string of fines over Rolls-Royce bribery scandal (22 May 2022)
• KPMG forces staff to take unconscious bias training (21 May 2022)
• SEC Probe Looms Over Auditorsf astest-Growing Businesses (20 May 2022)
  
• U-turn on audit reform is bad for British capitalism (20 May 2022)
  
• KPMG warns British corporate giants of big hike in audit fees (19 May 2022)
• Carillion: Junior KPMG audito “should not lose his home for misleading regulator, says tribunal (18 May 2022)
• How chaotic accounting engulfed Sir Martin Sorrell GS4 Capital empire (15 May 2022)
  
• MPs attack ministers‚“nonsensical refusal to make firms reveal race pay gap (13 May 2022)
• Less work for EY auditors? What about more accountability (12 May 2022)
  
• Money Laundering: Can the new Economic Crime Bill really tackle the UK dirty money problem? (11 May 2022)
• KPMG to be fined £14m for forging documents over Carillion audit (12 May 2022)
  
• BEIS in the 2022 Queen's Speech (11 May 2021)
• Tesco exec fired over accounting crisis takes role with 'chicken king (11 May 2022)
• THE QUEEN'S SPEECH 2022  (10 May 2022)
• Audit sector reform 'low on agenda for Boris': Experts slam government's reform plans as a 'missed opportunity' (10 May 2022)
• US and Chinese accounting regulators discuss potential audit deal (8 May 2022)
  
• Investigation regarding four audits by King & King (4 May 2022)
• FRC launches inquiries into audits of four Liberty Steel companies (4 May 2022)
• Auditors for Newcastle travel agents Dawson and Sanderson resign over accounts row (4 May 2022)
  
• FCA: Failed funeral plans provider Safe Hands coughs up just £4m of £64m needed to pay back customers (3 May 2022)
• BP profits double to $6.2bn, fuelling calls for energy windfall tax (3 May 2022)
• Gender and Ethniciity Pay Gap: Being open about pay would make it harder to hire minorities? That sounds like corporate BS to me (3 May 2022)
• McColl’s shares to be suspended as auditors cannot sign off accounts (3 May 2022)
  
• Brexit: More Irish than UK passports issued in Northern Ireland for first time (2 May 2022)
• Head of UK audit regulator FRC in frame to chair HS2 (1 May 2022)
  
• Less work for EY auditors? What about more accountability (1 May 2022)
• Former Sports Direct auditors Grant Thornton braced for £2m fine over Ashley disclosures (30 Apr 2022)
• Investigators from Grant Thornton looking into Liverpool Council at request of auditors to be confirmed (29 Apr 2022)
• Transfer Pricing and Diverted Profits Tax statistics, 2020 to 2021 (28 Apr 2022)
• China securities watchdog expects audit deal soon with U.S. regulators (22 Apr 2022)
  
• FRC Sanctions against Deloitte LLP and John Charlton (21 Apr 2022)
• IN THE MATTER OF THE EXECUTIVE COUNSEL TO THE FINANCIAL REPORTING COUNCIL -and- (1) DELOITTE LLP (2) JOHN CHARLTON (21 Apr 2022)
• Deloitte cashes in on government contracts as KPMG stands aside (19 Apr 2022)
  
• FIFTH of UK bankers earning more than £125,000 a year benefited from non-domiciled tax status (18 Apr 2022)
• Lloyds may strip ex-boss of £1m bonus over HBOS: Bank chiefs mulling huge clawback from Horta-Osorio as rising cost of compensation ups pressure (17 Apr 2022)
• FRC announces plan to register auditors of public interest entities (14 Apr 2022)
• FRC: UK regulator to reclaim powers to strike off accounting firms (13 Apr 2022)
  
• Accounting watchdog investigates Deloitte over Go-Ahead audits (12 Apr 2022)
• The oligarch’s accountants: How PwC helped a Russian steel baron grow his offshore empire (11 Apr 2022)
• 1MDB scandal: Ex-Goldman Malaysia boss found guilty (9 Apr 2022)
• FRC to ARGA transition plan sparks industry frustration as audit reform delay persists (8 Apr 2022)
• Current list of named tax avoidance schemes, promoters, enablers and suppliers (7 Apr 2022)
• PCAOB Sanctions Former KPMG Vice Chair of Audit for Failure Reasonably to Supervise, Imposing Largest Individual Penalty Ever in a Settled Proceeding  (5 Apr 2022)
• Investors warn European companies over climate accounting (5 Apr 2022)
  
