Friday, February 22, 2013

Competition Commission raps Big Four accountants


Britain's four biggest accountancy firms have been heavily criticised by the Competition Commission.

The regulator has accused PWC, Ernst & Young, Deloitte and KPMG of being too dominant and enjoying too cosy a relationship with company management.

The four accountancy firms act as auditors for 90% of the UK's stock-market listed big companies.

See full Article: http://www.bbc.co.uk/news/business-21543945