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Plus, Harvey Schwartz confronts a big challenge at Carlyle
Prosecutors concede wire fraud charge cannot stand against former managing partner and PCAOB employee
Prominent split backer Andy Baldwin faces hurdles in push to succeed Carmine Di Sibio
Asian trustee of German payments firm admits fabricating documents
Financial Reporting Council in the process of making significant reforms to improve auditing
New US rules are impractical and would send fees soaring, industry group says
Deficiency rate is ‘completely unacceptable’, according to PCAOB chair
Big Four firm’s initial estimates show jump in deficiencies found in work by overseas auditors
Six biggest global groups are failing to assess environmental issues in company accounts, law charity alleges
Contract for bank enlarged by Credit Suisse takeover will require firm to call in staff from other countries
Fee tussle comes as Beijing increases scrutiny of western accounting and consulting firms
Financial Reporting Council’s annual review reveals challenge midsized firms face in taking on Big Four
S&P 500 companies paid $5.3bn in 2022, up just 3.2% as they held line on costs
Decision by Insolvency Service is the first boardroom ban on an executive of failed construction company
A quality assurance role for companies and investors is to discourage audit partners from overpaying themselves while underpaying juniors
Chair of regulator defends tough stance on standards and says firms have resources to raise wages
Accountancy firm KPMG, hedge fund Coatue and VC firm Headline among those incorporating the technology
Shortage of qualified accountants is worsening as young people seek better-paid jobs
Firms in the US and Singapore gain business as Washington’s accountant inspections begin
Government asked police to investigate given seriousness of the misconduct
Hywel Ball will be allowed to work beyond Big Four firm’s mandatory retirement age of 60
International executives flown to Sydney likely to remain for several months as investigations of tax leak continue
Judge rules that £63mn claim against Big Four accountancy firm ‘lacks any real cogency’
Big Four firm flies top global executives to Sydney in effort to stem spiralling crisis
Examinations are the first by accountancy watchdog under new agreement with Beijing
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