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The Big Four accountancy firms are acting as gamekeeper and poacher
by STEVEN WALKER

THE news that the head of the accountancy watchdog, the Financial Reporting Council, is at last set to resign follows decades of spineless deference to the Big Four accountancy firms which are behind some of the most outrageous financial scandals that have led to the collapse of businesses and thrown thousands of workers onto the dole.

The most recent debacle involved the Carillion collapse earlier this year which is set to cost taxpayers at least £148 million. 

Ironically an estimated £50m will be paid to auditor PricewaterhouseCoopers, one of Carillion’s auditors for its work in the process of winding down the business. 

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