KNAV, a global accounting and advisory firm, has merged with Natarajan & Swaminathan, a distinguished audit firm in Singapore with a 70-year legacy. This strategic merger aims to enhance KNAV’s local operations and broaden its regional influence. Natarajan & Swaminathan is celebrated for its exceptional audit and tax services, and its team’s deep understanding of…
LONDON, UK: Glantus Holdings, the provider of accounts payable automation and analytics solutions, has acquired Meridian Cost Benefit Limited for a total consideration of up to £3.03 million, a news release said. Meridian Cost Benefit (MCB) is a provider of accounts payable recovery audits and specialist audits in telecom and utility contract compliance audits. Based…
LONDON: The Financial Reporting Council (FRC) has announced sanctions against Grant Thornton UK LLP and one of its Audit Engagement Partners in relation to the statutory audit of the 2016 financial statements of a publicly listed company. The sanctions are: A fine of £650,000 for Grant Thornton (discounted for admissions and early disposal to £422,500),…