Sir Adrian Cadbury warns of power shift in favour of advisers due to uncertain times.
A shift in the balance of power from boards to their professional advisers is occurring, making advisers' expertise and advice more essential and potentially pricier than ever, Sir Adrian Cadbury has said.
The apparent shift in power is great news for accountants and auditors who could see a higher price placed on their advice given the volatile economic outlook.
Sir Adrian said: 'Boards are more dependent on their professional advisers and especially on their accountants and auditors, both external and internal, than ever before.
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