UK accounting regulator urges break up of Big Four firms KPMG, Deloitte, PwC, EY (The Guardian, 2018. Alt: The Irishtimes, 2019)

The UK audit regulator has outlined the plan to breakup the Big Four accounting firms in letters sent to the leaders of Deloitte, EY, KPMG and PwC. In what would amount to a far-reaching shake-up of the accounting industry, the Financial Reporting Council (FRC) issued guidelines for the big four to separate their audit and consulting operations in Britain.

#Politics #Economics #Cryptocracy