The Financial Reporting Council (FRC) has finally made public an excoriating report on PwC’s audit of BHS which describes the firm’s reporting as ‘incomplete, inaccurate and misleading’ and reveals the senior audit partner recorded only a handful of hours’ work on the retailer’s accounts shortly before it was sold for £1

Somerset-based chartered accountancy firm Albert Goodman has announced a merger with specialist medical accountants, MW Medical, based in Westbury-on-Trym, Bristol, to create one of country’s largest medical accounting practices

Homebase looks set to become the next casualty of the current drop in ‘bricks and mortar’ trading, with reports that Alvarez and Marsal is to be brought in to carry out a company voluntary agreement (CVA) which will see the DIY retailer shut at least 42 stores, putting some 1,500 jobs at risk