Myners Urges End to Domination of Audit ‘Big Four,’ Times Says
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Paul Myners, a former U.K. Treasury minister, called for reform of the audit market, to end the domination of the “Big Four” firms, the London-based Times reported.
Speaking at a House of Lords inquiry, Myners said Deloitte & Touche LLP, Ernst & Young LLP, KPMG International and PricewaterhouseCoopers LLP should share responsibility for the 2008 banking collapse, the newspaper reported.