There's much more to accountancy firms than audit and assurance – consultancy
and forensics are growing fast and corporate finance departments continue
to cash in in the City. But can they win the War for Talent?
The Big Four accounting firms have received a timely boost in their campaign for protection against catastrophic negligence claims, after an influential US business group signalled its support.
Despite having ended his ICAEW presidency yesterday, Peter Wyman will continue to work for the government as part of its efforts to lobby the US for exemptions from the now notorious Sarbanes-Oxley Act.
UK auditors of US-listed companies will be able to avoid registering with the US's fledgling accountancy regulator until April next year, the watchdog has confirmed.
Some consultants argue that careless cost-cutting during the last recession did more damage than the downturn itself - and they warn against repeating these mistakes this time.
By uncovering a few hundred tiny errors, an accounts payable auditor could save you the odd million quid. That kind of money may be immarterial come your year end - but the benefits of the auditor's analysis could stay with you for years to come.
There is still a discrepancy between what companies think will happen and what actually does happen so what should they do to avoid any nasty surprises?
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