Billion pound boost for Top 60 firms

Article Abstract:

Accountancy's 'Top 60 league table' reveals that total fee income for accountancy firms in 2006 has topped pound sterling 7.7 billion, around pound sterling 1 billion more than that of 2005. Sarbanes-Oxley and IFRS works are seen to be the driving forces behind the remarkable surge in fees.

Sales & consumption, Industry sales and revenue

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The year of uncertainty

Article Abstract:

The uncertainty expected to be faced by accountancy firms in 2008 are discussed. The credit crunch, auditor choice debate, consolidation of firms and chancellor Alistair Darling's controversial moves on capital gains tax issues are creating the uncertain situation.

Economic aspects, Uncertainty

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Listen to investors for a thriving audit market

Article Abstract:

A study of the U.K.'s investment community reveals that many companies are willing to change to non-Big Four auditors, confirming the need for greater competition and choice in the audit market.

Competition (Economics), Viewpoint essay

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