Young people turning to Tiktok for financial advice as FCA weeds out bad actors October 8, 2023 Young people are increasingly turning to social media sites, such as Instagram and Tiktok, for financial advice, a new survey has revealed.
PwC China to be hit with ban over audit of collapsed property developer Evergrande August 22, 2024 PwC's Chinese entity is expected to be hit with a six-month business ban over its audit of collapsed Chinese real estate property developer Evergrande
FTSE finance chiefs: Rates, inflation and growth squeeze C-suite confidence July 17, 2023 Ratcheting up interest rate expectations and intense fears about sticky inflation has hobbled FTSE finance chiefs’ optimism, a closely watched survey out today shows. Confidence among chief financial officers (CFO) of FTSE-listed companies has tumbled over the last quarter, according to consultancy Deloitte. Optimism among money managers at Britain’s largest businesses has eroded to net [...]
‘Green shoots all around’ for the UK venture capital scene but challenges remain July 16, 2024 "We are seeing green shoots all around," principal at Atomico, Sarah Guemouri, said. "Despite a slow start to the year, we expect capital invested as a whole to exceed last year’s figures."
Deloitte defends £38.8m test and trace reward November 12, 2020 Management consultancy Deloitte has defended earning £38.8m for services relating to the government’s coronavirus ‘test and trace’ system. The audit and consultancy giant has earned some £38.8m for services relating to the government’s test and trace programme, according to Open Democracy. The government’s test and trace programme is largely considered a failure. A Deloitte [...]
Good news for Chelsea, Tottenham and Manchester City: Why clubs can forget about winning the Champions League if they’re not super-rich February 14, 2023 Can you spend your way to the Champions League? Not necessarily, but it certainly improves your chances, based on analysis of the last 10 seasons, which shows a strong correlation between revenue and progress to the latter stages. Tottenham Hotspur face a tricky trip to Italian title holders AC Milan when the Champions League knockout [...]
Deloitte warns of heightened going concern risks as pandemic rumbles on November 10, 2020 Big four audit giant Deloitte has warned there is likely to be more reporting of uncertainties relating to going concern as unpredictability surrounding the pandemic continues. Deloitte audit partner Ann Aspinall told City A.M. that as uncertainties around the pandemic continue and as the economic environment becomes more challenging, “there is likely to be an [...]
Covid-19 deals €2bn blow to world’s leading football clubs, says Deloitte January 26, 2021 The world’s 20 richest clubs will lose €2bn in revenue due to Covid-19, says Deloitte’s latest Football Money League report. Those teams have already seen income fall €1.1bn to €8.2bn in 2019-20 and Deloitte predicts a similar effect in 2020-21. Football clubs have lost significant revenue from matchday activity and broadcast rights payments during the [...]
Deloitte China whistleblower circulates damning presentation on social media that alleges audit failures of RYB Education February 5, 2021 Big Four firm Deloitte is under pressure after one of its employees reportedly made a 55-page PowerPoint presentation that exposed the firm’s alleged accounting violations in China. The PowerPoint, which has been circulating on Weibo, a Chinese website similar to Twitter, has alleged that when Deloitte was auditing the financial data of its client RYB [...]
Deloitte handed PPE contract 4 months after it started work November 18, 2020 The Cabinet Office awarded a £3.2m contract to big four auditor Deloitte to help procure personal protective equipment (PPE), four months after it had started working with the government. According to a critical report from the National Audit Office (NAO), Deloitte was handed the multi-million pound contract on 21 July 2020, with the contract effective [...]