The CMA Recommends Audit Reform

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CMA Recommends Audit Reform
Finance

The CMA Recommends Audit Reform

Last year, the Competition and Markets Authority (CMA) conducted a detailed study of the UK audit market. The study focused on three main issues: The difficulty of choosing and switching between the Big 4 firms- KPMG, E&Y, Deloitte, and PwC. The Big 4 being “too big to fail” and threatening