<?xml version="1.0" encoding="utf-8"?><rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom"><channel><title><![CDATA[Accountancy - Newslocker]]></title><link>https://www.newslocker.com/en-uk/profession/accountancy/</link><atom:link rel="self" href="https://www.newslocker.com/en-uk/profession/accountancy/rss/" /><atom:link rel="hub" href="http://pubsubhubbub.appspot.com" /><description><![CDATA[Find your latest Accountancy news with just one click. Don't miss out on anything happening in your profession!]]></description><language>en-uk</language><copyright>Copyright (C) 2026 newslocker.com</copyright><lastBuildDate>Tue, 11 Feb 2025 16:32:00 +0100</lastBuildDate><item><title><![CDATA[Goldman Sachs and Deloitte are latest to scrap diversity initiatives]]></title><description><![CDATA[Banking giant drops policy pushing for board diversity, while major consultant tells staff to ditch pronouns in emailGoldman Sachs and Deloitte have become the latest corporate giants to redraw policies in the face of Donald Trump&rsquo;s anti-diversity drive.The banking giant has scrapped a policy meant to encourage diversity on the boards of companies that it takes public. Under the 2020 policy, Goldman had stated that it would only take on a company&rsquo;s initial public offering if the comp]]></description><link>https://www.newslocker.com/en-uk/profession/accountancy/goldman-sachs-and-deloitte-are-latest-to-scrap-diversity-initiatives/</link><pubDate>Tue, 11 Feb 2025 16:32:00 +0100</pubDate><guid>https://www.newslocker.com/en-uk/profession/accountancy/goldman-sachs-and-deloitte-are-latest-to-scrap-diversity-initiatives/</guid></item><item><title><![CDATA[KPMG under investigation over audit of gambling company Entain]]></title><description><![CDATA[FRC confirms inquiry into accounting firm&rsquo;s 2022 audit of Ladbrokes, Coral and Sportingbet ownerBusiness live &ndash; latest updatesThe accounting firm KPMG is under investigation by the sector&rsquo;s UK regulator over its audit of the 2022 accounts of the gambling company Entain.The Financial Reporting Council (FRC) said its enforcement division would be examining the conduct of the &ldquo;big four&rdquo; accounting firm, without saying what the investigation related to. Continue reading]]></description><link>https://www.newslocker.com/en-uk/profession/accountancy/kpmg-under-investigation-over-audit-of-gambling-company-entain/</link><pubDate>Mon, 20 Jan 2025 12:54:00 +0100</pubDate><guid>https://www.newslocker.com/en-uk/profession/accountancy/kpmg-under-investigation-over-audit-of-gambling-company-entain/</guid></item><item><title><![CDATA[Philippe Carden obituary]]></title><description><![CDATA[My partner Philippe Carden, who has died aged 74 of oesophageal cancer, was a well-known accountant in the field of theatre, film, television and the arts.He was passionate about all the performing arts and he combined this with a talent for making personal tax less daunting. He was much loved by his clients and always made a big impression with the graduating students at the London and Bristol drama schools with his annual lecture on &ldquo;How to survive the UK tax system&rdquo;. Continue read]]></description><link>https://www.newslocker.com/en-uk/profession/accountancy/philippe-carden-obituary/</link><pubDate>Wed, 08 Jan 2025 18:44:00 +0100</pubDate><guid>https://www.newslocker.com/en-uk/profession/accountancy/philippe-carden-obituary/</guid></item><item><title><![CDATA[Stephen Duckworth obituary]]></title><description><![CDATA[My father, Stephen Duckworth, who has died aged 85, dedicated much of his life to supporting the provision of social housing, economic justice and local community causes in North Kensington, London. He was a quiet, gentle man, described as &ldquo;secretly brilliant&rdquo; and a respected leader by colleagues and friends.Stephen was best known for his time as finance director of the National Housing Federation, from 1982 to 2002, playing a crucial