Opinion
Treasury questions the very nature of the big four consulting firms
Get ready for war as the big four fight back against suggestions they are too big, incapable of governing themselves and have compromised auditing roles that are critical to the economy.
Edmund TadrosProfessional services editorThe Treasury consultation paper on regulation of the big four consulting firms makes it clear the current way the firms operate and are policed is not working effectively.
But it also highlights that the government’s overriding concern is about three services critical to the wider economy: auditing, taxation and insolvency.
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