KPMG chief vows renewed equality drive & more…Keep up with the latest finance and accountancy news in our weekly round-up…
Premier League clubs are set for a loss of £1billion in revenue in their 2019-20 accounts due to the coronavirus pandemic, financial services firm Deloitte has predicted.
KPMG is seeking a multimillion pound funding line to keep some of the country’s best-known malls open during an insolvency process.
BDO now audits the second-highest number of listed companies in the UK as moves to shake up the sector have driven an increasing number of companies to firms outside the Big Four.
Bosses at KPMG have told staff they are committed to eradicating “discrimination and inequality of any kind”, making them the latest in a string of senior corporate figures to respond to George Floyd’s death in Minneapolis last week.
KPMG has been replaced by BDO as auditor of Ted Baker after the fashion firm’s £25 million inventory blunder. The retailer announced that BDO would take over the role after the AGM on 21 July.
Top 20 firm Smith & Williamson’s delayed merger with Tilney to create a £45bn integrated wealth management and professional services business is to go ahead, after the two companies agreed a revised transaction structure and fresh financing.