Skip to content Skip to footer
Search

Loading Results

PwC comments on CMA audit proposals for consultation

Dec 18, 2018

Commenting on the CMA audit proposals for consultation, Kevin Ellis, chairman and senior partner of PwC UK, said:

 

“This is a comprehensive package of proposed interventions from the Competition and Markets Authority. We recognise it is time for change and a watershed moment for the audit sector. Audit quality must be front and centre of any reform. We support measures which strengthen audit quality, boost public confidence and encourage more choice in the market.

 

“The proposals will require careful and wide consultation in order to deliver practical remedies which serve the best interests of shareholders, companies and society at large. We look forward to seeing the CMA’s report to better understand its findings and recommendations.

 

“The UK has a world leading professional services sector and it is important that the CMA,  Kingman and other reviews lead to changes which further strengthen confidence and trust in the UK as a place to do business.”

 

Ends

About PwC

At PwC, our purpose is to build trust in society and solve important problems. We’re a network of firms in 157 countries with more than 223,000 people who are committed to delivering quality in assurance, advisory and tax services. Find out more and tell us what matters to you by visiting us at www.pwc.com.

PwC refers to the PwC network and/or one or more of its member firms, each of which is a separate legal entity. Please see www.pwc.com/structure for further details. © 2018 PwC. All rights reserved

Contact us

Media Enquiries

Press office, PwC United Kingdom

Follow us