Mazars Acquires Boston-based Samet & Company PC & more…Keep up with what has been happening in our latest accountancy news round-up…
The national audit, tax and advisory firm Mazars has acquired Boston-based accounting firm Samet & Company PC. Following the acquisition, Mazars gained five partners, three managing directors and 65 new professionals.
The Financial Reporting Council (FRC) has unveiled plans to stimulate competition and resilience in the UK audit market, with a view to remedying the “high concentration” of power among the Big Four firms.
Accountancy and business advisory firm BDO has hailed the resilience of the UK’s mid-market businesses after posting increased revenues, although investments and the return to pre-Covid levels of costs led to a dip in profits.
KPMG UK is investing £5.5m in an overhaul of its Manchester office aimed at boosting collaborative working.