big 4 accounting News

Britain proposed weakening the market grip of “Big Four” auditors on Thursday and making company directors responsible for spotting fraud after the collapses of retailer BHS and builder Carillion. Directors would have to repay their bonuses if the company went …

Britain needs a new watchdog to shake up the country’s “Big Four” accounting firms and reduce their dominance of the market for auditing companies’ books, two government-requested reports said on Tuesday. The reports’ proposals mark the most radical attempt yet …