Keep up with what has been happening this week in our latest accountancy news round-up…

KPMG launch specialist practice to support clients through energy transition

KPMG have launched a new specialist Energy Lead Advisory practice; which will help support clients which would like to embrace the new ‘net-zero’ economy and de-carbonise.

Department of Education reveals £6m spent on accountancy fees to dissolve colleges

At the House of Commons Public Accounts Committee hearing, the Education and Skills Funding Agency’s director of provider market oversight told MPs that £6 million has been spent on administrators from BDO to put Hadlow College and West Kent and Ashford College through administration.

LHP Chartered Accountants acquires The Alexander Partnership

The Alexander Partnership has been acquired out of administration by LHP Chartered Accountants after the collapse of it’s former owner Juno Moneto Group.

KPMG pursued by Deloitte over audit of Goals Soccer Centres

Following its accounting fraud from 2009, Deloitte are pursing KPMG over its audit of football pitch operator Goals Soccer Centres.

Arcadia could be on the brink of collapse due to the pandemic after store closures

Arcadia to appoint Deloitte after being unable to secure emergency funding

Retail group Arcadia, which owns brands such as Topshop and Burton could be on the brink of collapse as Sky news reported that Arcadia will appoint Deloitte in the next week after talk with lenders failed to reach an agreement.

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