HMRC umbrella company ‘checking tool’ looms for workers
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Plans to break up the Big Four audit firms are at the early stages but the regulator is aiming for an operational split of audit practices by 2022.
In a first for the global audit market, the UK audit regulator has signalled its intention to radically overhaul the audit market with a carve-out of the audit businesses of the Big Four firms – PwC, Deloitte, EY and KPMG.
Read more at Accountancy Daily.