Tuesday, April 10, 2018

Regulators to zero in on "systematic deficiencies" among audit giants

The Financial Reporting Council (FRC) is to set out its expectations of PwC, Deloitte, EY, KPMG, BDO and Grant Thornton and use evidence it gleans to inform the monitoring of the so-called "big six" firms. Regulators will focus on five key pillars "critical to the stability of the audit firms and quality of audit ...
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