EY offers virtual internships & more…Keep up with the latest finance and accountancy news in our weekly round-up…
KPMG is facing a £250m lawsuit for alleged negligence in its audits of Carillion before it collapsed in 2018.
EY has stated that as interns represent the future of EY and the workforce, the firm has pledged to honour its long-standing commitment to internships, despite the disruption by the coronavirus.
Britain’s accountancy watchdog has opened an investigation into EY’s audit of the scandal-ridden private hospital operator NMC Health, which collapsed into administration last month.
Deloitte, the big four accountancy firm, is proposing to slash pension contributions for thousands of UK staff as it seeks to maximise cost savings due to the COVID-19 pandemic.
Clarks has reportedly drafted in three of the Big 4 accountancy firms to work on a potential restructuring as it seeks to survive through the coronavirus pandemic.
Reports have surfaced criticising Deloitte’s role in expanding testing across the country. One testing centre Deloitte supports underperformed to the extent that local hospitals sought to take over the flagship operation from the Big Four giant.