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No Breakup For UK’s Big Four Accountancy Firms

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’s Big Four accountancy firms — KPMG , PwC , EY and Deloitte — have escaped a forced breakup from the Competition and Markets Authority (CMA), The Guardia n reported on Tuesday (Dec. ” “Most people will never read an auditor’s opinion on a company’s accounts,” he said.

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UK Moves To Split Audit And Consulting Profits At Big Four

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The Big Four accounting firms will have to put their United Kingdom auditing and consulting practices in separate business units by 2024, but may keep them within the same parent companies, under regulations announced today by the Financial Reporting Council. The measures by the U.K.’s

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UK Changes Course On Big Four Accounting Breakup

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may be changing course in its efforts to break up the Big Four accountancy firms after the Competition and Markets Authority (CMA) decided against such action late last year. Reports in Bloomberg on Monday (April 1) said a U.K. audits for large businesses. .”

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Blockchain Makes Headway Into Shipping Logistics

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Among the participants, alphabetically, are carriers CMA CGM, COSCO SHIPPING Lines, Evergreen Marine, OOCL and Yang Ming. In other initiatives tied to blockchain, Deloitte, the accounting firm, has partnered with identity-management firm Attest to bring blockchain digital ID services to enterprise and government clients.

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UK Auditing Market Pressure Grows With Parliamentary Probe

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Parliament will commence an inquiry into the nation’s corporate auditing market, which is currently dominated by the Big Four accounting firms Deloitte, PwC, EY and KPMG, adding new pressure on an industry already being probed by other policymakers. Reports in Reuters on Sunday (November 11) said the U.K.

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