• Accountancy firm Grant Thornton will earn millions from Russian case (4 Apr 2022)
  
• America puts big auditors on the spot (16 Mar 2022)
• German law firm launches class action lawsuit against EY over Wirecard scandal (16 Mar 2022)
  
• China plans audit concession in face of US delisting threat (16 Mar 2022)
• Grant Thornton CEO favours banning all non-audit services for listed audit clients (11 Mar 2022)
  
• PwC and KPMG exit Russia and Belarus in wake of Ukraine invasion (10 Mar 2022)
• Raising standards in the tax advice market - HMRC’s review of powers to uphold its Standard for Agents (10 Mar 2022)
• KPMG fined £1.3 million for ‘serious’ breaches over Revolution Bars audit (8 Mar 2022)
• FRC Sanctions against KPMG LLP and Mr Michael Neil Frankish (8 Mar 2022)
• IN THE MATTER OF THE EXECUTIVE COUNSEL TO THE FINANCIAL REPORTING COUNCIL -and- (1) KPMG LLP (2) MICHAEL NEIL FRANKISH (8 Mar 2022)
  
• U.K. Financier’s Firm Aided by Covid Loans Is Ensnared in Probe  (3 Mar 2022)
• Auditors warn of ‘organisational culture crisis’ at UK companies (1 Mar 2022)
• PwC fined over exam cheating involving 1,100 of its auditors (28 Feb 2022)
• PwC fined £670,000 for allowing exam cheating scandal involving 1,200 employees (28 Feb 2022)
  
• Appeal court acquits former BT Italy exec on false accounting charge (25 Feb 2022)
  
• Dramatic increase to £80m in cost of Southeastern train accounting scandal (24 Feb 2022)
  
• Conway says Trump’s accounting firm ditching him is worse than getting impeached (16 Feb 2022)
  
• No 10 pressured me to drop anti-money laundering measures, says ex-minister (financial crime, the state)  (15 Feb 2022)
• Big Six energy firms banked more than £7bn profit in last five years (14 Feb 2022)
• Former Redcentric directors convicted for misleading investors (14 Feb 2022)
  
• Britain’s banks prepare to pay out bumper bonuses amid cost of living crisis (14 Feb 2022)
• House of Commons Committee of Public Accounts - HMRC Performance in 2020–21 (Covid, fraud, tax gap) (14 Feb 2022)
• Cross-Government Fraud Landscape Annual Report 2019 (13 Feb 2022)
• Cross-Government Fraud Landscape Bulletin 2019-20 (13 Feb 2022)
• National Audit Office - Fraud and Error, Good Practie Guidance (Covid frauds, government frauds) (13 Feb 2022)
• HMRC ignorance and inaction “rewarding the unscrupulous� and looks “soft on fraud� (11 Feb 2022)
• Covid: Fake PPE firms given £180,000 before fraud exposed (Companies House) (10 Feb 2022)
• Two fake PPE companies shut down: Companies fraudulently took £180,000 from Covid-19 financial assistance schemes (10 Feb 2022)
• Four Gupta steel firms face winding up orders, say reports (10 Feb 2022)
• UK accounting regulator to probe auditor of Sanjeev Gupta’s Liberty Commodities (10 Feb 2022)
• FRC Investigation regarding the audit of Liberty Commodities Limited by HW Fisher LLP (10 Feb 2022)
  
• Former KPMG auditors claim watchdog failed to give them a fair hearing over Carillion allegations (10 Feb 2022)
  
• Kwarteng shakes up Financial Reporting Council (FRC) board with quartet of new directors (8 Feb 2022)
• PwC probed over audits of UK construction contractors (7 Feb 2022)
• FRC Standards board ‘looks like a cabal’ (7 Feb 2022)
• Could this be Britain's WORST auditor? Nicola Quayle (KPMG Partner) has already been fined £150,000 – and is now under investigation for a third time (5 Feb 2022)
  
• Parcel group auditor Grant Thornton quits amid unease over inquiry (5 Feb 2022)
  
• KPMG being sued for £1.3bn over Carillion audit (3 Feb 2022)
• KPMG is facing a £1.3billion lawsuit over its audit of Carillion (3 Feb 2022)
• Government urged to increase Companies House charges by 700 per cent to crack down on fraud (2 Feb 2022)
• KPMG partners handed 20pc pay rise to almost £700,000 (1 Feb 2022)
• Mike Lynch nearly got away with it, says analyst who spotted Autonomy fraud (1 Feb 2022)

