In the press
Berkeley’s Hadley Baldwin on reforming the audit market
Auditor appointments often come down to identifying the least conflicted of the main firms. Berkeley’s Hadley Baldwin sets out his case for reform.
Source: Financial News
Time for the Big Four to buck up or break up
Auditor appointments often come down to identifying the least conflicted of the main firms - maybe we need to change the whole system.
By Hadley Baldwin
The ‘Big Four’ accounting firms — KPMG, Deliotte, EY and PwC — have faced significant criticism of late. A raft of high-profile scandals, such as their role in the collapses of Carillion and BHS, have called into question the quality of their work as auditors and consultants, with some going so far as to declare a crisis in the audit market.
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