Deloitte will partially refund the Australian government after admitting a report it produced contained multiple errors generated by artificial intelligence. The Big Four firm is set to repay the final instalment of its A$439,000 (c. £215,000) contract for an "independent assurance review" of
Deloitte
Deloitte's UK business has reported its first annual revenue decline in 15 years, driven by a slump in its consulting arm. Despite the drop in income, average partner payouts rose to over £1 million as the Big Four firm implemented significant cost-cutting measures.
Deloitte in Scotland has welcomed 75 people to its graduate, BrightStart apprenticeship and industrial placement programmes this month. It comes as the firm’s award-winning graduate programme ranked fourth in the Times Top 100 Graduate Employer list for the fifth year running.
The head of Deloitte's Aberdeen office, Hazel Gray, remains confident in the city's future, even as the Big Four firm proceeds with a review of its UK internal services teams that will lead to job cuts.
Deloitte is considering redundancies at its Aberdeen office as part of a UK-wide review of its internal services teams.
Deloitte has appointed Garry Tetley as its new head of tax in Scotland, who will lead a team of 130 tax professionals based in Deloitte’s offices in Aberdeen, Edinburgh and Glasgow. Mr Tetley joined the Big Four firm as graduate in 1997. He succeeds Douglas Farish, who has led the team in Scot
The Financial Reporting Council (FRC) has opened an investigation into accounting giant Deloitte over eight years of its audits for the FTSE 100 mining firm Glencore, following a major bribery conviction against the commodity trader. The FRC confirmed it is examining Deloitte's audits of Glencore an
Campaigners have criticised National Records of Scotland (NRS) for awarding a £75,000 contract to Deloitte to work on the next census without a competitive tendering process. The contract, described as "urgent", is for the development of an "Outline Business Case" for the 2031 census. The deci
The Financial Reporting Council (FRC) has launched an investigation into Deloitte and Azets over their audits of the collapsed fintech company, Stenn. The probe follows the company's fall into administration in December after lenders raised concerns about potentially suspicious transactions.
Deloitte’s latest survey of UK chief financial officers shows that finance leaders see the UK as the most attractive destination when it comes to investment, alongside India, with a net 13% describing it as very or somewhat attractive. The survey – which took place between 16 and 29 June
Two Scottish businesses have been recognised in Deloitte’s inaugural UK’s Best Managed Companies awards, presented by Deloitte at the McLaren Technology Centre. Business services firm Murgitroyd, headquartered in Glasgow, and technology company Insights, based in Dundee, were named among
Deloitte in Scotland has promoted seven of its people to partner across its Glasgow, Edinburgh and Aberdeen offices, including four women. Jennifer Donnachie, Laura MacDougall, Lyndsay MacGregor, Marc McNulty and Paul Cowley have been promoted in Glasgow, alongside Patrick Werner in Edinburgh and Sa
Deloitte has appointed Hazel Gray as its new office senior partner for Aberdeen, as the firm moves to a new office space in the city centre. Ms Gray, a partner in the firm’s Global Investment and Innovation Incentives (Gi3) team, brings vast experience to the role, including ten years ad
Chief Financial Officers (CFOs) of the UK's largest companies are increasingly adopting defensive business strategies, reaching levels not seen since the early stages of the pandemic, according to Deloitte. The Big Four firm's latest survey of UK chief financial officers (CFOs) closed on 31 March &n
Scotland could do more to capitalise on the economic growth opportunities presented by the energy transition and digital transformation, according to new research by the Fraser of Allander Institute supported by Deloitte in Scotland. The research considers the drivers of productivity in Scotland and