KPMG has slashed 275 staff as part of its latest restructuring exercise in an attempt to streamline the business.
KPMG
Big Four accountants KPMG and Deloitte are being sued by an HP shareholder over their role in HP's purchase of UK software firm Autonomy.
KPMG has told its UK staff that up to 3% of roles, equating to more than 300 positions, will be “at risk” as part of a review across the entire business.
The High Court has reaffirmed a long-established principle as to whether a duty of care is owed by accountants towards third party investors.
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Health Secretary Andrew Lansley has drafted in a crisis team to deal with the dire financial situation at the South London Healthcare NHS Trust.
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If HMRC didn’t have such a knack for mishaps, KPMG’s embarrassment might be more acute after it was revealed that the Big Four firm failed to pay its staff as expected on Friday 27 April.
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Big Four firm KPMG, plus individual members of the ICAEW and CIMA, are being investigated for their conduct of audits into Lloyd's Syndicate 218, the underwriting group behind the UK’s fifth larges
KPMG’s quotable chairman got the biggest reaction at the CGMA launch event by challenging senior finance executives to understand and embrace social media. John Stokdyk reports.
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