August 11, 2020

KPMG U.K.

Big 4 Lawsuits: Wirecard Investors vs. EY, Australian Tax Office vs. PwC, Carillion vs. KPMG

Here’s a round-up of lawsuits filed against Big 4 firms in Germany, Australia, and the United Kingdom. Ernst & Young Sued Over Wirecard as Accounting Woes Add Up [Bloomberg] Wirecard’s longtime auditor EY is being sued just days after the payment processing company’s headquarters were raided as part of a market-manipulation probe. The German lawsuit […]

Layoff Watch ’19: A Bunch of KPMG U.K. Administrative Assistants Will Soon Have a Lot of Time on Their Hands

So sayeth the Financial Times: KPMG UK plans to make redundant about a third of its 630 administrative assistants in a wave of cost-cutting. Between 200 and 250 administrative support staff are expected to leave in the savings drive at the Big Four accounting firm. Those who are lucky enough to remain at the House […]