Is it time to see a shake up of the Big Four accounting firms?

Calendar
Thursday 4 April 2019
Clock
18:30–20:00
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Auditorium (ground floor)
Microphone
Richard Brooks; Author of “The Beancounters”
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Professor Christine Cooper (panel chair); Chair in Accounting; University of Edinburgh Business School
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Robin Archibald (panellist); NED of a number of firms
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Professor Prem Sikka (panellist); Chair in Accounting; University of Sheffield
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David Wood; Senior Policy Director; Institute of Chartered Accountants Scotland (ICAS)

Overview

In this joint event with the Library of Mistakes, Richard Brooks will chart the accounting profession's rise to global influence and provide insights into the underside of the profession, from underpinning global tax avoidance to corrupting world football. Focussing in on the ‘Big Four’ that dominate the market Richard will also reveal how they have used their central role in the economy to sell management consultancy services that send billions in fees their way and ties them closer than ever to clients both in business and government.

The recent collapse of Carillion demonstrates the weakness of current regulation and standards and has sparked the government to calls for a shake-up of the Big Four by politicians and regulators.

Has the profession lost its moral compass? Is accountancy too important to be left to the accountants? Should the two functions of audit and consultancy be split, and should the Big Four be broken up to limit their power?

Richard’s talk, based on his recent book Bean Counters: The Triumph of the Accountants and How They Broke Capitalism will be followed by a panel debate and questions from the audience. Come and take part in the discussion.

Richard will be signing copies of his book, available for £10, after the event. Purchases must be cash only.