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Topic: big-four

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Wednesday, 7/1, 03:43 AM

Australia Weighs Breaking Up the Big Four Accounting Firms

  • Australia's government is consulting on tough reforms to the Big Four accounting firms — Deloitte, PwC, EY and KPMG — up to and including forcing them to split their auditing arms from their consulting businesses.
  • A run of scandals has revived a long-running question: can a firm honestly audit a company it also sells lucrative advice to?

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