Bericht

Transparency would help to address the audit market problem: Response to the consultation on the Interim Report of the Market Participants group on choice in the UK audit market

Nicolas Véron responds to a consultation by the UK Financial Reporting Council and makes recommendations on how to address the audit market problem' resulting from the presence of only four international audit networks. Eventhough serious problems would be created by the disappearance of one of these Big Four', policymakers should not try to protect them at any cost. Before envisaging measures on audit firm liability or change in ownership rules, more evidence should be gathered on key issues of the debate, and firms should provide more transparency about their financials and governance arrangements.

Language
Englisch

Bibliographic citation
Series: Bruegel Policy Contribution ; No. July 2007

Classification
Wirtschaft
Subject
Revision
Multinationales Unternehmen
Großbritannien

Event
Geistige Schöpfung
(who)
Véron, Nicolas
Event
Veröffentlichung
(who)
Bruegel
(where)
Brussels
(when)
2006

Handle
Last update
12.06.2025, 7:43 PM CEST

Data provider

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Object type

  • Bericht

Associated

  • Véron, Nicolas
  • Bruegel

Time of origin

  • 2006

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