role in guiding the introduction of private finan]]></description><link>https://www.newslocker.com/en-uk/profession/accountancy/stephen-duckworth-obituary/</link><pubDate>Sun, 05 Jan 2025 13:15:00 +0100</pubDate><guid>https://www.newslocker.com/en-uk/profession/accountancy/stephen-duckworth-obituary/</guid></item><item><title><![CDATA[UK job vacancies fall at fastest rate since pandemic as business confidence slumps]]></title><description><![CDATA[Blow to Labour growth hopes as poll finds demand for staff falling at &lsquo;sharp and accelerated pace&rsquo;, particularly in permanent rolesThe number of job vacancies in November fell at the fastest rate since the start of the pandemic, as business confidence slumped to its lowest level in almost two years, according to two new reports.In a damaging blow to the government efforts to boost growth, the latest monthly report on the job market from accountancy firm KPMG and the Recruitment and E]]></description><link>https://www.newslocker.com/en-uk/profession/accountancy/uk-job-vacancies-fall-at-fastest-rate-since-pandemic-as-business-confidence-slumps/</link><pubDate>Mon, 09 Dec 2024 07:00:00 +0100</pubDate><guid>https://www.newslocker.com/en-uk/profession/accountancy/uk-job-vacancies-fall-at-fastest-rate-since-pandemic-as-business-confidence-slumps/</guid></item><item><title><![CDATA[Microsoft Excel’s bloopers reel: nearly 40 years of spreadsheet errors]]></title><description><![CDATA[As the software used by millions around the world nears its 40th birthday, here are some of the low pointsFor millions of people, from accountants to the person in charge of the work rota, Microsoft Excel has been been a godsend.But as the spreadsheet software nears its 40th birthday, spare a thought for those who misplaced a decimal, left out a row or got their cut and paste wrong. Here are some of the most memorable examples. Continue reading...]]></description><link>https://www.newslocker.com/en-uk/profession/accountancy/microsoft-excels-bloopers-reel-nearly-40-years-of-spreadsheet-errors/</link><pubDate>Mon, 28 Oct 2024 15:00:00 +0100</pubDate><guid>https://www.newslocker.com/en-uk/profession/accountancy/microsoft-excels-bloopers-reel-nearly-40-years-of-spreadsheet-errors/</guid></item><item><title><![CDATA[China gives PwC record £47m fine and six-month ban over Evergrande]]></title><description><![CDATA[Accountancy firm accused of issuing false audits says it has sacked six partners and five other staff have leftThe China arm of the accountancy firm PwC has been banned for six months and fined a record 441m yuan (&pound;47m) over its audit of the collapsed property developer Evergrande, according to Chinese authorities.Beijing&rsquo;s ministry of finance imposed a six-month business suspension on PwC Zhong Tian, the accounting firm&rsquo;s main division in mainland China, along with a 116m yuan]]></description><link>https://www.newslocker.com/en-uk/profession/accountancy/china-gives-pwc-record-47m-fine-and-six-month-ban-over-evergrande/</link><pubDate>Fri, 13 Sep 2024 12:52:00 +0200</pubDate><guid>https://www.newslocker.com/en-uk/profession/accountancy/china-gives-pwc-record-47m-fine-and-six-month-ban-over-evergrande/</guid></item><item><title><![CDATA[PwC to start tracking working locations of all UK employees]]></title><description><![CDATA[Accounting firm tells its 26,000 workers move is to ensure workers spend &lsquo;minimum of three days a week&rsquo; in officeThe consultancy PwC has told its employees it is going to begin tracking their working locations to ensure that all workers spend &ldquo;a minimum of three days a week&rdquo; in the office or at client sites.In a memo sent to its 26,000 UK employees, the big four accounting firm announced that it will start monitoring how often employees work from home in the same way it m]]></description><link>https://www.newslocker.com/en-uk/profession/accountancy/pwc-to-start-tracking-working-locations-of-all-uk-employees/</link><pubDate>Thu, 