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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
Resignation comes as firm nears conclusion of probe into failures related to handling of staff cheating scandal
Lord David Gold will conduct a review of planning and processes behind ‘Project Everest’
Big Four firm’s initial estimates show jump in deficiencies found in work by overseas auditors
Lawyers and accountants charge handsomely for human expertise — but firms have still been embracing the technology
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
Tech group first to be named as recipient of confidential information in auditor’s widening scandal
S&P 500 companies paid $5.3bn in 2022, up just 3.2% as they held line on costs
Billionaire hedge fund manager claimed firm misadvised him over investment in Tyneside enterprise zone
Decision by Insolvency Service is the first boardroom ban on an executive of failed construction company
BDO USA is ditching the profession’s traditional structure and becoming a corporation
UK watchdog also imposes penalty on two partners following three-year investigation
Salary bands to be frozen for some junior auditors despite calls to catch up with high inflation
Big Four firm launches its second round of job cuts this year affecting all areas, including its audit business
Accounting firm says education technology company failed to hand over 2021-22 financial results
Court-appointed examiner says lawyers and advisers have billed millions as they sort through crypto exchange’s ‘wreckage’
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