UK's Big Four Breakup Not Nearly as Tough as It Seems

What this episode covers

The U.K.'s financial regulator made big waves this week when it ordered the big four accounting firms to split up their auditing and consulting businesses. But Bloomberg Tax correspondent Michael Kapoor says, despite a string of auditing scandals, this move is not nearly as aggressive as it could be. Kapoor speaks with Talking Tax host Amanda Iacone about what this will mean for the big four firms and whether Parliament will make time in its already busy schedule to enact stronger accounting laws.

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Frequently Asked Questions

How long is this episode of Talking Tax?

This episode is 19 minutes long.

When was this Talking Tax episode published?

This episode was published on July 9, 2020.

What is this episode about?

The U.K.'s financial regulator made big waves this week when it ordered the big four accounting firms to split up their auditing and consulting businesses. But Bloomberg Tax correspondent Michael Kapoor says, despite a string of auditing scandals,...

Can I download this Talking Tax episode?

Yes, you can download this episode by clicking the download button on the episode player, or subscribe to the podcast in your preferred podcast app for automatic downloads.