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Deloitte’s Mars FX audits face fresh scrutiny after court authorises subpoenas
Mars FX representatives can now seek Deloitte records in the Cayman Islands, while an investor challenges four years of clean audit opinions.
 • Claudine Cassar
Big Four split over Australia’s 20-year auditor rotation plan
PwC and Deloitte oppose mandatory rotation; KPMG and EY favour a softer “comply or explain” regime.
 • Claudine Cassar
EY is spending $100 million to reward the ‘human’ skills AI lacks
EY US is putting $100 million behind a new employee rewards programme that pays for judgement, adaptability and innovation — as the Big Four rethink…
 • Claudine Cassar
PwC Australia faces potential investor class action over Corporate Travel Management audits
Phi Finney McDonald says it is “well advanced” in investigating claims against CTM and its former auditor over years of financial reporting. No class…
 • Claudine Cassar
Macquarie drops KPMG as future auditor, citing capacity and culture concerns
Macquarie will retain PwC after concluding that departures from KPMG’s proposed audit team and concerns about the firm’s culture have undermined its…
 • Claudine Cassar
Deloitte secures more Air Force work as Pentagon draws boundaries around consultant cuts
The Pentagon is cutting consultant spending and pushing work in-house, while still awarding substantial Air Force contracts to Deloitte.
 • Claudine Cassar
EY Ghana fined GH¢360,000 over unlicensed cybersecurity work before regulator says issues resolved
Ghana’s cyber regulator said EY had continued providing regulated services despite repeated directives, before the two sides announced hours later that…
 • Claudine Cassar
KPMG to stop FairCall for audit clients as whistleblower scandal clouds hotline business
KPMG says new fraud auditing rules create an independence conflict, but the move comes after its own whistleblower failures prompted questions about…
 • Claudine Cassar
EY US to keep assurance interns for up to a year as AI reshapes entry-level audit
New Career Residency will let selected interns work part-time while completing college — with successful participants potentially joining EY in an…
 • Claudine Cassar
Evergrande liquidators challenge PwC’s HK$1bn shareholder settlement
Liquidators argue the SFC lacked authority to agree the compensation deal and that it unfairly allows shareholders to recover from PwC ahead of…
 • Claudine Cassar
KPMG and EY win up to £456m in UK civil service training contracts as government moves skills in-house
The Cabinet Office has directly awarded KPMG and EY contracts with a combined maximum value of £456 million including VAT to provide civil service…
 • Claudine Cassar
PwC UK moves equity partners to MD roles to protect profit pool
Half a dozen former equity partners have become managing directors since PwC introduced the grade, as the firm tightens access to its profit-sharing…
 • Claudine Cassar
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