Asset managers, policymakers to blame for Big Four accounting scandals; here’s why – FT

The Big Four auditors KPMG, Deloitte, EY and PwC seem to be too big to fail. This is the conclusion of many observers who have looked on in astonishment as these big companies continue to generate huge sums even though they “miss” irregularities that have wiped out shareholder value.

This article is exclusive to Biznews Premium. Members please login here. Not yet subscribed? Taste before you eat by signing up here for free 30 day trial (card details required; WSJ access only available to paying members)