Shasat RSS Feed

Latest News

• Ousted head of US audit regulator warns accountants against cutting standards
  July 20, 2025

  Erica Williams defends issuing record fines after being pushed out by Trump

• Chief US audit regulator pushed out by Trump’s new SEC chair
  July 15, 2025

  Erica Williams told staff at Public Company Accounting Oversight Board that Paul Atkins asked her to resign

• BDO’s audit work strongly criticised by UK regulator
  July 15, 2025

  FRC says mid-tier accounting firm must improve its scrutiny of companies’ financial statements

• Deloitte and Azets probed over audits of collapsed UK fintech Stenn
  July 10, 2025

  Banks’ concerns over Stenn began when US authorities unsealed criminal indictments in money laundering case

• Wood Group accounts flagged by watchdog as far back as 2017
  July 6, 2025

  UK-listed engineering group subject to formal investigation as takeover talks languish

• EY broke US audit rules on Shell mandate two years in a row
  July 2, 2025

  Big Four firm in regulatory crosshairs after exceeding time limits on work for oil major in the US and UK

• Big accounting firms fail to track AI impact on audit quality, says regulator
  June 27, 2025

  Financial Reporting Council finds some auditors also lacked performance indicators for automated tools used

• Big Four firms fined in new exam cheating scandal
  June 25, 2025

  Dutch arms of Deloitte, PwC and EY pay total of $8.5mn after ‘hundreds’ of staff shared answers on internal tests