There is a concern that the audit of FTSE 100 companies is dominated by the Big Four
Question:
There is a concern that the audit of FTSE 100 companies is dominated by the Big Four audit firms. One proposal is that there should be joint audits which include mid-tier firms.
Discuss the objection that has been raised that these firms lack the technical expertise to act as joint auditors with the Big Four and how this could be resolved.
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The objection that has been raised is that mid tier firms lack the technical expertise to act as joi...View the full answer
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Related Book For 
Financial Accounting And Reporting
ISBN: 9781292255996
19th Edition
Authors: Barry Elliott, Jamie Elliott
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