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Time for a Break? Britain’s Big Four Auditors Come Under Threat

May 21, 2018, Bloomberg

Elaine Whiteford is quoted in a Bloomberg article regarding the push for the Competition and Markets Authority to take a more aggressive role in overseeing the top accounting firms. There’s some momentum with the CMA,” says Whiteford. “They want to make a splash, they’re keen to get some big wins to justify themselves. The auditors are never going to be flavor of the month and they’re high profile.” Still, she says, “a perceived lack of quality -- or insufficient rigor -- is not necessarily a competition question.”

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