A British MEP has criticised the “ostrich mind-set” of the Big Four firms in response to European Commission proposals to improve the audit market.
Big Four
Big Four firm KPMG, plus individual members of the ICAEW and CIMA, are being investigated for their conduct of audits into Lloyd's Syndicate 218, the underwriting group behind the UK’s fifth larges
KPMG Europe fared well in the year to 30 September 2011, amid market volatility in the eurozone, with combined turnover growing by 13
The head of the UK's financial reporting watchdog warned that European Commission proposals to introduce mandatory joint audits and rotation of auditors risk “damaging” audit and making it more exp
The UK Chancellor may have downgraded his growth forecasts after a sticky few quarters, but PricewaterhouseCoopers bucked the prevailing economic conditions to post a 6% increase in turnover to £2.
PricewaterhouseCoopers faces a disciplinary tribunal after accepting the validity of a complaint brought by the Accountancy and Actuarial Discipline Board (AADB) arising from its audits of JP Morga
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The Office of Fair Trading has "provisionally" recommended that the Competition Commission undertake a full investigation into the audit market.
