Big four au­di­tors face UK reg­u­la­tor

Sunday Times - - Business Opinion & Bits -

Bri­tain’s Com­pe­ti­tion and Mar­kets Au­thor­ity (CMA) has launched a re­view of the au­dit sec­tor, say­ing all op­tions are on the ta­ble to im­prove choice and qual­ity in book-keep­ing for com­pa­nies.

The re­view fol­lows calls by MPs who wanted the CMA to con­sider break­ing up the big four ac­count­ing firms, EY, KPMG, Deloitte and PwC, which check the books of nearly ev­ery big listed firm in Bri­tain.

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