The move is likely to be given the go-ahead by the European Commission despite concerns about the potential competition impact of the Big Five becoming the ‘Final Four’.
If the deal is completed, Deloitte will become the second largest accountancy firm, as reported in the latest Accountancy Age Top 50 league table, released last week.
A block on the deal is unlikely as parts of the Andersen business will be digested by rival firms whether or not the deal takes place.
Revenue and profitability growth in on the rise for CPA firms, found a survey from the American Institute of CPA’s and its subsidiary CPA.com
The second largest improvement in ‘significant’ levels of financial distress since the EU Referendum was in professional services, found research from Begbies Traynor
Carter Backer Winter has acquired Edwards Financial Services, expanding its financial planning department
New growth opportunities in Aberdeen, North East Scotland, are being invested in by Grant Thornton