U.K.

The firm delivered a 4% rise to its 833 U.K. partners, similar to last year's levels, but they remain at the bottom of the pay table.

The accounting software, Horizon, had issues such as a loss of data, which meant payments and receipts didn't balance.

Glitches in the Japanese technology titan's Horizon software led to hundreds of local U.K. sub-postmasters being wrongly convicted of theft and false accounting.

Hundreds of sub-postmasters in the U.K. were wrongfully prosecuted for theft and false accounting after computer glitches led to shortfalls in their accounts.

The U.K.'s audit and accountancy regulator has opened an investigation into an accountant following solar farm investments made by a now bankrupt local authority.

Iris supplies software for the U.K. accounting, payroll, human resources and education sectors.

Tea merchants in both the U.S. and the U.K. continue to face tax problems, while stopping short of dumping their tea into Boston Harbor.

Iris supplies software for the accounting, payroll, human resources and education sectors.

Like other firms, KPMG has been battling a fall in demand for its services caused by the tougher economic climate.

Artificial intelligence will eliminate vast swaths of the repetitive, time-consuming tasks that typically filled up junior staffers' first few years on the job.