PwC, KPMG, Deloitte and EY all fail to meet UK watchdog audit quality targets
The big 4 are increasingly under fire the world over
Seven of the global biggest audit firms, working in the United Kingdom, including the so-called Big Four – EY, KPMG, Deloitte and PwC yet again, failed to meet the audit quality targets set by the Financial Reporting Council (DRC); UK’s audit watchdog.
The latest audit
inspections report for 2018/19, which relates principally to audits of companies’
for results ending December 2017 found