Leading audit, tax and consulting firm RSM UK, has appointed Helen Brocklebank as its new regional managing partner in the Midlands, effective from 1 April 2024.
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Audit
EY has achieved a second year of double-digit revenue growth, with UK revenues up 16% and fee income increasing to a record £3.76bn from £3.23bn the previous year. This market leading performance has been underpinned by long term investments in people, audit quality and technology. Distributable profits before tax increased 4% to £659m.
Bosses at EY have agreed to push ahead with a split of its audit and consulting arms in the biggest shake-up of a Big Four accounting giant in decades.
Deloitte has announced it is set to hire more than 6,000 new people into the firm’s UK Audit & Assurance practice over the next five years. This is at least 1,200 new auditors and assurance professionals every year between now and 2027.
Alexis Aupied has now joined Mazars’ Melbourne office as a partner in its audit and financial advisory division after 14 years at EY where he was a director and the French business desk leader.
BDO in the UK, German, and the US has won its largest-ever international audit client, replacing KPMG as auditor of software giant SAP.
FTI Consulting has come to an agreement with UAE-based accounting and advisory firm RAI to offer their individual services to respective client bases in Saudi Arabia and the UAE.
The UK’s Big Four accounting firms have until 2024 to separate their audit practices following a severe edict from the accounting regulator that marks the largest shake-up of the industry in decades. The Financial Reporting Council has issued principles for the operational separation of the audit units of PwC, Deloitte, KPMG and EY.
Beth Altman, former executive at KPMG accounting firm, joined Allscripts' board of directors as a member of the audit committee of the board, according to a news release.