PWC

UK Accounting Giants Reserve $212M For Possible Fines
UK Accounting Giants Reserve $212M For Possible Fines
December 27, 2019  |  B2B Payments

The U.K.’s so-called Big Four accounting giants — PwC, Deloitte, KPMG and EY — have reportedly set aside more than $212 million in preparation for...

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Deep Dive: The Many Roads To Digital-First Banking
Deep Dive: The Many Roads To Digital-First Banking
November 15, 2019  |  Banking

PYMNTS’ Where Will We Bank Next? Survey found that banking customers are increasingly placing a higher value on convenience, personal data security and appealing products....

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Auditors Ready To Drop Riskiest Corporate Clients
Auditors Ready To Drop Riskiest Corporate Clients
August 08, 2019  |  B2B Payments

As pressure continues to mount on the so-called Big Four corporate auditors in both Australia and the U.K., the Financial Times reports that the conglomerates...

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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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Ex-BBVA Exec Under Investigation For Spying Allegations
Ex-BBVA Exec Under Investigation For Spying Allegations
July 03, 2019  |  Banking

The former chief operating officer of Spanish lender BBVA is under investigation for corporate spying. Ángel Cano, along with seven other current and former bank...

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PwC’s Xero Accounting Partnership Goes Global
PwC’s Xero Accounting Partnership Goes Global
June 19, 2019  |  B2B Payments

Corporate audit and accounting company PwC is expanding its existing collaboration with small business cloud accounting company Xero. The companies announced in a press release...

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