ACQUISITIONS are the best way for firms to challenge the Big Four, Accountancy Age readers have said in the wake of BDO’s merger agreement with PKF.
Of the 83 readers polled, 81% said they saw no other way for firms to touch the top four firms than merging with or acquiring other firms, while the remaining 19% said there are other methods to challenge them.
Sixth-largest firm BDO has agreed to join forces with PKF, which stands at 12th in Accountancy Age‘s Top 50+50 table.
The merger of the two firms would create an entity with more than £400m in revenues, with 3,500 staff.
Vote in Accountancy Age‘s latest poll:
The average cost of fraud increased 35.4% to £3.9m in 2016, compared to 2015 data
Harrison Beale & Owen will (HB&O) have a new chairman and managing director at the helm for 2017
Satvir Bungar promoted to managing director in the mergers and acquisitions team
Carolyn Brown appointed as the first head of client legal services practice RSM Legal