Senator says US regulator needs to take tougher line against ‘repeat offenders’
Social media promotion and increase in US-style funding leads to more complex and costly cases
Fewer US students are taking up accountancy, and 75% of CPAs are near retirement
Big Four accounting firm tries to manage cash flow issues by deferring 2% of annual compensation
Big Four accounting firm to reorganise areas of the business affecting 2,700 staff and partners
Administrators say inspection of general ledger would have ‘quickly’ led to identification of fraud
A former employee at the accounting firm has been charged with fraud
Head of financial services division becomes first woman to run day-to-day operations at a Big Four British business
Revenue growth slows at Big Four firm as clients cut spending on consultants
Law firm Duncan Lewis drops case against government after justice secretary agrees to review pay
Financial Reporting Council says outside investment into the sector would bring risks
UK financial advice firm beats competition from larger, national companies in the annual FT Adviser rankings
Mounting costs and legal claims dent profits at Big Four accounting firm
Buyout groups can help revamp the profession, but there will also be unintended consequences
Leaked report, which the carmaker claimed cleared it from forced labour allegations, shows audit fell short, according to experts
Buyout firms EQT and Permira also in running for mid-tier accountancy firm
Chancellor seeks to save £1bn on external contracts as part of spending review ahead of UK Budget
Regulator’s case against Prager Metis details alleged failures in examining the exchange before its collapse
Lavish training institute on tropical island under review as firm reels from fallout from its audits of failed property developer
Tougher economic conditions prompt companies to cut spending in firm’s key markets
Crypto exchange founder says its former lawyers’ ‘work for the prosecution’ denied him a fair trial
Awards highlights include: generative AI, social mobility in law firms, dealmaking, sustainability and the most innovative law firms and individuals
Big Four firm pays $62mn fine and fires 11 staff over audit of collapsed developer
How generative AI is working out in the legal sector. Plus: 50 innovative law firms ranked; top legal practitioners and intrapreneurs; reviving London as a financial centre; social mobility in firms; and climate litigation harnesses human rights law
FT Innovative Lawyers awards celebrate the individuals who lead in making change happen
