audit

Big Four face revolution in the audit industry

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Britain’s Big Four auditors have just three months to outline how they will break up their businesses after a string of scandals By Lucy White For The Daily Mail Published: 22:04 BST, 6 July 2020 | Updated: 22:20 BST, 6 July 2020 Britain’s Big Four auditors have just three months to outline how they will … Read more

Brussels audit reveals EU officials are STILL on the gravy train 

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Champagne Eurocrats: Private jets, fine wine and ‘shooting range rental’ rack up eye-watering sums as Brussels audit reveals EU officials are STILL on the gravy train – with UK contributing £9billion in membership fees this year Almost £400,000  was spent on private jets by Donald Tusk’s administration Other eye-catching sums were  £90,000 on hiring ‘meeting rooms’ at … Read more

Couple who moved in together after one date to spend lockdown together reveal they take daily audit

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Woman who moved in with man she’d been on one date with for lockdown sparks furore by revealing they do a ‘daily audit’ to make sure they’ve exercised three times, meditated and listened to a podcast together Speaking to the Guardian, a couple revealed they exercise three times a day They added they take daily … Read more

Watchdog warns audit firms to up their game and stop misleading

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Watchdog warns audit firms to up their game and stop misleading the public and shareholders By Lucy White For The Daily Mail Published: 22:53 BST, 5 May 2020 | Updated: 23:39 BST, 5 May 2020 Beancounters must get better at flagging poor quality audits to avoid misleading shareholders and members of the public, the accounting … Read more

Big four audit firm Ernst & Young faces quiz over NMC role

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Accounting watchdog launches investigation into Ernst & Young over its audit of scandal-hit NMC Health By Matt Oliver For The Daily Mail Published: 22:10 BST, 4 May 2020 | Updated: 22:10 BST, 4 May 2020 The accounting watchdog has launched an investigation into Ernst & Young (EY) over its audit of scandal-hit NMC Health.  The … Read more

Britain’s £4.2bn foreign gender equality budget must be managed better, says National Audit Office

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Fury over £4.2billion feminist foreign aid as spending watchdog warns overseas projects that receive financial gifts are not being properly assessed National Audit Office praises ‘ambitious’ plan to improve global gender equality But it tells foreign aid bosses to improve how it will deliver the £4.2bn scheme  Britain has previously spent millions on a Spice … Read more

Accountancy firm hired by Sports Direct’s Mike Ashley bungles its audit

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Accountancy firm hired by Sports Direct’s Mike Ashley ditches its top brass after finding problems in their own audit By A Daily Mail Reporter Published: 23:00 GMT, 5 January 2020 | Updated: 11:09 GMT, 6 January 2020 The accountancy firm hired by Mike Ashley to audit his retail empire has ditched its own top management … Read more