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.
Andrew Howson joins the firm from EY, bringing experience in advising private equity and corporate clients across multiple sectors in the UK and Europe
Dennis Layton takes up the position on April 1 and will contribute to the firm’s goal of becoming the leading global professional services organisation by 2020
Richard Cartwright becomes the new head, taking over from incumbent head of office David Lemon
Brian Burke, business development director, has moved within the firm to 'develop Quantuma’s networks with Sussex professional firms'