BDO's Newman says GT takes fight to Big Four
BDO chief Jeremy Newman welcomes Grant Thornton/RSM Robson Rhodes merger
Newman said that the deal showed the firms’ willingness to join
in ‘challenging the unhealthy dominance of the audit market by the Big
He also suggested that BDO already had the mass to challenge the Big Four,
and was not actively seeking a large-scale acquisition.
‘We have invested heavily in recent years in ensuring we have high quality,
motivated people, and whilst we are always interested to explore potential
mergers, it is not necessary for us to do so to enable us to compete
effectively,’ Newman added.