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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:
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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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