Editor's comment: Big Four auditors feel the heat from FRC audit inspectors

The Big Four audit firms are under severe pressure from the audit regulator, the Financial Reporting Council, as the latest round of audit quality inspection reports show a sharp decline in standards and a particularly harsh report citing unacceptable audit practices at KPMG. Sara White, editor of Accountancy, asks whether it is time to overhaul the whole system

Registering for Accountancy Daily is easy and free! Enjoy special benefits including access to premium content and e-alerts by signing up today, if you are already a subscriber then please log in.

Sign up to Accountancy Daily Free and receive

  • Three premium articles every 30 days
  • Customisable ealerts
  • News and technical alerts
  • Vote on stories
Related Articles