Systemic Risk! Dominance! Momentum! Auditors In Crisis. Again.
Politicians are again trotting out the same old ideas and suggestions for audit industry reform. Does the UK also pop in new politicians every four years as we do here in the United States such that we get a fresh crop of potato heads every term, fresh from the field, with nary a clue about the history, legacy, machinations and pervasive influence of the largest global accounting firms?