PricewaterhouseCoopers, Ernst & Young, KPMG, Deloitte & Touche and the AICPA have in the past displayed public unity with the firm.
But the firms’ US arms now believe the reputation of Andersen is making it hard to lobby politicians in Washington, according to the Daily Telegraph.
The coalition reportedly phoned Andersen last week to say it would follow a ‘seperate path’.
A spokesman for Andersen was defiant, saying: ‘Regardless of who we are working with, Andersen is going forward with an agenda of strengthening our standards and taking the necessary steps to restore public confidence.’
HMRC breaches client confidentiality; and partner profits fall at EY. These stories and more discussed in Friday Afternoon Live
Two new audit partners have been appointed at the firm BDO in its audit practice following continued growth and investment
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