PWC

UK Moves Closer To Big Four Accountancy Breakup
UK Moves Closer To Big Four Accountancy Breakup
March 01, 2020  |  B2B Payments

The Financial Reporting Council (FRC), the U.K.’s audit regulator, announced plans this week to break up the dominance of the largest four accounting firms, Deloitte,...

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KPMG, PwC, EY To Put $9B Toward AI, Data Tech
KPMG, PwC, EY To Put $9B Toward AI, Data Tech
January 02, 2020  |  B2B Payments

The largest accounting firms – EY, Deloitte, KPMG and PwC – are investing billions of dollars in artificial intelligence (AI) and data technology products to...

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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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