EY under fire for role in auditing firm before collapse
The National Audit Office (NAO) has launched an investigation into the new financial services regulatory structure that came into effect this year.
The auditor of the suspended EEA Life Settlements fund has said the portfolio is worth $100m less than the value recorded in the company's financial statements.
The Accounting and Actuarial Discipline board has launched an investigation into the accounting errors discovered at RSM Tenon earlier this year.
The UK arm of accountancy firm PwC has been fined a record £1.4m after it failed to discover billions of dollars of client money had been ringfenced improperly at US bank J.P.Morgan Chase.