FRC report on Big $

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The Financial Reporting Council (FRC) has published Audit Quality Inspection (AQI) reports for the Big Four firms, Deloitte, Ernst & Young, KPMG and PwC according to Harris & Co accountants Northampton.

AQI reports on these firms are currently published annually, following a series of inspections of individual audits and a complete review of audit standards and quality.

The reports set out the principal findings followinng inspections of the individual firms, which were carried out by the FRC"s audit quality review team during the year to 31 March 2013 the 2012/13 inspection). The inspections were conducted in the period from April to December 2012.

The FRC has now completed its review cycle for 2012/13.

For analysis of the individual Big Four firm reports, see related links below for each inspection report, highlighted by firm.

The full AQI reports are available from FRC

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