Audit updates: February 2019

In this month’s roundup of audit news, MPs probe Big Four and mid-tier firm heads about sustainability of audit, FRC consults on tougher stewardship code and changes to third country auditor fees due to Brexit, Carillion audit investigation to continue well into 2019, audit wins at SSE and ICG, while Aston Martin puts audit out to tender

Audit and consulting split would make Big Four less resilient

The heads of the Big Four firms have warned the Business, Energy and Industrial Strategy (BEIS) Committee that the Competition and Markets Authority’s (CMA) recommendation to split non-audit and audit services into separate entities would challenge the firms’ resilience as audit services only make up a small amount of fee income.

Your free features:

Breaking news and expert analysis
Customisable daily newsletters
Six free CPD learning modules each year
Personalised CPD tracker
Top 75 Firms league tables
Regulatory changes
Hardman’s Tax Data

Business | Top 75 Firms Survey 2026: private equity drives growth and M&A surge

HR | People in the news: A&M Tax, Hazlewoods, Ryan

Business | Top 75 Firms Trainees Survey 2025: tech threats and funding cuts

Navigate

Tax Services

Audit and consulting split would make Big Four less resilient

Your free features:

Sign up to Business & Accountancy Daily