PwC has reduced its global headcount for the first time since 2010, marking a significant change in direction for the Big Four professional services firm. The cut in staff numbers
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PwC has been fined £2.9 million for several breaches in its audit of Wyelands Bank, a defunct lender previously owned by metals magnate Sanjeev Gupta. The Financial Reporting Council (FRC)
The Financial Reporting Council (FRC) has launched an investigation into KPMG’s audit of betting giant Entain, adding fresh scrutiny to the Big Four accountancy firm’s practices. The probe, initiated in
The landscape of auditing is experiencing a profound transformation through artificial intelligence, yet the promised cost reductions remain elusive. Major accounting firms, including Deloitte, EY, KPMG and PwC, have poured
