Big Four Audit “Oligarchy” Comes under Scrutiny in the UK after Corporate Surprise Collapses
The “oligarchy” controls the standard-setters, ensuring rules of the game suit it. The long reach of the bean counters also extends deep into the heart of government. By Don Quijones, Spain, UK, & Mexico, editor at WOLF STREET. KPMG, one of the world’s “Big Four” accounting firms, has shown an “unacceptable deterioration” in auditing British firms and … Read more