• U.K. Tribunal Against KPMG Raises Questions Over Liability of Junior Auditors (30 Jan 2022)
  
• Hewlett-Packard wins civil fraud case against Mike Lynch over Autonomy sale (28 Jan 2022)
• HP wins multibillion-dollar fraud case over Autonomy sale (28 Jan 2022)
• Freelancers charged higher tax rates after taking Covid grants (26 Jan 2022)
  
• Pressure grows on UK to beef up measures to tackle economic crime (Companies House, “Adolf Tooth Fairy Hitler�) (25 Jan 2022)
• Incoming chair of UK accounting watchdog FRC commits to shake-up within months (25 Jan 2022)
  
• Car care giant Tetrosyl seeks at least £1m compensation over BDO audit delays (25 Jan 2022)
  
• Fraud is rampant � and no one in government is paying attention (25 Jan 2022)
• The Nazarbayev Billions: How Kazakhstan’s ‘Leader of the Nation’ Controls Vast Assets Through Charitable Foundations (24 Jan 2022)
• China-based auditors pose risks for US companies, study shows (21 Jan 2022)
• Revolving Doors: Former Tory MEP Fox lined up to join board of audit regulator FRC  (21 Jan 2022)
  
• FRC Sanctions against KPMG LLP and Nicola Quayle (Conviviality)  (18 Jan 2022)
• FRC Report on Conviviality Audt Failures:  IN THE MATTER OF THE EXECUTIVE COUNSEL TO THE FINANCIAL REPORTING COUNCIL -and- (1) KPMG LLP (2) NICOLA QUAYLE (19 Jan 2022)
• Luckin Coffee plans to relist in U.S. two years after accounting fraud (19 Jan 2022)
  
• Carillion tribunal: KPMG ex-partner denies forging documents (18 Jan 2022)
• KPMG auditor fined and banned for misleading watchdog inspectors (18 Jan 2022)
• Junior colleagues lied about Carillion audit, KPMG partner tells tribunal (18 Jan 2022)
  
• FRC Settlement with KPMG LLP and Stuart Smith (Carillion)  (17 Jan 2022)
• Shadow of Carillion collapse looms over KPMG (17 Jan 2022)
• FRC Investigation regarding the audits of Babcock International Group plc by PricewaterhouseCoopers LLP (17 Jan 2022)
• FRC Disciplinary Tribunal Hearing of the Formal Complaint against KPMG and others (14 Jan 2022)
• Carillion and FRC: In the matter of: The Executive Counsel to the Financial Reporting Council - and - (1) KPMG LLP (2) Peter Noel Meehan (3) Alastair Wright (4) Richard William Kitchen (5) Adam David Bennett (6) Pratik Paw (7) Stuart Peter James Smith (10 Jan 2022)
  
• Accounting Firm helps companies get rich with ‘questionable’ tax refunds, tactics that exhaust officials (10 Jan 2022)
• KPMG’s auditors created fake meeting minutes and spreadsheets to mislead Carillion probe, watchdog claims (10 Jan 2022)
  
• Carillion fell quickly, but the auditing profession is now dragging its feet (9 Jan 2022)
• Insolvency: Philip Green could gain £2.5m payout on former Topshop branch (9 Jan 2022)
  
• Two of Britain's biggest accountancy firms (KPMG and PwC) set to be hauled over coals over accusations of failures in their audit practices (9 Jan 2022)
• Now Asos is targeted as short sellers bet £1bn in wave of attacks on tech titans, including Ocado, Boohoo and AO World (8 Jan 2022)
  
• FRC Investigation regarding the audit of MRG Finance by MacIntyre Hudson (7 Jan 2022)
• Fines imposed on KPMG should be used to ease plight of 1,200 Silentnight pension scheme members, says MP (6 Jan 2022)
• Elizabeth Holmes and her Big 4 audit firm buddies at Theranos (6 Jan 2022)
  
• Former Deloitte restructuring chiefs swoop on KPMG offshore arm (5 Jan 2022)
• Insolvency: Disappointment as Silentnight members denied compensation (5 Jan 2022)
• FRCSanctions against Mazars (5 Jan 2022)
• One Lesson From the Theranos Scandal: We Need Age Diversity on Corporate Boards (4 Jan 2022)
• Elizabeth Holmes trial: jury finds Theranos founder guilty on four fraud counts (4 Jan 2022)
  
• Audit profession unattractive to new recruits, says PwC boss(1 Jan 2022)
  
• Despite scandals Deloitte and KPMG chairs honoured in New Year Honours list (1 Jan 2022)