Tag: EY
about 1 year ago
cityam.com

EY to push ahead with mid-year promotions after KPMG calls off April round

EY has said it is pushing ahead with this year’s round of mid-year promotions “as normal,” following reports that Big...

Read Full Article
almost 2 years ago
cityam.com

Bulk annuity transactions set to hit record levels in 2022

The UK market for bulk annuity transactions is on track to hit record levels this year, pensions experts have said. T...

Read Full Article
almost 2 years ago
cityam.com

EY carve-up decision delayed as partners mull plans

The planned break-up of ‘Big Four’ firm EY has been pushed back to the end of the year as bosses mull the practicalit...

Read Full Article
almost 2 years ago
cityam.com

Global split could let EY bring in extra $10bn in Silicon Valley advisory fees, firm chief says

A global split could let EY bring in an extra $10bn in advisory fees from the world’s major tech companies, by freein...

Read Full Article
almost 2 years ago
cityam.com

UK accounting watchdog calls on top auditors to put in place measures to stop cheating on exams

The UK’s accounting watchdog has called on the country’s major audit firms to put measures in place to prevent employ...

Read Full Article
almost 2 years ago
cityam.com

PwC set for record revenues as global chief rejects plans for split

The global head of PwC has said the accounting firm is set to post record revenues of around $50bn this year, after s...

Read Full Article
almost 2 years ago
cityam.com

ESG faces reckoning after being 'hijacked' by marketeers, EY sustainability chief warns

EY’s sustainability chief said the ‘environmental, social and governance’ (ESG) label had been “hijacked” by marketee...

Read Full Article
almost 2 years ago
cityam.com

EY to brief UK partners on plans to split up business in biggest Big Four shakeup in decades

EY is set to brief its UK partners on plans to break up the firm as the accounting firms pushes forwards with plans f...

Read Full Article
almost 2 years ago
cityam.com

EY agrees record $100m settlement with US regulator over ethics exam cheating scandal

EY has reached $100m (£82m) settlement with the US Securities and Exchanges Commission (SEC) over claims the Big Four...

Read Full Article
almost 2 years ago
cityam.com

Tory MP warns of 'conflicts of interest' in UK's accounting watchdog after FRC hired EY to advise...

A Tory MP has warned of potential conflicts of interest inside the UK’s accounting watchdog, following reports that B...

Read Full Article
almost 2 years ago
cityam.com

EY partners could get $8m in shares each following Big Four firm's split

Partners at EY could be in line to receive windfalls worth $8m (£6.5m) each, if the accountancy firm pushes forwards ...

Read Full Article
almost 2 years ago
cityam.com

EY faces $2.7bn lawsuit over NMC Health audit

The administrators of collapsed healthcare group NMC Health’s bankruptcy proceedings have filed a $2.7bn (£2.1bn) law...

Read Full Article
almost 2 years ago
cityam.com

Big Four accountancy firm EY considers floating advisory business on the stock exchange

EY is considering listing its global advisory business on the stock market, as part of ambitious plans to separate ou...

Read Full Article
almost 2 years ago
cityam.com

EY working to spin off its audit business in major shakeup of the Big Four

EY is working on splitting its business in two, to separate out its audit and advisory operations. The accountancy fi...

Read Full Article
almost 2 years ago
cityam.com

UK's audit sector trade bodies would not object to giving Big Four fines to the government

Two of the UK’s biggest audit industry trade bodies have said they would welcome any plans to see money raised throug...

Read Full Article
about 2 years ago
cityam.com

UK's accountancy sector turnovers soar to record highs

The UK’s accountancy firms generated more cash in March than in any other month on record, new Office of National Sta...

Read Full Article
about 2 years ago
cityam.com

EY faces $2.5bn lawsuit over NMC Health audit

Big Four accountancy firm EY faces a $2.5bn (£2bn) lawsuit over its audit of collapsed healthcare company NMC Health,...

Read Full Article
about 2 years ago
cityam.com

Thousands of consultants now working to achieve Chartered status, one year after qualification's ...

London consultants are increasingly seeking to certify their professional achievements by attaining Chartered Consult...

Read Full Article
about 2 years ago
cityam.com

UK's audit watchdog set to take back control over licensing of Britain's major accountancy firms

The UK’s audit watchdog is preparing to strengthen its powers to sanction Britain’s major accountancy firms. The Fina...

Read Full Article
about 2 years ago
cityam.com

EY to double size of consulting team by hiring 5,100 consultants over the next four years

Big Four accountancy firm EY is set to double the size of its UK consulting team, by hiring 5,100 new consultants ove...

Read Full Article
about 2 years ago
cityam.com

Big Four cut ties to China's debt-ridden property giants as developers delay results

The Big Four auditors have begun cutting their links to China’s heavily indebted property developers, amid mounting c...

Read Full Article
about 2 years ago
cityam.com

Accounting vacancies boom will benefit London as job openings bounce back to pre-pandemic levels

The number of job openings for accountancy positions has rebounded following after dropping sharply during the pandem...

Read Full Article
about 2 years ago
cityam.com

Major shakeup is needed to fix the Big Four, expert says

A prominent academic has called on the government to expedite its audit reforms, after arguing a serious shakeup is n...

Read Full Article
about 2 years ago
cityam.com

Big Four auditors EY, KPMG, Deloitte and PwC face SEC probe over conflicts-of-interest

The US watchdog tasked with regulating financial markets has launched an investigation into potential conflicts of in...

Read Full Article
about 2 years ago
cityam.com

German law firm launches class action lawsuit against EY over Wirecard scandal

A German law firm has opened a class action lawsuit against Big Four accountancy firm EY over the auditor’s role in t...

Read Full Article
about 2 years ago
cityam.com

Sanctions will force consultancies to drop Russian clients, consultancy trade body says

The trade body for management consultancies has said the UK government’s sanctions on Russia and Belarus will “inevit...

Read Full Article
about 2 years ago
cityam.com

Irish accountancy watchdogs raises concerns over Deloitte and EY audits

Ireland’s audit watchdog has said flagged issues with audits carried out by Big Four accountancy firms Deloitte and E...

Read Full Article
over 2 years ago
cityam.com

UK government to set out plans for audit watchdog overhaul imminently after years of delays

UK government ministers will set out their plans to reform regulation of the UK’s auditing industry within the coming...

Read Full Article
over 2 years ago
cityam.com

EY, Deloitte, KPMG, and PwC are the biggest employers of business grads, new figures show

Business school grads are more likely to go into consulting, than any other industry, according to a survey of 300,00...

Read Full Article
over 2 years ago
cityam.com

Bain, McKinsey, and BCG outgun Big Four with huge salaries and bonuses

The Big Three consulting firms – Bain, McKinsey, and Boston Consulting Group (BCG) – are now offering considerably hi...

Read Full Article
over 2 years ago
cityam.com

EY to open office for "neuro-diverse" tech workers in Manchester

Accountancy firm EY is set to open an office for “neuro-diverse” tech workers in Manchester. EY said it will hire 100...

Read Full Article
over 2 years ago
irishtimes.com

Mary Robinson to receive EY award

Some 24 finalists from a number of industries to fight it out across three categories

Read Full Article
over 3 years ago
wsj.com

String of Firms That Imploded Have Something in Common: Ernst & Young Audited Them

The Big Four accounting concern reviewed the books of Wirecard, Luckin Coffee and other companies where investors los...

Read Full Article