It's long past time to give auditors teeth | Nils Pratley

Action to rein in the ‘overly consensual’ big four should have been taken 10 years ago
Believe in reform of the audit market only when the government legislates to make it happen, but the start of the process carries a welcome whiff of seriousness.One can’t call the proposals radical, because many of the recommendations are merely commonsense solutions to ancient problems. Action should have happened a decade ago when the banks, boasting healthy reports from their auditors, fel