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E.U.: Audit reforms to take place despite Commission delay

 |  October 19, 2012

The Competition Commission’s decision to delay publishing its findings into an audit market investigation which looked at the Big Four’s dominance of the FTSE 350 audit market last year, will not deter the European Parliament’s planned timetable of reforms, according to British MEP Sajjad Karim.

The U.K. watchdog began its investigation last year, but on account of an administrative timetable shift, will publish its final findings until August 2013.

Full Content: Accountancy Age

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