05 Sep 2024 21:27:00 +0200</pubDate><guid>https://www.newslocker.com/en-uk/profession/accountancy/pwc-to-start-tracking-working-locations-of-all-uk-employees/</guid></item><item><title><![CDATA[UK public bodies spent ‘scandalous’ £3.4bn on private consultants last year]]></title><description><![CDATA[New figures reveal the public sector paid out at least 60% more to consultancies than it did before the pandemicPrivate consultants were paid a &ldquo;scandalous&rdquo; &pound;3.4bn by public bodies last year, new figures reveal.The statistics, from outsourcing data company Tussell, show that government spending on private consultants was &pound;1.3bn (62%) higher in 2023-24 than 2019-20. They also reveal that the surge in consultant spending seen during Covid has failed to come back down to pre]]></description><link>https://www.newslocker.com/en-uk/profession/accountancy/uk-public-bodies-spent-scandalous-34bn-on-private-consultants-last-year/</link><pubDate>Sat, 31 Aug 2024 15:00:00 +0200</pubDate><guid>https://www.newslocker.com/en-uk/profession/accountancy/uk-public-bodies-spent-scandalous-34bn-on-private-consultants-last-year/</guid></item><item><title><![CDATA[‘Scandalous’ £3.4bn UK state spending on private consultants last year]]></title><description><![CDATA[New figures reveal that public bodies paid out at least 60% more to consultancies in 2023-24 than it did pre-pandemicPrivate consultants were paid a &ldquo;scandalous&rdquo; &pound;3.4bn by public bodies last year, new figures reveal.The statistics, from outsourcing data company Tussell, show that government spending on private consultants was &pound;1.3bn (62%) higher in 2023-24 than 2019-20. They also reveal that the surge in consultant spending seen during Covid has failed to come back down t]]></description><link>https://www.newslocker.com/en-uk/profession/accountancy/scandalous-34bn-uk-state-spending-on-private-consultants-last-year/</link><pubDate>Sat, 31 Aug 2024 15:00:00 +0200</pubDate><guid>https://www.newslocker.com/en-uk/profession/accountancy/scandalous-34bn-uk-state-spending-on-private-consultants-last-year/</guid></item><item><title><![CDATA[PwC expecting six-month China ban over Evergrande audit]]></title><description><![CDATA[Company tells clients it also expects to receive a large fine following property developer&rsquo;s collapseThe auditor PwC China has reportedly told clients that it expects to receive a six-month ban from Chinese authorities, and potentially a large fine, as a punishment for its role in auditing the collapsed property developer Evergrande.PwC expects to be banned from conducting regulated activities in China, such as signing off on financial results, for six months starting in September, the Fin]]></description><link>https://www.newslocker.com/en-uk/profession/accountancy/pwc-expecting-six-month-china-ban-over-evergrande-audit/</link><pubDate>Thu, 22 Aug 2024 12:52:00 +0200</pubDate><guid>https://www.newslocker.com/en-uk/profession/accountancy/pwc-expecting-six-month-china-ban-over-evergrande-audit/</guid></item><item><title><![CDATA[PwC fined £15m for failing to report suspected fraud at City firm]]></title><description><![CDATA[Fine is FCA&rsquo;s first against an auditor and follows PwC being hit with &pound;4.9m penalty over audit by another regulatorThe UK financial services watchdog has fined PwC a record &pound;15m after audit staff failed to tell regulators they suspected fraud at a City firm that collapsed in 2019, leaving more than 11,000 investors almost &pound;240m out of pocket.It marks the first Financial Conduct Authority (FCA) fine against an auditor, and comes three months after PwC was hit with a &pound]]></description><link>https://www.newslocker.com/en-uk/profession/accountancy/pwc-fined-15m-for-failing-to-report-suspected-fraud-at-city-firm/</link><pubDate>Fri, 16 Aug 2024 16:22:00 +0200</pubDate><guid>https://www.newslocker.com/en-uk/profession/accountancy/pwc-fined-15m-for-failing-to-report-suspected-fraud-at-city-firm/</guid></item><item><title><![CDATA[PwC chief’s $1.2m bonus kept ‘secret for more than a year’, inquiry told]]></title><description><![CDATA[Kevin Burrowes received additional salary from the firm&rsquo;s international arm but did not initially reveal it to parliamentary inquiry into companyFollow our Australia news live blog for latest updatesGet our morning and afternoon news emails, free app or daily news podcastThe chief executive of PwC Australia, Kevin Burrowes, received a $1.2m payment from the consulting company&rsquo;s international arm which he did not initially reveal to the parliamentary inquiry into the 2015 leaking of c]]></description><link>https://www.newslocker.com/en-uk/profession/accountancy/pwc-chiefs-12m-bonus-kept-secret-for-more-than-a-year-inquiry-told/</link><pubDate>Fri, 02 Aug 2024 09:21:00 +0200</pubDate><guid>https://www.newslocker.com/en-uk/profession/accountancy/pwc-chiefs-12m-bonus-kept-secret-for-more-than-a-year-inquiry-told/</guid></item><item><title><![CDATA[Rachel Reeves urged to crack down on wealthy tax avoiders]]></title><description><![CDATA[Calls follow Guardian undercover investigation as chancellor poised to reveal &pound;20bn hole in UK financesRachel Reeves is facing calls to crack down on the super-rich using offshore pension schemes to avoid multimillion pound inheritance and capital gains tax bills, following a Guardian investigation.On Thursday, undercover filming revealed how ultra-wealthy individuals are being advised how to use a loophole in pensions investments to shelter their wealth from Labour&rsquo;s clampdown on la]]></description><link>https://www.newslocker.com/en-uk/profession/accountancy/rachel-reeves-urged-to-crack-down-on-wealthy-tax-avoiders/</link><pubDate>Fri, 26 Jul 2024 16:49:00 +0200</pubDate><guid>https://www.newslocker.com/en-uk/profession/accountancy/rachel-reeves-urged-to-crack-down-on-wealthy-tax-avoiders/</guid></item><item><title><![CDATA[Super-rich being advised how to avoid Labour tax clampdown, undercover investigation suggests]]></title><description><![CDATA[Revealed: Wealthy being pitched offshore products said to shelter fortunes from inheritance tax and capital gains taxThe super-rich are being advised how to use a loophole in pensions investments to shelter their wealth from Labour&rsquo;s clampdown on large-scale tax dodging, the Guardian can reveal.Undercover filming by the Guardian suggests multimillionaire UK residents are being pitched offshore products said to legally protect their fortunes from inheritance tax (IHT) and capital gains tax]]></description><link>https://www.newslocker.com/en-uk/profession/accountancy/super-rich-being-advised-how-to-avoid-labour-tax-clampdown-undercover-investigation-suggests/</link><pubDate>Thu, 25 Jul 2024 08:00:00 +0200</pubDate><guid>https://www.newslocker.com/en-uk/profession/accountancy/super-rich-being-advised-how-to-avoid-labour-tax-clampdown-undercover-investigation-suggests/</guid></item><item><title><![CDATA[Will the big consultancies finally pay the price? | Fiona Katauskas]]></title><description><![CDATA[Depends if you believe in fairy talesSee more of Fiona Katauskas&rsquo;s cartoons here Continue reading...]]></description><link>https://www.newslocker.com/en-uk/profession/accountancy/will-the-big-consultancies-finally-pay-the-price-fiona-katauskas/</link><pubDate>Thu, 13 Jun 2024 06:27:00 +0200</pubDate><guid>https://www.newslocker.com/en-uk/profession/accountancy/will-the-big-consultancies-finally-pay-the-price-fiona-katauskas/</guid></item><item><title><![CDATA[The PwC scandal put the big four in the spotlight – but hyper-corporate capitalism remains untouched | Ian Gow and Stuart Kells]]></title><description><![CDATA[Australia should be working with like-minded countries to design and build a new architecture of corporate oversight and integrityThe &ldquo;big four&rdquo; accounting firms &ndash; PwC, Deloitte, EY and KPMG &ndash; have long played a critical role in capitalism with their collective monopoly on audits of the financial reports of large corporations in every major jurisdiction around the world.With a combined total of well over a million employees, they are major players in a variety of business]]></description><link>https://www.newslocker.com/en-uk/profession/accountancy/the-pwc-scandal-put-the-big-four-in-the-spotlight-but-hyper-corporate-capitalism-remains-untouched-ian-gow-and-stuart-kells/</link><pubDate>Thu, 13 Jun 2024 02:23:00 +0200</pubDate><guid>https://www.newslocker.com/en-uk/profession/accountancy/the-pwc-scandal-put-the-big-four-in-the-spotlight-but-hyper-corporate-capitalism-remains-untouched-ian-gow-and-stuart-kells/</guid></item><item><title><![CDATA[The PwC scandal sparked scrutiny of advisory firms. Is Australia’s consulting sector about to see a reckoning?]]></title><description><![CDATA[Accountability and regulation are set to be prominent as the federal inquiry releases its final report on WednesdayGet our morning and afternoon news emails, free app or daily news podcastA federal inquiry is due to release its final report into consulting services on Wednesday in long-awaited findings that could redefine how the sector operates in Australia in the wake of the PwC tax leaks scandal.The parliamentary committee is set to address issues of accountability and regulation in its recom]]></description><link>https://www.newslocker.com/en-uk/profession/accountancy/the-pwc-scandal-sparked-scrutiny-of-advisory-firms-is-australias-consulting-sector-about-to-see-a-reckoning/</link><pubDate>Tue, 11 Jun 2024 17:00:00 +0200</pubDate><guid>https://www.newslocker.com/en-uk/profession/accountancy/the-pwc-scandal-sparked-scrutiny-of-advisory-firms-is-australias-consulting-sector-about-to-see-a-reckoning/</guid></item><item><title><![CDATA[&lsquo;Big four&rsquo; accountancy firms PwC and EY fined over LC&amp;F audit failures]]></title><description><![CDATA[Firms fined millions after London Capital &amp; Finance&rsquo;s 2019 crash wiped out customers&rsquo; savings&ldquo;Big four&rdquo; accountancy firms PricewaterhouseCoopers and EY have been fined a combined &pound;9.3m for a series of failures in auditing the accounts of London Capital &amp; Finance, the collapsed mini-bond firm that wiped out the investments of thousands of savers.It concludes a near four-year investigation by the Financial Reporting Council (FRC) into how auditors breached the]]></description><link>https://www.newslocker.com/en-uk/profession/accountancy/lsquobig-fourrsquo-accountancy-firms-pwc-and-ey-fined-over-lcampf-audit-failures/</link><pubDate>Tue, 07 May 2024 14:35:00 +0200</pubDate><guid>https://www.newslocker.com/en-uk/profession/accountancy/lsquobig-fourrsquo-accountancy-firms-pwc-and-ey-fined-over-lcampf-audit-failures/</guid></item><item><title><![CDATA[‘Incredible failure’: KPMG rejects claims it assessed ‘the wrong company’ before $423m payment to Paladin]]></title><description><![CDATA[Exclusive: Firm&rsquo;s denial comes after weeks of intense criticism, including accusations that it misled parliament &bull; Get our morning and afternoon news emails, free app or daily news podcastConsultancy firm KPMG Australia has rejected claims it conducted due diligence on &ldquo;the wrong company&rdquo; before the federal government gave nearly half a billion dollars to a controversial company with no track record.The firm&rsquo;s objection to comments by a member of a Senate inquiry exa]]></description><link>https://www.newslocker.com/en-uk/profession/accountancy/incredible-failure-kpmg-rejects-claims-it-assessed-the-wrong-company-before-423m-payment-to-paladin/</link><pubDate>Fri, 23 Feb 2024 20:00:00 +0100</pubDate><guid>https://www.newslocker.com/en-uk/profession/accountancy/incredible-failure-kpmg-rejects-claims-it-assessed-the-wrong-company-before-423m-payment-to-paladin/</guid></item></channel></rss>