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...The firm last month accepted a €500,000 fine from Germany’s audit watchdog over alleged violations of its professional duties as well as a two-year ban on taking on new, large, listed audit clients....
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...“It is a global issue and something the accounting profession as a whole needs to look in the mirror and take note of how this behaviour could develop.”...
...scandal to hit a Big Four accountancy firm....
...The company said its audit committee had “engaged a large, globally recognised forensic accounting firm and a prominent independent global law firm” to review its accounting practices....
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...The UK’s accounting watchdog has warned that he is “sheriff for only half the county” and forced to “beg” for funding without long-delayed legislation to create a stronger audit regulator....
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...Deloitte said the most common instances of non-compliance were “related to financial relationships and employment relationships of approximately 145,000 professionals monitored”....
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...DisclaimerThe ranking comprises firms with a sufficient number of recommendations; a mention is positive and is a vote of confidence from the market. The ranking was created through a complex process....
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