Auditing the auditors – Big Four still under fire. By Alan Shipman

GunAlthough its latest quality report finds signs of progress and no major lapses in 2006-7, the Financial Reporting Council (FRC) remains determined to break the Big Four domination of large company audits. This article reviews the reasons for the FRC’s concern, arising from research conducted in 2006 on which industry consultation was launched last October.

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Comments

YAWN!!!!!!!!!!!

petestar1969 | | Permalink

Wow, sorry, got about a quarter of the way through and started to doze off.

I'm so glad I no longer work for an audit firm.. more hassle than its worth.