Jim Cleary

Progress on audit choice

‘Any market where as few as four firms account for 98 per cent or so of the work, as is the case for the FTSE 350 audit market, is one which risks becoming unhealthy by limiting choice and the challenge to keep improving market quality.’

Carl Sjostrom

Too much muscle?

‘Many companies find it extremely frustrating when they put in place new measures and processes to comply with institutional governance requirements, only to find there is little or no response from investors.’