A UK government probe into the audit market
turns its focus on the thoughts of professional accountancy bodies
The committee is expected to ask institute
chiefs if there is adequate competition in the audit market,
whether they feel there is a conflict between audit firms offering
clients non-audit services and whether the Big Four have too much
influence over professional bodies.
The witnesses include Institute of Chartered
Accountants in England and Wales executive director Robert
Hodgkinson, Institute of Chartered Accountants in Scotland senior
vice-president Ian McLaren, Association of Certified Chartered
Accountants chief executive Helen Brand and Chartered Institute of
Management Accountants chief eexecutive Charles Tilley.