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:
Rowan Williams will be responsible for growing the firm’s presence in the Gatwick Diamond and across the south east
Kevin Humphreys joins the insolvency and restructuring firm from the National Crime Agency (NCA) Economic Crime Command
Ann Pomfret joins the Manchester office from BDO
Mark McMullen joins the private client services team from Smith & Williamson