Big4 in the news

KPMG plans merging the UK and Swiss firms

https://www.reuters.com/markets/deals/kpmg-plans-merger-uk-swiss-businesses-ft-2023-12-07/

PwC US Chairman race narrows to three contenders – Kathryn Kaminsky, who co-leads the firm’s trust solutions practice; Jenny Koehler, PwC’s strategic growth and business development leader; and Paul Griggs, US markets leader.

https://news.bloombergtax.com/financial-accounting/pwc-narrows-field-to-three-candidates-to-succeed-us-leader-ryan

PwC is acquiring Surface Ink a former design partner of Apple

https://techcrunch.com/2023/12/11/pwc-is-acquiring-surfaceink-the-hardware-designer-that-was-once-a-close-partner-of-apples/

Deloitte oversight failure in Nigeria – Deloitte certified that the Tingo Group had $462 million in the ju bank, a figure that the SEC ultimately contradicted, stating that the actual amount was a mere $50.

https://www.morebranches.com/deloittes-oversight-failure-forbes-uncovers-nigerian-companys-462-million-financial-scandal/

EY offers 25% bonus for its UK office employees to take time-off without pay during summer.

https://www.fnlondon.com/articles/ey-offers-25-bonus-for-uk-consulting-staff-to-take-time-off-20240112?mod=most_read