Keep up with what’s been happening this week in our accountancy news round-up…
The chancellor, Sajid Javid, has insisted that the UK will go ahead with plans for a tax on big tech companies this spring despite a threat from the US to slap “arbitrary” tariffs on UK car exports.
A top PwC executive has left the firm after revelations of PwC links with Isabel Dos Santos, who is under investigation for corruption.
Leading accountancy bodies have called for company reporting to address progress towards the UN’s Sustainable Development Goals. The Institute of Chartered Accountants of Scotland and the Association of Chartered Certified Accountants are among six accountancy bodies which co-published the report.
KPMG is being pursued by a rival Big Four firm over its audit of five-a-side football pitch operator Goals Soccer Centres following accounting fraud dating back to 2009, according to The Sunday Times.
The luxury leather goods retailer Aspinal of London has hired advisers to assess a range of funding options amid parallel talks about a sale of the company.