Belfast Telegraph

UK Website Of The Year

Home News UK

Accountants face audit

Published 30/07/2011

Britain's big four accountancy firms are facing their own audit after a watchdog recommended a full-blown competition inquiry into the industry.

Deloitte, KPMG, Ernst & Young and PricewaterhouseCoopers, who are responsible for checking the books of nearly all of the UK's largest companies, were criticised last year by a House of Lords committee.

In a statement, the Office of Fair Trading (OFT) said it was concerned that this market was "highly concentrated".

Belfast Telegraph

Read More

From Belfast Telegraph