BT

BT Italy scandal prompts auditing probe

The Financial Reporting Council (FRC), the UK’s accountancy watchdog, says it has begun an investigation into the auditing of BT’s financial statements. The investigation covers the years 2015 to 2017 and relates to the scandal in the telecoms giant’s Italian division. The auditor responsible, PwC, was replaced in June with rival accounting firm KPMG. In […]






Facebook

Facebook hits two billion users

More than a quarter of the world’s population now uses Facebook every month, the social network says. “As of this morning, the Facebook community is now officially two billion people,” founder and chief executive Mark Zuckerberg posted. The milestone comes just 13 years after the network was founded by Mr Zuckerberg when he was at […]