EY

Australia’s Big Banks Defend Spending Millions On Outside Auditors
Australia’s Big Banks Defend Spending Millions On Outside Auditors
August 05, 2019  |  Regulation

Australia’s four biggest banks, along with large accounting firms, have joined forces to defend the use of independent audit firms as consultants. According to a...

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UK’s FRC Triples Fines Against Big Four Accountants
UK’s FRC Triples Fines Against Big Four Accountants
August 01, 2019  |  B2B Payments

The U.K.’s Big Four corporate accountancy and auditing firms — Deloitte, PwC, KPMG and EY — saw nearly three times as many fines last year...

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India Presses For Big Four Accountancy Review
India Presses For Big Four Accountancy Review
July 23, 2019  |  ANTITRUST

The Indian government is reportedly seeking an antitrust investigation into potential anticompetitive behavior among the nation’s Big Four accountancy and auditing firms, reports in Reuters...

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Big Four Accountancies Fail UK Audit Test
Big Four Accountancies Fail UK Audit Test
July 11, 2019  |  B2B Payments

All of the U.K.’s so-called Big Four accountancy firms — KPMG, PwC, EY and Deloitte — have reportedly failed to reach audit quality standards set...

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UK Financial Watchdog Ramps Up Auditor Oversight
UK Financial Watchdog Ramps Up Auditor Oversight
May 28, 2019  |  B2B Payments

U.K. financial watchdogs have stepped up their oversight of the accounting and auditing industry amid a string of corporate accounting scandals, collapses and questions over...

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Should Auditors Be Responsible For Catching Corporate Fraud?
Should Auditors Be Responsible For Catching Corporate Fraud?
May 09, 2019  |  B2B Payments

Tensions are running high in the U.K. corporate auditing arena. Amid calls to break up the so-called Big Four auditors – PricewaterhouseCoopers, Deloitte, EY and...

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EY Secures Biz Transactions On Public Blockchains
EY Secures Biz Transactions On Public Blockchains
April 18, 2019  |  B2B Payments

A new technology protocol announced by corporate accounting and auditing firm Ernst & Young (EY) aims to secure transactions made over public Ethereum blockchain. EY...

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UK Changes Course On Big Four Accounting Breakup
UK Changes Course On Big Four Accounting Breakup
April 03, 2019  |  B2B Payments

The U.K. may be changing course in its efforts to break up the Big Four accountancy firms after the Competition and Markets Authority (CMA) decided...

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Bitcoin Daily: QuadrigaCX On The Verge Of Bankruptcy; Bitcoin Pops 20 Pct
Bitcoin Daily: QuadrigaCX On The Verge Of Bankruptcy; Bitcoin Pops 20 Pct
April 03, 2019  |  Bitcoin

An anonymous buyer has helped bitcoin rise to its highest level in nearly five months. According to Reuters, the crypto broke $5,000 for the first...

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