The City is calling for greater transparency in relation to the quality of auditor's work, a BDO poll has discovered.

The accounting firm, along with other mid-tier players, has long been claiming that more detailed reports will show that the quality of mid-tier audits is similar to that of their Big Four rivals.

The results of this latest poll certainly seem to indicate that the City agrees, even though the Big Four continue to exert a strangehold on the prestigious FTSE 100 audit market.

BDO boss Jeremy Newman said of the survey in the FT: 'It is vital that the reports contain sufficient detail to be of real value to the investors'.

Further reading:

Regulators poised to publish audit firms’ shortcomings