Big Four audit firms to face massive shake up

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‘Big Four’

audit firms to face massive shake up

Top 10 companies under EU scrutiny

Changes to define audit and non-audit

 

 

The ten biggest companies in Cyprus will no longer stick to the same auditors for more than nine years, while firms will also have to separate their audit from non-audit services, such as consultancy, if the European Commission has its way.
The "Big Four" global auditors could be broken up, leaving them susceptible to takeovers if…

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