August 13, 2020

Deloitte U.K.

Deloitte U.K. CEO Says Employee Has Coronavirus

In an email to staff on March 3, Deloitte U.K. CEO Richard Houston said one of the firm’s London employees who recently vacationed in Asia has been hospitalized after testing positive for coronavirus, the Financial Times reported. Deloitte said it was “deep cleaning” one floor of its offices in London but hadn’t quarantined its New […]

Deloitte U.K. Screw-Up Results In £1 Million Fine From the ICAEW

A Big 4 firm was fined by a regulator across the pond today, and for once, it wasn’t because of its lack of auditing prowess. BUT! It did involve running afoul of independence rules. The Financial Times reported: The administrators to collapsed electricals retailer Comet Group have been handed a record UK insolvency fine of […]

Gambling Addict Accountant Who Expensed Fake Uber Receipts Thought He Could Pull a Fast One on Deloitte

A former Deloitte accountant in the U.K. pulled a Houdini and somehow escaped prison time after he tried to screw the firm out of £95,540 ($121,202) by expensing bogus ride-share receipts over a three-year period to fund a secret gambling addiction. Gurgyan Singh Kaley pleaded guilty to two charges of fraud by abuse of position. […]