KPMG reports $32bn global revenue as Big Four record strongest performance since Enron December 9, 2021 KPMG has reported a ten per cent rise in annual global revenues, up to $32.1bn, as advisory services have boomed during the pandemic. The combined results of the Big Four consulting firms – Deloitte, EY, KPMG and PwC – are the strongest since the Enron scandal which resulted in the collapse of Arther Andersen, according [...]
EY files criminal complaint over German newspaper’s leaked report November 22, 2021 EY has reportedly submitted a criminal complaint over a newspaper’s publication of a classified report into its work for payments firm Wirecard. Criminal prosecutors in Munich received a complaint about the German financial newspaper Handelsblatt on Monday, the Financial Times reported. The parliamentary report, on behalf of the committee looking at the Wirecard scandal, concluded [...]
EY faces mounting staff backlash over sexual harassment case November 18, 2021 EY has come under fire from its own workforce for allowing a partner to retain his job after sexually harassing a junior female colleague on a company ski trip, according to reports. The accounting giant told staff it would do more to tackle inappropriate behaviour, following the case of Neil Hutt, a transactions partner who [...]
After 12 years: PwC likely to be replaced by EY as Aviva auditor November 18, 2021 Aviva has proposed EY as its new auditor from 2024, replacing PwC after 12 years.
Green, open and fiscally responsible: business demands revealed ahead of Budget October 25, 2021 UK businesses are calling on the Chancellor to focus on attracting investment back into the country as well as using incentives, rather than purely taxes, to transition to a greener economy. Data from EY’s Budget survey revealed that two third of the 1,000-plus businesses interviewed listed attracting investments as their main priority. However, respondents also [...]