Calls for breaking up the big four accounting firms are on the rise following audit failures at Carillion and retailer BHS. In a first such intervention, with the role played by accounting firm KPMG in the collapse of construction company… Read More ›
Carillion’s collapse has angered lawmakers who called on the FRC to consider breaking up the “Big Four” accountants in order to increase competition and audit quality. On Tuesday, Britain, financial watchdog, the Financial Reporting Council (FRC) stated, it has opened… Read More ›
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