New report warns dominance of 'Big Four' audit firms damages credibility

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SCHEMES should be concerned at the unhealthy domination the "Big Four" audit firms have on the market, governance experts warn.

Deloitte, Ernst & Young, KPMG and PricewaterhouseCoopers audit all but one of the FTSE100 and claim 99pc of audit fees in the FTSE350, a new report prepared for the department of trade and industry...

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