The saga of KPMG and collapsed client Carillion has finally come to a close with […]
Tag: Financial Reporting Council
KPMG Got Extra Roasted By the FRC Thanks to the Firm’s “Poor Disciplinary Record”
Both KPMG and PwC have been fined by the Financial Reporting Council (FRC) in relation […]
UK Audit Regulator Chair Says Cheap-Ass Firms Should Pay Their Junior Auditors Better
Financial Reporting Council chair and stereotypically European named Jan du Plessis has told the Financial […]
Professor Accuses Professional Accountant Body of Hoarding Fines Like Smaug Hoards Gold
It appears the Institute of Chartered Accountants in England and Wales (ICAEW) has finally pushed […]
The King’s KPMG Gets Fined for Rookie Mistakes
Another day, another Financial Reporting Council fine for KPMG. This time it is related to […]
Head Regulator Said He’ll Break Out the World’s Smallest Violin For Auditors Crying About Tougher Regulation
Financial Times has reported that Financial Reporting Council head Sir Jon Thompson — who last year […]
PwC UK Fined £7.5 Million For Faking Evidence and Other Such Terrible Auditing of a Government Contractor
The Financial Reporting Council has fined PwC £7.5 million ($8.9 million USD) for work related […]
Getting Tough on Mid-Tier Firms Will Only Cement the Big 4 Oligopoly, Says Audit Partner Whose Firm Needs to Git Gud
Much like here in the U.S. with the PCAOB, the Financial Reporting Council across the […]
The Most-Fined Big 4 Firm in the UK is Raising Audit Fees, Knows Clients Will Complain About It
Bloomberg reported today that KPMG UK CEO Jon Holt told them the firm plans to […]
Deloitte UK Got a 27.5% Discount on Audit Fines For Admitting They Screwed Up
That sound you hear? It’s KPMG leadership breathing a heavy sigh of relief for not […]
Unsurprisingly, Firms Did Not Totally Rat Themselves Out to the UK Audit Regulator About Exam Cheating
Exam cheating has been a hot topic in audit ever since EY got fined a […]
FRC Head Tells Firms to Stop Bitching About Audit Fines and Just Git Gud, Scrubs
FT reports that Financial Reporting Council CEO Sir Jon Thompson has a strong message to […]