It appears the Institute of Chartered Accountants in England and Wales (ICAEW) has finally pushed […]
Tag: Financial Reporting Council
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 […]
KPMG UK Somehow Won’t Be Getting a Record Fine From the Financial Reporting Council For Carillion Mess (UPDATE)
[UPDATE] The Queen’s KPMG was finally, officially fined £14.4 million by the Financial Reporting Council […]
UK Audit Watchdog Says Deloitte Is Doing Some Good Auditing Across the Pond
Deloitte is doing a great job keeping the Financial Reporting Council happy these days. Per […]
FRC Asks Large Audit Firms What They’re Doing About All This Cheating
Financial Times is reporting that across-the-pond regulators at the Financial Reporting Council have written a […]