Big Four switch: Alliance Pharma hires Deloitte as its new auditor after KPMG resigns August 8, 2022 Alliance Pharma has appointed Big Four giant Deloitte as auditor after the pharmaceutical company’s go-to for six years KMPG resigned. Deloitte will be the company’s auditor until the end of 2022 and will need to be approved by Alliance Pharma’s shareholders to be re-appointed for 2023. It was appointed following a tender process, which KPMG [...]
Retail sales stagnant in March despite improving prospects for UK economy April 19, 2024 A survey from Deloitte, released today, showed that consumer confidence had reached its highest level in two years.
Activist investors look to block Deloitte audit appointment over climate failings April 24, 2022 A group of investors including Aviva and Legal & General are readying to move against accountancy giant Deloitte this week in a bid to bar its reappointment as the auditor of FTSE 100 building supply firm CRH. Climate Action 100+, a shareholder activist group of 700 investors with a combined $68tn assets under management, will [...]
Irish accountancy watchdogs raises concerns over Deloitte and EY audits February 28, 2022 Ireland’s audit watchdog has said flagged issues with audits carried out by Big Four accountancy firms Deloitte and EY, after carrying out its annual review of auditors. The Irish Auditing & Accountancy Supervisory Authority (IAASA) said audits completed by Deloitte and EY required improvements, after sampling six sample audits carried out by the firms. By [...]
Deloitte forecasts late flurry of Premier League transfer activity January 24, 2022 Premier League clubs are being tipped to embark on a trolley dash in the final week of the January transfer window. Spending in the English top-flight has already passed £100m this month, eclipsing the total outlay in last year’s Covid-affected winter window. And Deloitte’s Sports Business Group is forecasting a busy final few days before [...]
UK watchdog fines Deloitte £2m over failures in audit of Mitie’s accounts April 21, 2022 The UK’s audit watchdog has fined Big Four accountancy firm Deloitte and audit partner John Charlton over a raft of failures in its audit of the accounts of outsourcing company Mitie. The UK’s Financial Reporting Council (FRC) fined Deloitte £2m and Charlton a furth £65,000 after discovering a number of “deficiencies” in the audit of [...]
Deloitte boss admits there is ‘disconnect between ambition and action’ on sustainability January 18, 2022 There is a “disconnect between ambition and action” when it comes to businesses operating sustainably, Deloitte’s boss has admitted, as greenwashing storms company pledges. Punit Renjen, global CEO of the Big Four firm, said that while businesses are aware of the impacts of climate change, organisations are struggling to embed climate considerations into the culture [...]
World’s richest football clubs 2023: Manchester City retain top spot as Premier League clubs dominate Deloitte Football Money League – see the full ranking January 19, 2023 Manchester City have retained their status as the world’s richest football club, according to the latest edition of the Deloitte Football Money League, which underlines the dominance of the Premier League. Abu Dhabi-owned City topped the annual list, which is based on revenue in the 2021-22 season, for a second year in a row, ahead [...]
Deloitte faces lawsuit by former employee over harassment claims December 29, 2021 An ex-Deloitte female has sued the Big Four firm over allegations that her former employer did not protect her from harassment perpetrated by a male partner and its investigation into the incident was corrupt, according to reports. In court documents seen by the Financial Times, which first reported the news, Katrina Jones called the behaviour [...]
The Christmas Quiz: Twelve questions to test your grey matter December 14, 2022 Roll up, roll up, for the City A.M. quiz in association with Deloitte's economics team. Twelve questions, all (just about) related to business and economics