Tuesday, January 30, 2018

Big Four break-up? FRC calls for more competition in audit market after Carillion collapse

“Two of the last three finance directors at Carillion came from KPMG. KPMG for the last 19 years has conducted the audit [of Carillion]. Did that not sound a warning to you?” he asked. “Given the oligarchy that now exists among the accountancy firms, shouldn't we be considering a recommendation to the ...
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