BDO, Deloitte, and KPMG are navigating a competitive landscape where they are gaining mandates from Big Four rivals while simultaneously facing scrutiny over audit quality failures.
3 reports, 2 independent
Updated Aug 17
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AI-generated analysis. Brind wrote this summary from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.
What happened
BDO, Deloitte, and KPMG are navigating a competitive landscape where they are gaining mandates from Big Four rivals while simultaneously facing scrutiny over audit quality failures.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- The industry is currently experiencing market contraction and a decline in client spending.Sub-event
- Wirecard's past collapse is being used as a case study to highlight current industry flaws in auditing practices.Sub-event
- An AG coalition is investigating the Big Four accounting firms, including Deloitte.Sub-event
Firms are gaining mandates from Big Four rivals while facing scrutiny over audit quality failures.1 source
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The entities involved
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BDO
Philippine banking company
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Deloitte
multinational professional services network founded in 1845
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KPMG
provider of audit, legal, tax advisory, financial, and business advisory services
Related events
Coverage
Newest first; wire copies grouped- miragenews.com
- aol.co.ukBig Four retreat from AIM as mid-tier auditors gain ground in London - AOL