Accounting Firms
Cost to break Big Four dominance rises to £1bn
The cost of the ‘managed shared audit’ proposed was estimated to be in the region of £210m last year, but has since increased dramatically
The cost of plans to break the stranglehold of the Big Four accountancy firms – by forcing companies to hire two sets of auditors – has risen to almost £1bn over 10 years according to latest government estimates, the Financial Times has reported.
You'll need to
subscribe to unlock this content. Already subscribed? Login?
