According to the Final Report from the Co-ordinating Group on Audit and Accounting Issues the market for auditing and accountancy has become ‘highly concentrated’ and increasingly global.
There is also concern that little appears open at a national level to deal with any competition issues.
Last year the European Union’s Competition Commission cleared the absorption of Andersen into Deloitte following the Enron and WorldCom corporate disasters.
Harrison Beale & Owen will (HB&O) have a new chairman and managing director at the helm for 2017
Satvir Bungar promoted to managing director in the mergers and acquisitions team
Carolyn Brown appointed as the first head of client legal services practice RSM Legal
UK senior partner Phil Verity has been elected for a second term at Mazars