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EU lawmakers in tentative deal on accounting cap:

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Posted On: 04/24/2013 5:00:05 PM
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Posted By: testuser
EU lawmakers in tentative deal on accounting cap: sources

The Deloitte Company logo is seen on a commercial tower at Gurgaon, on the outskirts of New Delhi By Huw Jones LONDON (Reuters) - Companies would have to change their accountant every 25 years under a tentative deal ahead of Thursday's committee vote on a European Union audit market reform, two parliamentary sources involved in the talks said on Wednesday. If endorsed, it would mark a big dilution in the draft EU law and trigger relief among the "Big Four" accounting firms - Deloitte , Ernst & Young LLP , PwC and KPMG - who check the books of nearly all blue chip companies worldwide. ...




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