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Friday Footnotes: Working Late; The Year of the ESOP?; It’s Not Layoffs, It’s “Repositioning” | 1.5.24

Going Concern

An expert in ethical finance in City’s Department for International Politics, Atul’s research focuses on finance, accounting, corporate governance and regulation. I am fortunate to have been raised in a tradition and culture of ethical accounting,” he says. It’s time the ‘Big Four’ were given what for, says Chris Blackhurst.

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UK Accounting Watchdog Ramps Up Fines

PYMNTS

The FRC issued fines totaling $19 million against PricewaterhouseCoopers (PwC) and KPMG last week, while the regulator also sent KPMG an unprecedented warning that its auditing processes are subpar. Scrutiny of the FRC ramped up earlier this year, following a government probe into the collapse of contractor Carillion.