All Audit articles
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Financial & PerformanceSynergy-seeking Vivo employs PwC as new auditor
Vivo becomes third ‘core’ Telefónica operating business to select PwC for auditing services, dropping contract with Baker Tilly. Unit claims the move will enable increased operational synergies, and better aligns Vivo with Group’s other core interests. Read more…
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Financial & PerformanceDeloitte slams TalkTalk’s financial controls, resigns auditor role
Deloitte quits as TalkTalk’s auditor after 22 years and issues damning statement about the broadband provider’s financial reporting controls.
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PremiumAudit at Cosmote ‘uncovers Greek intelligence wiretapping’
Investigation at operator by Greek state‑backed press freedom authority reportedly reveals journalist and MEP were wiretapped for “unspecified national security reasons”.
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Public AffairsVodacom DRC offices “sealed”, accounts “seized” in tax dispute
Congolese operator claims tax authorities have initiated “forced recovery” of disputed tax bills “against all expectations”.
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Public AffairsPwC fined for BT Italia fraud case
Auditor handed £1.75m fine for lack of “professional scepticism” relating to BT’s Italian operations.
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PremiumElsewhere in T-Mobile US: Deloitte selected as Auditor
TMUS follows in DT’s footsteps with selection of Deloitte as new auditor.
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Suppliers & SCMDT to judge suppliers on their climate ambition
German operator looking for early win as it turns attention to vast — and growing — problem of supply chain emissions. Hardware vendors will be first to come under environmental spotlight as DT tweaks its RFP scoring system. Move comes following joint project with buying partner Orange.
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OperationsDT opts for second-choice Deloitte as new auditor
Deloitte given mandate to replace incumbent PwC. Proposal to be put to shareholders in April, and comes after disrupted, three-year selection process. DT drops one-off management bonus option after stockholder criticism.
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Suppliers & SCMDeloitte ‘in line for Deutsche Telekom auditing role’
Report indicates operator is close to concluding a prolonged and politicised auditor selection process. Deloitte now seen as in pole position to replace incumbent PwC.
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PeopleEx-BT chair teed up to lead UK audit regulator
Business Secretary Kwarteng puts Jan du Plessis forward for appointment to chair the FRC amid governance struggles on the audit watchdog’s “underweight” board. FRC in transition, and requires a chair able to partner with government.
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Suppliers & SCMBT joins audit club to boost supplier sustainability
Pourrat underlines ESG credentials though membership of telco grouping to share best practice on supply chain sustainability. Highlights that BT spent around £13.1bn this year with more than 1,100 direct suppliers in nearly 100 countries, and that understanding impact on environment and society is key.
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Public AffairsNI report criticises past public broadband projects
Audit Office report cannot verify that two broadband projects “achieved value for money”. High service take-up rates suggest not all public funding was needed. NI expected to claw back £14m of public funds from BT. Hopes for £165m Project Stratum to deliver better outcome for rural broadband.
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Enterprise (B2B)BT defends role in poor-value NI land registry project
Audit Office critical of Department for Finance in failing to deliver taxpayer value from Land Registry contract, and for not securing sufficient transparency on BT’s slice of the income.
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PremiumSDS partners with unnamed “Big Four” auditor
Software Daten Service (SDS) — a wholly-owned subsidiary of T-Systems, focused on financial services IT — partnered with an unnamed “Big Four” auditor.
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Suppliers & SCMVodafone Group joins IBM push to better manage suppliers
Vodafone part of IBM-led consortium to develop Trust Your Supplier blockchain network. Wilson envisions easier onboarding of smaller suppliers.