Analysts have revealed 91% of SMEs want to use their auditors for more than just audit, writes Gavin Hinks.
London Economics says the survey result is in contrast to the view taken by the US Securities and Exchange Commission which believes audit and consultancy should be separated.
Neil Lerner of KPMG, who is campaigning against SEC proposals to split audit from consultancy, said: ‘If accountancy firms are restricted from providing other services to large multinational clients, they will not find it economical to provide these services to smaller clients.’
The study showed 52% of smaller companies considered their accountant to be their main business advisor.
A new head of solutions, Aidan Brennan, has been appointed at KPMG UK
The second largest improvement in ‘significant’ levels of financial distress since the EU Referendum was in professional services, found research from Begbies Traynor
Just one half of UK practices have implemented a pricing structure around auto enrolment implementation and advice - with many suffering increased costs
Deloitte's north-west Europe foray; BDO, Smith & Williamson investment paths; Shelley Stock Hutter; and Wilkins Kennedy discussed by editor Kevin Reed on our Friday Afternoon Live broadcast