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The Economist: Record fine for PwC in China exposes âBig Fourâsâ embedded problem
The âbig fourâ accounting giants have outgrown their decentralised structures
The "Big Four" accounting firms face mounting scandals and regulatory fines as their decentralized structures struggle to keep pace with rapid global expansion. PwC, Deloitte, EY, and KPMG, responsible for auditing major corporations, grapple with oversight failures and calls for reform.
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From The Economist, published under licence. The original article can be found on www.economist.com
© 2024 The Economist Newspaper Limited. All rights reserved.
The Economist â Schumpeter
The "big four" accounting giants have outgrown their decentralised structures
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