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  1. The Thomas Cook logo is seen at their German headquarters in Oberursel, near Frankfurt

    UK accounting watchdog extends probe into EY audit of Thomas Cook

    Britain's Financial Reporting Council (FRC) has added an extra year to its investigation into accountant EY's audit of Thomas Cook, the holiday ...
  2. The KPMG logo is seen at the company's head offices at La Defense business and financial distr

    UK watchdog says all top accountants fail audit quality test

    All of Britain's leading accounting firms have failed to hit quality targets set by their regulator for auditing company books for the second year ...