Bosses on the hook for accounting errors in shake-up of audit rules 

Bosses to be held responsible for accounting errors in major shake-up of audit rules By Mark Shapland For The Daily Mail Published: 01:14 GMT, 17 March 2021 | Updated: 01:39 GMT, 17 March 2021 Senior executives will be on the block for accounting errors in a major shake-up of audit rules. In reforms to be … Read more

Diversity champion, 49, at accounting giant Deloitte quits role amid bullying probe

Deloitte Diversity champion, 49, quits role amid ‘bullying probe’: Self-styled ‘LGBTQ+ ally’ ‘steps down’ as accounting giant investigates her ‘aggressive communication’ methods EXCLUSIVE: Dimple Agarwal was UK deputy chief executive at Deloitte Diversity champion faces allegations of bullying from staff, reports Telegraph Colleagues have accused her of ‘communicating aggressively’, say the reports Ms Agarwal was instrumental … Read more

WPP gets its numbers wrong by £300m: Ad giant in accounting fiasco

Advertising agency WPP has admitted to understating its losses by hundreds of millions of pounds after an embarrassing accounting debacle. In a highly unusual error, it said its statutory losses were mis-stated by £301million for the first six months of this year. It means the record half-year loss of £2.6billion that the world’s largest advertising … Read more

Top Tory Graham Brady demands minister start accounting for the ‘real’ cost of lockdown

Ministers must start providing data on the ‘the real costs of Covid-19‘ on people’s lives, including throttling of NHS care and the economic impact of lockdown, a top Tory warned today. Sir Graham Brady said the Government had ‘a duty to take into account the best interests of the nation as a whole’ but could not … Read more

Fury over accounting shake-up delays a year after Thomas Cook collapse

Fury over delays to accounting shake-up: MPs hit out a year after Thomas Cook collapse By Francesca Washtell For The Daily Mail Published: 21:51 BST, 13 July 2020 | Updated: 21:51 BST, 13 July 2020 MPs have slammed the Government for ‘dragging its feet’ on audit reforms and bringing in a new accounting industry regulator. … Read more

BUSINESS LIVE: Car dealer Lookers warns of suspected fraud; Tesco accounting probe ends

BUSINESS LIVE: Car dealer Lookers warns of suspected fraud; Tesco accounting probe ends; Spread-betting firm Plus 500 reports spike in customers By This Is Money Published: 07:56 BST, 8 June 2020 | Updated: 07:59 BST, 8 June 2020 Car dealership Lookers has warned it might have to suspend its shares after the business discovered a … Read more