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Accounting news in the UK | Page 5

An overview of news, trends and research in the Accounting industry in the UK:

RSM Italy leaves RSM International to join Kreston Kreston International has announced an expansion with RSM Italy Audit and Assurance, which leaves the global network of RSM International. The addition will boost Kreston’s presence and offering in Italy and offer the newly branded Kreston GV
21 May 2015
Grant Thornton UK aims at dropping partner model Partners of Grant Thornton UK have backed a proposal to transform the firm from a partner-led entity to a shared enterprise, which will see all 4,500 of its people have a say and a stake in the firm. Shared enterprises a
07 May 2015
Roever Broenner Susat joins Mazars in Germany Audit and tax consulting firm Roever Broenner Susat has merged with Mazars in Germany, adding 51 partners and 730 employees to Mazars headcount.
22 April 2015
Barnett Waddingham: Pension costs universities to soar Universities may find their pension liabilities soar in the coming months, warns Barnett Waddingham in a new report. According to the business advisors, the recent fall in corporate bond yield may push up liabiliti
16 April 2015
Baker Tilly named Best Accountancy Firm of the Year Professional services firm Baker Tilly has been recognised for its excellent performance during the City of Manchester Business Awards and received the ‘Best Accountancy Firm of the Year’ Award.
01 April 2015
Deal in US: PKM buys Holbrook Hicks and Associates US accounting and consulting firm Porter Keadle Moore (PKM) has acquired counterpart Holbrook Hicks and Associates. As part of the transaction, six professionals will join PKM, bringing the size of PKM to just under 70 accountants and consultants.
16 March 2015
PwC under fire for using corporate jets of client PwC has not had the best of weeks recently.
20 February 2015
EY launches Assurance Scholarship at 3 UK universities EY has announced the launch of its Assurance Scholarship programme which aims to support 60 students across the University of Bath, University of Lancaster and University of Warwick. The scholarship offers a combination of financial support as well
18 February 2015
Grant Thornton doubles global revenues in 10 years The global revenues of Grant Thornton has grown by 4.6% in its most recent fiscal year, to a record income of $4.7 billion.
26 January 2015
Crowe Clark Whitehill appoints Mark Evans to Partner Crowe Clark Whitehill has boosted its Midlands office with the addition of Mark Evans as Partner. Evans joins with extensive corporate experience, having advised businesses in many sectors on audit, accounting and outsourcing. Crowe Cl
23 January 2015
Corporate Integration Consultants advises on tech deal Private equity firm Écart earlier this month acquired a majority interest in the Dutch firm Minox Software. The deal was guided by Corporate Integration Consultants, a Dutch-based consulting firm that specialises in M&A in the IT and tec
22 January 2015
Findex Group buys Crowe Horwath Australia and NZ The Findex Group has acquired Crowe Horwath International’s Australia and New Zealand business as subsidiary. Through the acquisition Findex Group aims to create a quality, one-stop solution for all the financial services needed by their clie
16 January 2015
RSM International revenue jumps 18% to 4.4 billion Global audit, tax and consulting network RSM International has experienced strong growth in fiscal year 2014. The network saw its revenue grow with 18% to $4.4 billion, an increase driven by its income fees in audit and accountancy, although consul
13 January 2015
Grant Thornton acquires Recovery Cost Auditing Group Accounting and consulting giant Grant Thornton has acquired Recovery Cost Auditing Group, a local assurance business based in Preston, Lancashire. Recovery Cost Auditing Group (RCAG) performs forensic audits of retrospective billing of
08 January 2015
FTI Consulting and Desai Haribhakti take on Big 4 Business consultancy firm FTI Consulting is teaming up with India’s home grown auditing giant Desai Haribhakti, joining forces to give the Big Four more than just a run for their money in corporate i
29 December 2014
KPMG revenue grows to 424.8 billion, driven by Advisory KPMG has in its latest fiscal year booked a record-high global revenue of $24.8 billion, roughly 6% higher than its turnover in the previous year.
