U.K.

The sanctions were tied to audits of the engineering service provider and government contractor's financial statements for the 2019 and 2020 fiscal years.

Former banking boss Jayne-Anne Gadhia has been picked to chair the U.K.'s audit regulator, the government announced.

King Charles and Prince William disclosed their personal tax obligations for the first time in their current roles in an attempt to increase the transparency of the British monarchy's finances.

The firm is offering voluntary redundancy packages to a number of staffers in response to low levels of staff attrition in its audit practice.

The Financial Reporting Council is probing accountancy firms linked to Market Financial Solutions Ltd., a mortgage lender backed by multiple Wall Street banks.

The U.K. arm of the Big Four accountancy firm is merging its consulting and risk divisions, shrinking its offering from five service lines to four.

The former ambassador forwarded internal emails about tax policy proposals to Jeffrey Epstein while a member of former prime minister Gordon Brown's cabinet.

The venerable U.K. retailer also cut its annual dividend after an accounting error in its North American business triggered a stock slump.

The firm, which now has more than 500 partners, said its deals practice shrank 4% and its audit unit was down 3.7%, while its tax business grew 3.4%.

An accounting error forced the British retailer to cut its profit outlook in North America for a second time, prompting Carl Cowling's departure.

U.S. investigators are demanding a former executive's communications with the U.K. auditor and others involved in financial reporting before the startup's bankruptcy.

The Big Four firm kicked off a review of some of its internal services teams in Britain in recent weeks.

Reducing K-1 penalties; another use for property taxes; 183 isn't always added up the same; and other highlights from our favorite tax bloggers.

Accountants have become key members of U.K. soccer clubs to find ways around spending rules and salary caps.

The scale of the retailer's overstatement is "quite shocking" and will likely impact management credibility, said one analyst.

Ember's accounting advisory services will be discontinued following the takeover, with around 30 employees being offered other roles at Starling.

The U.K.'s accounting watchdog is investigating Deloitte LLP's work on Glencore Plc and a U.K. unit, amid corruption scandals involving the commodity giant.

The Financial Reporting Council is probing several audits carried out by Deloitte and U.K. accounting firm Azets Holdings between 2017 and 2023.

The Chartered Institute of Management Accountants named John Graham as its next president, succeeding Simon Bittlestone, effective today.

The Financial Reporting Council found EY "demonstrated a complete lack of professional skepticism" and failed "to be alert to conditions that may have indicated possible fraud."