Tea, toast and marmite at the ready? Good! Then lets begin our third *ever* 9am Lowdown. Hold on to your hats, folks - here comes a lighthearted look at five of today's stories. 

KPMG has invited all its listed client companies to include in their annual reports broader qualitative commentary from the auditor.


A round-up of the latest news, executive moves and acquisitions from the world of practice during September 2014.


Update 5 September: A former KPMG director has been cleared of fraud at the Old Bailey this week. 


Online betting company Betfair has admitted in its 2014 annual report


KPMG’s fraud barometer has reported a rise in the number of younger, more 'tech-savvy' fraudsters in cases going through the Crown Courts.

Pharmaceutical company Smith & Nephew has appointed KPMG as its

KPMG will soon publish a review of its audit of Irish Nationwide Building Society after the mutual had to be nationalised in 2010 because of multi-billion pound losses.


KPMG is setting up a new tax office for compliance services in Birmingham. 

Heroic accountant Paul Sopher ended up saving more than a client's tax bill when he ventured out with his girlfriend for a few drinks near Temple, London last week.