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Home | Big four auditors face competition scrutiny |
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Big four auditors face competition scrutiny
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- July 29, 2011
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The Office of Fair Trading (OFT) has provisionally decided to refer the market for statutory audit services to large companies in the UK to the Competition Commission, for a market investigation. With PricewaterhouseCoopers, KPMG, Ernst & Young and Deliotte dominating the market, the watchdog initially outlined its concerns in May, highlighting “substantial barriers” to entry [...]
- Read more at:http://www.bankingtimes.co.uk/2011/07/29/big-four-auditors-face-competition-scrutiny/
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