So a Big Four is set to fail?.

Thank goodness I’m not the only one concerned about this. As Dennis Howlett notes:

As … I have been warning for well over two years now, one if not all of the Big Four will collapse. No amount of posturing by regulatory bodies will prevent aggrieved stakeholders from pursuing legal remedies in light of some of the more egregious cases such as Satyam or what’s fallen out of the banking crisis. It is the weight of litigation that will trigger a collapse. Satyam alone could do that in regard to PWC. The question comes – what next? That’s where FRC and others’ focus should be placed.

Precisely.

But there’s no evidence it’s happening.

  One Response to “So a Big Four is set to fail?”

  1. [...] Some of us have been warning one or more of the Big 4 auditors will fail. It seems likely regulators now agree. [...]

Sorry, the comment form is closed at this time.