Merk: audit

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PwC fined nearly £1.8m over BT fraud audit failures

11 Uitsigte0 Opmerkings

PwC has been fined almost £1.8m for failing to properly scrutinise the accounts of telecoms company BT after a £500m accounting fraud had been uncovered at its Italian operation. The accounting giant failed to act wit...

Investigation debunks bogus ‘audit’ claiming 300 dead people voted in Arizona in 2020

16 Uitsigte0 Opmerkings

After spending months reviewing the 2020 election in Arizona last year, Cyber Ninjas, the firm overseeing the so-called audit said it believed nearly 300 dead people may have voted. It was one of a series of allegatio...

NSW government underspent on PPE and mental health, audit of $7.5bn Covid spending finds

47 Uitsigte0 Opmerkings

The New South Wales government underspent on personal protective equipment and mental health services and forked out close to $200m on faulty imported masks and ventilators as part of the state’s $7.5bn pandemic expen...

KPMG to be fined £14m for forging documents over Carillion audit

43 Uitsigte0 Opmerkings

KPMG will pay one of the largest fines in UK audit history, after former staff forged documents and misled the regulator over audits for companies including the collapsed outsourcer Carillion. The Financial Reporting ...

Oxford and UCL tipped to win lion’s share of grants in UK research audit

37 Uitsigte0 Opmerkings

British universities are producing a greater depth of world-leading research than previously realised, the results of a large exercise examining the output and real-world impact of 76,000 academics in the UK suggests....

UK Foreign Office rushed £4.2bn of aid cuts, official audit finds

37 Uitsigte0 Opmerkings

The British government forced through £4.2bn in aid cuts so quickly it had little time to plan the impact they would have, or consult partners, according to an official audit. The National Audit Office (GEEN) said bila...

1.5bn unused PPE items in England have passed expiry date, says audit office

33 Uitsigte0 Opmerkings

Some 1.5bn items of personal protective equipment (PPE) in storage in England have passed their expiry date, the public spending watchdog has revealed, as health officials are urging the government to “get a grip” on ...

Most of Australia’s threatened species not monitored by government, audit finds

43 Uitsigte0 Opmerkings

The federal government cannot demonstrate it is protecting Australia’s endangered wildlife because it is not monitoring most species, habitats or threats and there is limited evidence conservation plans are implemente...

KPMG being sued for £1.3bn over Carillion audit

32 Uitsigte0 Opmerkings

KPMG is being sued for £1.3bn by government officials liquidating the collapsed contractor Carillion, in an unprecedented legal action against one of the big four auditors. Carillion’ collapsed in January 2018 with £7...

KPMG fined £3m for ‘serious failings’ in Conviviality audit

57 Uitsigte0 Opmerkings

KPMG has been fined £3m for failures during its audit of the Bargain Booze owner Conviviality and severely reprimanded in the latest blow to its reputation. The accounting regulator, the Financial Reporting Council (F ...

Cyber Ninjas, firm that conducted Arizona election ‘audit’, shuts down

46 Uitsigte0 Opmerkings

Cyber Ninjas, the firm that was contracted by Arizona Republicans to carry out a widely-criticized review of 2.1m ballots cast in the presidential election, is shutting down amid a legal battle seeking to force the co...

London has more statues of animals than of named women, audit finds

88 Uitsigte0 Opmerkings

The number of sculptures that feature animals in London is double that of named women, a study has found, as the mayor office announces £1m fund to champion diversity in the capital’s public spaces. The findings show ...

Arizona Republican ‘audit’ finds even bigger lead for Biden in 2020 verkiesing

91 Uitsigte0 Opmerkings

A partisan, Republican-instigated so-called “audit” of the 2020 election result in Arizona has confirmed that Joe Biden did indeed beat Donald Trump in Maricopa county, the state’s most populous county, volgens 'n...

Audit office blames UK government for botched £1.5bn green homes scheme

55 Uitsigte0 Opmerkings

A “botched” scheme to insulate England’s draughty homes collapsed after six months because officials rushed its design, put in place an undeliverable timetable, and failed to heed industry warnings, Whitehall’s spendi...

EY fined by UK accountancy watchdog over Stagecoach audit failings

76 Uitsigte0 Opmerkings

EY has been fined more than £2.2m by the UK accountancy watchdog for failing to properly challenge Stagecoach bosses when auditing their accounts for 2017. The Financial Reporting Council (FRC) has also sanctioned Mar...

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