10 December 2014
EY replaces Deloitte as Royal Bank of Scotland auditor EY has been selected by Royal Bank of Scotland to replace Deloitte as its auditor as of 2016. The decision follows new regulations that require companies to switch auditors every decade. As a result of EY’s new co
07 November 2014
EY looking for 15,500 new professionals in United States Professional services firm EY has plans to in the U.S. recruit 6,500 experienced hires and almost 9,000 students in the current fiscal year. The majority of the employees will be recruited for Advisory, its consulting practice that has b
03 November 2014
KPMG UK launches new integrated offering for SMEs KPMG has launched KPMG Enterprise, a £40 million investment to extend its services to mid-market firms.
30 October 2014
KPMG adds 102 directors in UK, one-third are female Accounting and consulting firm KPMG has announced the promotion of 102 directors in the UK. With the latest round of promotions the total number of directors in the Big 4 professional services firm stands at 871 – a 13% increase fr
13 October 2014
BDO expands footprint with member firm in Reunion Professional services firm BDO has expanded its global network with a new member firm in Réunion, an island in the Indian Ocean between Mauritius and Madagascar. Approximately 135 employees of ‘Conseil & Audit – Dévelo
30 September 2014
BDO adds 57 professionals to South African business BDO South Africa and CAP Chartered Accountants have announced the conclusion of their merger, effective as of 1 September 2014.
25 September 2014
KPMG, Grant Thornton and PwC win IAB 2014 award Last week the International Accounting Bulletin (IAB) announced the winners of its global awards. Among the finalists were several professional services firms also active in the consulting industry. KPMG turned out one of the
25 September 2014
Crowe Horwath expands in Switzerland, France & Serbia Global accounting and consulting firm Crowe Horwath has in the past two months expanded its European network with three new member firms: Platinum Partners in Switzerland, Horwath HTL in France and BDM in Serbia.
26 August 2014
Nihombashi Corporation joins Baker Tilly International Baker Tilly International has announced an expansion with Tokyo-based Nihombashi Corporation. 12 partners and 40 employees will join the global accounting and consultin network. With the addition Baker Tilly consists of
21 August 2014
Aon: Pensions accounting reform impacts businesses According to global HR consulting firm Aon Hewitt, the changes to pensions accounting standards currently proposed by the International Accounting Standards Board (IASB) could take more than £25 billion off the balance sheets of FT
12 August 2014
KPMG buys US professional services firm Rothstein Kass Accounting- and consulting firm KPMG has agreed to buy Rothstein Kass, the 19th largest professional services firm in the United States. Terms of the deal have not been disclosed yet based on the size of Rothstein
01 July 2014
Barclays may leave accountant PwC after 117 years British bank Barclays is considering re-tendering the audit contract with PwC. The accounting firm has been involved with auditing the bank for over 117 years. PwC has contractual relationship with Barclays since 1896, and it r
19 March 2013
BP outsourced finance and accounting processes to Accenture BP has selected Accenture to be its Global Outsourcing Provider of Finance and Accounting (F&A) Services. Accenture will be responsible for providing record to report, order to cash, procure-to-pay and production reve
28 September 2012
Big4 have 73% share in the UK accountancy market It should be no surprise that both the European Union and local governments are eagerly looking forward to introducing regulations to increase competition in the accountancy market. A new survey of Accountancy Age in the United Kingdom once again clear
10 September 2012
Spain is hiring Big4 firms for independent audit banking Spain has picked the "Big Four" accounting and consulting firms PwC, Deloitte, KPMG and Ernst & Young to carry out independent detaile
07 June 2012
Protiviti: Internal accountants lacking means Internal accountants find they do possess insufficient means to work effectively. Above all, in the period in advance of the credit crisis, they focused on the wrong risks.
12 February 2010

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