accounting firms


Audit Firm Singapore: Understanding How Auditors Work

The Big Four accounting firms, which comprise Ernst and Young, Deloitte and Touche, KPMG and PwC, have become too big to fail, said a Harvard Business School expert. For this reason, most small audit companies have given up on surviving the industry, yielding to mergers with the Big Four organization of their liking. That is, if they have shown promise and are fortunate to have impressed one of the Big Four. Are small audit firm Singapore bound to monetary risks by consolidating with the Big Four firms?