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First Brands’ creditor sues BDO over car parts maker’s collapse
April 30, 2026Hedge fund Black Diamond claims at least $70mn in damages against audit firm
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KPMG shuts US government audit practice after losing army contract
April 29, 2026Pentagon consolidates work in push to modernise its accounts following years of failed inspections
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First Brands chose BDO for ‘less rigorous’ audit, witness says
April 28, 2026Former executive told investigator examining company’s failure that firm had ‘most unsophisticated’ process
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Grant Thornton US to buy Australian sister firm as part of global spree
April 28, 2026Private equity-backed accounting group vies with UK business to create international network
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KPMG and EY demote partners in end of job-for-life model
April 24, 2026Move is a departure from the practice of simply asking underperforming senior partners to retire
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KPMG to axe 10% of US audit partners
April 23, 2026Cull comes after years of low uptake for voluntary retirement scheme
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PwC fined $166mn by Hong Kong regulators over Evergrande audit
April 23, 2026Big Four firm also faces six-month ban on new clients related to its work on failed property developer’s books
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PwC plans overhaul of global consulting business
April 14, 2026Shake-up spurred on by rise of AI and threat of major upheaval across the industry
